Discover the potential at 731 Palmer Street in Missoula, Montana. Built in 1990, this 4-plex offers a substantial 9,583-square-foot lot that serves the tenants well with large outdoor space, located near parks and the North Side trail system connecting you to miles of outdoor access. Whether you are an investor seeking a strategic addition to your portfolio or a handy homeowner looking to build value, this property presents a versatile foundation in a sought-after location. The units are all large 3 bedroom units and with some TLC to the exterior, this property is positioned to see substantial rent increases, enhancing a new investor's return. Leases are all 12-month that are coming up for renewal this spring, allowing a new owner to reposition the property in today's market. The ample outdoor area allows for creative landscaping or functional improvements that can enhance the overall experience of the site, and its location near Providence St. Pat's Hospital, shopping, public bus lines, and other amenities that make this location desirable.
Active
$824,900
731 Palmer St, Missoula, MT 59802
--beds
--baths
4,480sqft
Quadruplex, Multi Family
Built in 1990
-- sqft lot
$799,300 Zestimate®
$184/sqft
$-- HOA
What's special
Large outdoor spaceAmple outdoor area
- 2 days
- 73
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Devin Khoury 406-207-8200,
PureWest Real Estate Missoula
Source: MRMLS,MLS#: 30080642
Facts & features
Interior
Appliances
- Laundry: Washer Hookup
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,480
- Total interior livable area: 4,480 sqft
Property
Parking
- Parking features: Additional Parking, Shared Driveway, On Street
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 9,583 Square Feet
- Features: Level
Details
- Parcel number: 04220016105080000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Foundation: See Remarks
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected
Community & HOA
Location
- Region: Missoula
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $760,697
- Annual tax amount: $6,468
- Date on market: 11/6/2026
- Listing agreement: Exclusive Right To Sell
- Road surface type: Asphalt
Estimated market value
$799,300
$759,000 - $839,000
$1,989/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Listed for sale | $824,900$184/sqft |
Source: | ||
| 1/13/2015 | Sold | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,725 -19.9% | $588,000 +12.3% |
| 2024 | $5,896 +7.9% | $523,800 |
| 2023 | $5,462 +6.1% | $523,800 +23.9% |
| 2022 | $5,147 +2.5% | $422,910 |
| 2021 | $5,024 +5.5% | $422,910 +8% |
| 2020 | $4,760 -2.5% | $391,700 |
| 2019 | $4,880 +9.9% | $391,700 +21% |
| 2018 | $4,440 +1.7% | $323,600 |
| 2017 | $4,368 +6.6% | $323,600 +1.9% |
| 2016 | $4,096 +7.9% | $317,600 |
| 2015 | $3,795 -0.9% | $317,600 +75.8% |
| 2014 | $3,829 +9.9% | $180,677 +0.8% |
| 2013 | $3,486 -2% | $179,301 +1% |
| 2012 | $3,558 | $177,584 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $269,600 |
| 2007 | -- | $269,600 |
| 2006 | -- | $269,600 |
| 2005 | -- | $269,600 |
| 2004 | -- | $269,600 |
| 2003 | -- | $269,600 |
Find assessor info on the county website
Monthly payment
Est. payment








