108 Camelot Court, Missoula, MT 59801

$1,198,000

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List Price
$1,198,000
Price Change
▼ $800,000 1787877388
MLS#
30077493
Status
ACTIVE
County
Missoula
City
Missoula
Acres
0.27
Property Subtype
Apartment

Property Description

Excellent Investment Opportunity! This centrally located 8-unit apartment building offers a strong rental history and consistent occupancy in a highly desirable central Missoula location. The property consists of seven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with below-market rents, offering excellent upside potential for future income growth. Tenants enjoy the convenience of a common coin-operated laundry facility and easy access to shopping, dining, public transportation, and major employers. Outdoor recreation is just a block away at Splash Montana Waterpark and Playfair Park, featuring a 1.3-mile walking path, expansive green space, tennis courts, baseball and softball fields, soccer fields, basketball and volleyball courts, playgrounds, and picnic areas. The University of Montana is also just a short drive away. Major capital improvements include a new roof (2026), new boiler (2017), and new water heater (2017), helping reduce near-term maintenance costs and providing added value for investors.

Additional Information

Days on Market
3
Year Built
1971
Style
Split Level
Heating
Gas, Hot Water
Roof
Asphalt

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Rick Meisinger | rick@rickmeisinger.com from Listing Office: ERA Lambros Real Estate Missoula.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.