Lease
319 E Spruce Street
Missoula, MT 59802
$775,000
ActiveMLS® 30075977
Seller will finance – 25% Down, 5.5% interest, 30 year fixed, 10 year balloon! Profitable and well-maintained six-unit apartment building in the heart of Downtown Missoula! Just one block from Black Coffee Roasting Co. and only a three-minute walk to the center of downtown, this property offers tenants the walkable lifestyle that keeps rental demand strong. Residents enjoy easy access to restaurants, breweries, shopping, the Clark Fork River Trail, and the University of Montana - all without needing a car. The property has been thoughtfully maintained with recent improvements including a new roof, blown-in attic insulation, and fresh exterior paint. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity to own a low-maintenance, income-producing asset in one of Missoula's most desirable rental locations.
Interior
- Basement Full, Unfinished, Walk-Up Access
- Heating Gas, Hot Water
Exterior and Construction
- Roofing Asphalt
- Construction Two, Poured, Stone, Basement
Utilities
- Sewer Public Sewer
Land and Lot
- Lot size 0.103 acres (4,487 sq ft)
- Topography Level
- View City, Residential
- Lot description Front Yard, Sprinklers In Ground, Level
Location and Zoning
- County Missoula
- Neighborhood Heart Of Missoula
Schools
- School District Missoula High School District
Tax and Legal
- Annual tax $5,767
- Tax year 2025
- Parcel number 04220022241050000
- Legal description The Northerly 88 feet of Lot 1 and the Northerly 88 feet of the Easterly 21 feet of Lot 2 in Block K, C.P. Higgins Addition, a platted subdivision in the City of Missoula, Montana, according to the official recorded plat thereof.
Parking and Garage
- Garage On Street
Listing Information
- Listing Agent
- Leland Earls
- Listing Office
- Joy Earls Real Estate
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