319 E Spruce Street, Missoula, MT 59802

$775,000

Bathrooms:
Number of Units:
Type: Multi-Unit Residential
Request Information
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.
Property Features
Location Information
County: Missoula
Latitude: 46.87261
Longitude: -113.988882
Directions: Downtown Missoula - A block West of Black Coffee Roasting Company.
Interior Features
Heating: Gas, Hot Water
Basement Description: Full, Unfinished, Walk-Up Access
Has Basement: Yes
Exterior Features
Levels: Two
Foundation: Poured, Stone, Basement
Septic or Sewer: Public Sewer
Parking Description: On Street
Garage Spaces: 0
Lot Features: Front Yard, Sprinklers In Ground, Level
Topography: Level
Lot Size in Acres: 0.103
Lot Size in Sq. Ft.: 4,487
Zoning: 1
Building Total Area (Sq. Ft.): 3,702
View Description: Downtown, Residential
Additional Information
Property Type: RI
Property SubType: Apartment
Year Built: 1910
Status: Active
Tax Year: 2025
Tax Amount: $5,767


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Seller's Representative: Leland Earls, Joy Earls Real Estate

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Montana Regional data last updated at October 26, 2026, 10:30 PM MT