Bozeman MT Multi-Family Real Estate, Homes for Sale

One of the most compelling downtown Bozeman offerings to come to market in years, 617 N Rouse Avenue presents rare flexibility in a beloved and highly accessible location. Set on a generous .24-acre lot with excellent parking opportunities, this duplex offers strong rental appeal, house-hacking potential, and room to explore future expansion possibilities, because apparently one good investment angle was not enough. Comprised of two separate units, upper and lower, each residence features 2 bedrooms, 1 bathroom, a living room, kitchen, laundry area, and private access on opposite sides of the building. One unit is currently leased, while the other is vacant, creating immediate flexibility for an owner-occupant, investor, or buyer seeking a downtown foothold. Enjoy easy access to Main Street, Fink’s, parks, restaurants, and the everyday energy of downtown Bozeman. Purchase this duplex on its own, or create a larger investment package by including the three units next door at 621 N Rouse Avenue. Opportunities like this are increasingly difficult to find in the core of Bozeman.

617 N Rouse Avenue, Bozeman

$1,250,000

414144 MLS

One of downtown Bozeman’s most flexible multi-unit offerings, 621 N Rouse Avenue delivers the kind of investment optionality buyers usually claim they want, then somehow overthink into oblivion. This separate .24-acre parcel features three units, excellent parking, private entrances, and a strong rental foundation in one of Bozeman’s most recognizable downtown corridors. The property includes a primary 3-bedroom, 2-bath residence, with the potential to add an additional bedroom and create a 4-bedroom home, along with two single-level 1-bedroom, 1-bath units. A buyer could house hack by living in the larger residence while renting the smaller units, occupy one of the single-level units while leasing the main home, or hold all three as income-producing rentals. With city services, laundry areas, covered outdoor spaces, and easy access to Main Street, Fink’s, parks, trails, restaurants, and downtown amenities, the opportunities here are wide open. Purchase 621 N Rouse on its own, or pair it with neighboring 617 N Rouse for a larger five-unit downtown investment package.

621 N Rouse Avenue, Bozeman

$2,025,000

414146 MLS

Rarely does a property this substantial become available in such a strategic Bozeman location. Offered together, 621 & 617 N Rouse Avenue consist of two separate parcels (6 lots) totaling approximately 0.48 acres with five existing rental units, creating a compelling opportunity for income, land position, and future potential. Set just outside the Cannery District with easy access to Main Street, local restaurants, coffee shops, farmers markets, parks, Bridger Bowl, and Bozeman’s northeast corridor, this property sits in an area that continues to evolve while still offering the character and convenience that make central Bozeman so desirable. The existing improvements provide immediate rental income potential, while the combined parcels create a broader canvas for an investor, developer, or long-term owner with vision. The property includes a mix of unit configurations, city sewer and water, paved road access, tree views, and RA zoning. Whether the next owner chooses to hold the property as a multi-unit investment, improve the existing structures, or explore the future potential of reshaping this corner of Bozeman, the offering is both practical and forward-looking. Opportunities with this combination of location, parcel size, existing income potential, and future flexibility are increasingly rare. Buyer and Buyer’s Agent to verify all information, including square footage, zoning, permitted uses, rental income, redevelopment options, and city requirements. (UNITS ARE OCCUPIED)

621 & 617 N Rouse Avenue, Bozeman

$619,900

413992 MLS

Welcome to 370 Lower Rainbow Road. This home is situation on 1.74 acres, and features 3 bedrooms and two full baths. The home has been updated, and offers incoming producing possibilities as well. With seasonal water running through the property, this is truly a special place to call home. All located within a short distance to Bozeman, Belgrade and Yellowstone International Airport. Don't miss your opportunity to make this home yours, call today.

370 Lower Rainbow Road, Bozeman

$995,000

413937 MLS

Excellent Bozeman fourplex investment opportunity with major exterior improvements planned! Each of the four units features 2 bedrooms, 1 bathroom, a nice-sized kitchen, ample living space, and convenient washer/dryer hookups. The property also offers valuable off-street parking and a desirable Bozeman location close to shopping, schools, and other amenities. Adding to the investment appeal, a new roof, new siding and additional exterior improvements are scheduled, with completion anticipated by the end of August. These planned improvements offer an exciting opportunity to acquire a well-located multifamily property with meaningful exterior updates on the horizon. A strong opportunity for an investor looking to add a Bozeman income property to their portfolio.

1720 W Olive Street, Bozeman

$865,000

413809 MLS

Located in Bozeman's desirable Midtown District, 414 N 6th Avenue offers a rare opportunity to own a versatile property centrally located in the heart of Bozeman. Featuring two separate living units, this home is ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage by living in one unit while renting the other. Each living unit features a full kitchen, living area, three bedrooms and a full bathroom. A shared laundry area in the basement provides convenient access for both units. An attached single car garage as well as a 420SF detached shop with power and gas heat provides ample storage or endless opportunities for future owners. With two separate entries and a fenced in back yard, this property has everything you need to move in today or rent it out!

414 N 6th Avenue, Bozeman

$725,000

413307 MLS

Exceptional investment opportunity in the heart of Bozeman! This well-located duplex at 521/523 N 21st Avenue offers the ideal combination of strong rental potential, desirable location, and long-term appreciation in one of Montana's most sought-after real estate markets. Situated just minutes from Montana State University, Downtown Bozeman, shopping, restaurants, schools, parks, and major employers, this income-producing property is perfectly positioned to attract quality tenants year-round. The duplex features two separate units, making it an excellent opportunity for investors seeking immediate cash flow, a house-hacking opportunity, or the flexibility to live in one unit while generating rental income from the other. Built in 1978, the property sits on a generous corner lot in the established West Park Manor neighborhood and is zoned for two-household residential use. The property's location near Durston Road and North 19th Avenue provides convenient access to everything Bozeman has to offer while maintaining the charm of a residential neighborhood. Whether you're expanding your investment portfolio, completing a 1031 exchange, or purchasing your first income property, this duplex offers the versatility today's buyers are looking for. With Bozeman's continued population growth, strong rental demand, and historically limited housing inventory, multifamily properties remain highly desirable assets.

521 N 21st Ave, Bozeman

$779,000

413534 MLS

This is a well maintained 3 bedroom home upstairs and a 2 bedroom unit below. The upstairs unit features a large (with high ceilings) 2 car attached garage, open floor plan, front porch, and side deck. The backyard is partially fenced for dogs, offers off street parking off the alley and private entrance to the lower unit. There is a wood fireplace and hardwood flooring on the main level living room. The upstairs unit has a tremendous view across the Bozeman High School soccer fields. The lower 2 bed unit was remodeled and has been well maintained. Laundry areas in both units. This property has been very well maintained with pride of ownership throughout. Located walking distance to downtown and close to Montana State University. This property needs to be seen to be appreciated.

422 N 11th Avenue, Bozeman

$2,995,000

413484 MLS

Unrivaled freedom meets classic Montana charm on just over 8 peaceful acres with sweeping big-sky views. This one-of-a-kind community features eight standalone cottages set among mature trees, open space, and established shelter belts, with no zoning and minimal covenants. A standout feature of this property is its exceptional infrastructure: 4 wells with water rights through the DNRC, delivering excellent water quality and pressure, along with multiple septic systems that are up to code and fully compliant with DEQ standards. This kind of established, compliant infrastructure is difficult to find and adds tremendous value and flexibility, whatever direction you choose. Use it as a private family retreat, a corporate getaway for employees and clients to recharge, or an income-producing rental property, or all three. Build, expand, or operate with total autonomy, all just 15 minutes from Downtown Bozeman. The location also puts you close to some of Montana's best outdoor recreation: about 30 miles to Bridger Bowl, 60 miles to Big Sky Resort, Blue Ribbon trout fishing nearby, and a 90-mile drive to West Yellowstone or Gardiner for access to Yellowstone. Land, infrastructure, and proximity to town like this are rare to find together. CURRENT RENTS ARE NOT PUBLISHED... CALL LISTING AGENT FOR FURTHER INFORMATION ON CURRENT RENTS.

50 Tylers Trail, Bozeman

$750,000

413363 MLS

Opportunity awaits with this centrally located duplex in the heart of Bozeman! Situated just minutes from Montana State University, downtown, parks, shopping, restaurants, and trail systems, this versatile property offers an excellent opportunity for investors or owner-occupants. The spacious upper unit features two bedrooms plus a large bonus room, two bathrooms, private laundry, a generous living area, and access to a large deck overlooking the mature backyard. The lower unit offers two bedrooms, one bathroom, a full kitchen, and living area, making it ideal for rental income, multigenerational living, or guests. The 2 units can share the lower level laundry or the upper unit has a room ready for the washer and dryer. The oversized garage has plenty of built in storage and outside there is a spot for the toys. Mature trees provide shade and privacy, while the oversized lot offers ample outdoor space. With off-street parking, an attached garage, and a highly desirable central location with convenient access to MSU, 19th Avenue, and downtown Bozeman, this property is a rare opportunity to own a flexible income-producing property in one of Bozeman's most sought-after neighborhoods.

111 S 20th, Bozeman

$954,000

413426 MLS

Enjoy the best of central Bozeman living at 439 N. 10th Avenue, ideally located on a quiet, low-traffic street just blocks from Midtown, Downtown, Bozeman High School, Montana State University, neighborhood parks, restaurants, and shopping. Thoughtfully updated and meticulously maintained, this unique property pairs a beautifully renovated main home with a detached guest cottage/accessory dwelling unit (ADU), offering exceptional flexibility for a variety of lifestyles. The 4-bedroom, 2-bath main home features beautifully refinished oak hardwood floors, a remodeled kitchen with custom cabinetry, butcher block countertops, black-and-white marble tile, newer appliances, and a finished lower level with a spacious family room, wood-burning fireplace, full bath, generous laundry and storage room, and an additional bedroom with a full-size egress window. The detached, alley-accessed ADU offers nearly 450± square feet with a kitchenette, 3/4 bath, walk-in closet, washer and dryer, on-demand hot water, free-standing gas stove, and mini-split heating and cooling. Whether used for guests, multigenerational living, a private home office, or as a property with a proven rental history, it provides flexibility that is increasingly difficult to find in central Bozeman (buyers to verify permitted uses). Outside, enjoy a backyard designed for relaxing and entertaining with a spacious patio, café string lights, raised garden beds, established landscaping, and a heated garage. Rare alley access provides abundant off-street parking for multiple vehicles, trailers, and all your Montana gear. Combining an unbeatable in-town location, thoughtful updates, flexible living spaces, and a detached guest cottage with proven rental history, 439 N. 10th Avenue is a rare opportunity to own a property that adapts to the way you live today while offering possibilities for tomorrow.

439 N 10th Avenue, Bozeman

$1,180,000

412888 MLS

INVESTORS, ENTREPRENEURS or MSU PARENTS looking for student housing with income? CENTRALLY LOCATED BOZEMAN DUPLEX WITH MAIN FLOOR PRIMARY SUITE ON EACH SIDE AND NO HOA DUES! Live in one side and rent out the other. Could be subdivided and turned into two condos. Spacious duplex with separately fenced back yards, underground sprinklers and double car garages. Both 4038 and 4042 Carbon Street units features soaring ceilings, loads of natural light with two sets of sliding glass doors leading to the back yard. A welcoming kitchen with pass through window/bar seating opens to the dining area. Both units offer a very generous sized main floor primary suite including large walk in closet and ample bathroom with dual sinks. 4038 Carbon is pretty much the mirrow image but features a walk in shower rather than a tub/shower in the primary suite. Each unit features two additional bedrooms upstairs with a full bath. Roomy backyard allows for even more outdoor living space with patio areas for lawn furniture and barbeque grill. Easy proximity to MSU, downtown and airport. Could be subdivided into two separate condos. Sellers will consider selling 4038 Carbon fully furnished by separate Bill of Sale. Call for your appointment today!

4038 Carbon Street 4042 Carbon Street, Bozeman

$1,650,000

404275 MLS

Own a unique piece of Bozeman history. This church and rectory conversion is in close proximity to downtown, and easy access from it

539 N Rouse Avenue 316 E Peach, Bozeman

$1,050,000

412415 MLS

Tucked away on a quiet, tree-lined residential street just blocks from the MSU campus, this versatile triplex is an opportunity for investors or buyers looking to house-hack. Live in one unit and let the other two pay your mortgage, or rent all three for a stellar addition to your portfolio. The Main Unit: Spacious 3-bedroom, 2.5-bathroom layout with a functional kitchen and living area an an AC unit—perfect for an owner-occupant or premium rental. Basement Unit: Cozy 2-bedroom, 1-bathroom setup featuring brand-new carpet, a full kitchen, and a private living area. Back Unit: Convenient 2-bedroom, 1-bathroom unit complete with its own kitchen, living room, dedicated laundry room, and oversized patio. With three separate addresses, mature landscaping, and an unbeatable location that ensures low vacancy rates, this property is a proven workhorse. Bring your ideas and capitalize on a rare multi-family find in a highly desirable college-town market!

818 S 7th Avenue, Bozeman

$1,100,000

411786 MLS

Centrally located in the City of Bozeman, this fully occupied four-unit multifamily property offers a proven history of strong rental performance and stable cash flow. The property consists of two 2-bedroom/1-bath units, one 2-bedroom/2-bath unit, and one 1-bedroom/1-bath unit, providing a desirable mix of unit types for tenants. Well maintained with no known deferred maintenance, the property features updated carpet and appliances throughout, reflecting pride of ownership. Located on the second floor above ground-floor commercial space, the property is condominiumized, with all four apartments comprising Unit 4 of the condominium association. Each apartment is separately metered, served by city water and sewer, and features natural gas forced-air heating, air conditioning, and private in-unit laundry. Designed for low-maintenance ownership, the building offers cement board siding, a metal roof, underground irrigation, and professional property management. The Owner’s Association covers lawn care, snow removal, garbage service, and other common area expenses, providing additional convenience and peace of mind for ownership. Conveniently situated near Montana State University, shopping, restaurants, public transportation, and other amenities, this investment presents an attractive opportunity to acquire a stabilized multifamily asset in one of Bozeman's most desirable and established neighborhoods.

607 Professional Drive Unit 4, Bozeman

$2,995,000

411787 MLS

Rare downtown Bozeman opportunity! Offered together, 103 & 109 S 8th Avenue feature two adjacent buildings on two separate lots just one block from Main Street. Properties with this combination of location, flexibility, and future potential are increasingly difficult to find. The existing improvements offer immediate income potential and a variety of residential, office, or mixed-use possibilities, while the true value lies in controlling two contiguous downtown parcels. Maintain the current use, reposition over time, or explore future redevelopment opportunities in one of Bozeman's most sought-after locations. Just steps from Main Street's restaurants, shops, and amenities, this is a unique opportunity to secure a significant downtown footprint in the heart of Bozeman.

103 & 109 S 8th Avenue, Bozeman

$899,900

411684 MLS

Step into your next chapter with this exceptional property just a few blocks from the MSU campus—an unbeatable opportunity for savvy investors or future owners ready to make Bozeman home. From the moment you enter, you’ll appreciate the meticulous care and thoughtful renovations completed in the past five years. The sun-filled main level welcomes you with an open, airy ambiance, two spacious bedrooms, a versatile den or office, a modern kitchen, and a full bath and a laundry room/mud room. Retreat to your luxurious primary suite, featuring a generous walk-in closet, a private deck, and a newly renovated spa-inspired bathroom—your personal sanctuary. Downstairs, discover two additional bedrooms, a large living area, full bath, second kitchen, mudroom, and private laundry—perfect for guests or rental income. Flexibility abounds: restore to a single-family residence or maintain as a separately metered duplex, each with its own private entrance. Outside, enjoy the peace of a fenced yard with lush landscaping, underground sprinklers, and an attached two-car garage. Live steps from campus, downtown Bozeman, and all the recreation and conveniences this vibrant community has to offer. Don’t let this rare opportunity slip away—make it yours today!

619 W Harrison Street, Bozeman

$925,000

411242 MLS

A rare offering in Bozeman's coveted Bon Ton Historic District — built in 1902 and thoughtfully converted into five income-producing apartments on one of the most walkable blocks south of Main Street. Tree-lined streets, historic mansions, and the city's most architecturally distinguished residential corridor define the address. Downtown Bozeman, Montana State University, Cooper Park and various trail systems are all within an easy stroll or short bike ride. Set on an 8,400+ square foot lot in the heart of the historic core, the property delivers what the Bozeman market almost never offers in one package: an irreplaceable in-town location, a stabilized rent roll, and a meaningful redevelopment path. The five-unit configuration produces consistent income with rents currently positioned below market — a built-in lever for the next owner to realize immediate upside through routine turnover and modernization, without speculative assumptions. Beyond the in-place cash flow, the long-term value sits in the land. Bozeman's historic neighborhoods near downtown have become the city's most contested and sought-after development ground, and the Bon Ton has been repeatedly cited by city planners as a model of the "missing middle" density Bozeman is actively encouraging. The lot's location, dimensions, and existing multi-unit use position the property as one of the rare in-fill opportunities in Bozeman's most desirable submarket — a hold-for-yield asset today, with optionality for the next owner to reimagine the site. Opportunities like this on one of the most prestigious blocks in Bozeman don't come around that often.

409 S Grand Avenue, Bozeman

$1,095,000

410291 MLS

Prime location meets timeless charm in this beautifully maintained Mid-Century cottage-style triplex. Thoughtfully updated throughout, this unique property offers three separate living spaces with excellent flexibility for investors or owner-occupants alike. Unit #1 on the main level features hardwood floors, fresh paint, 2 bedrooms, 1 full bath, a spacious living room with fireplace, dining area, full kitchen, and direct access to the backyard. Upstairs, Unit #2 offers new flooring and paint, 2 bedrooms, 1 bath, a full kitchen, dining area, and a bright, inviting living room filled with natural light. Unit #3 on the lower level includes updated flooring and paint, 2 bedrooms, 1 bath, a full kitchen, dining area, generous living room, and backyard access. Shared laundry is conveniently located on the lower level, and a new furnace and duct system were installed in February 2025. Ideally situated just minutes from Downtown Bozeman’s Main Street, one block from Southside Park, two blocks from Cooper Park, and only blocks from the MSU campus, this property offers an unbeatable combination of location, character, and versatility. Whether you're seeking a strong income-producing investment or the opportunity to live in one unit while renting the others, this charming triplex is a rare find. Schedule your showing today!

706 S 6th Avenue, Bozeman

$879,000

410911 MLS

Exceptional Southside investment opportunity in one of Bozeman’s most sought-after rental locations. Conveniently located just blocks from Montana State University and downtown, with close proximity to Cooper Park, Southside Park, and a variety of shopping and dining options, this property offers easy access to the amenities tenants value most. Designed with flexibility in mind, the home functions similarly to a multi-unit property, featuring multiple sleeping areas and several bathrooms across distinct living spaces. Two kitchens and separate living areas provide a versatile layout suited for shared housing, long-term rentals, or multi-generational living. A detached two-car garage adds valuable off-street parking and storage—an increasingly desirable feature in this central location. With its adaptable floor plan, strong rental appeal, and prime location near campus and downtown, this property presents an excellent opportunity for investors seeking income potential and long-term upside.

414 S 12th, Bozeman

$1,095,000

410459 MLS

This Southside property offers a rare opportunity for investors seeking strong income potential in one of Bozeman’s most desirable and high-demand rental areas. Located just blocks from Montana State University, downtown, and near Cooper Park and Southside Park, the location consistently attracts tenants looking for convenience and access to local amenities. Designed with flexibility in mind, the property lives like a multi-unit setup, offering six bedrooms and four-plus bathrooms across distinct living areas. With two kitchens, two living rooms, and two laundry areas, the layout supports a variety of rental configuration, it is ideal for maximizing income, student housing, or multi-generational living. A standout feature is the conversion of the original garage into a spacious primary suite complete with a private bathroom, adding both functionality and rental appeal. The detached two-car garage provides valuable parking and storage, an increasingly sought-after amenity in this central location. With its high bedroom count, multiple living spaces, and unbeatable proximity to Montana State University and downtown Bozeman, this property is well-positioned as a turnkey investment or income-producing asset with strong upside potential.

517 S 13th Avenue, Bozeman

$898,000

409235 MLS

A rare opportunity to own a thoughtfully designed custom duplex in Northeast Bozeman, ideally located just minutes from Main Street and a block from Centennial Park. This architecturally distinctive property offers a seamless blend of modern design, functionality, and prime location—an exceptional combination that is increasingly hard to find. Each unit has been carefully curated with a contemporary open-concept floor plan, featuring an integrated living and dining space that maximizes both comfort and efficiency. With one bedroom and one bathroom per unit, the layout is perfectly suited for full-time living, rental income, or a lock-and-leave lifestyle. The interiors are elevated by in-floor radiant heat in both the kitchens and bathrooms, creating a warm and inviting environment—especially appreciated during Montana’s colder months. The exterior showcases a unique and refined aesthetic, combining reclaimed wood siding with corrugated metal wainscoting and custom cold-rolled steel awnings. This blend of materials not only enhances durability but also delivers a distinctive architectural presence that sets the property apart. A spacious shared backyard provides ample room to relax, entertain, or enjoy Bozeman’s beautiful summer evenings, offering a sense of privacy and connection to the outdoors. With immediate access to downtown Bozeman, nearby trails, and the gateway to Bridger Canyon just minutes away, this location supports both convenience and recreation. Whether you’re seeking an investment opportunity, a primary residence with income potential, or a flexible living arrangement, this one-of-a-kind property delivers versatility and long-term value.

17/19 E Aspen Street, Bozeman

$2,230,000

409672 MLS

Prime location, strong income potential, and a clean, modern design, this three story triplex just off 19th checks all the boxes. Fully furnished and thoughtfully styled, each unit is turnkey and ready to perform from day one. Just minutes from Montana State University, downtown Bozeman, Bozeman Health, and endless outdoor recreation, the location supports consistent demand for both long and short term rentals. Each level functions as its own private residence, offering three bedrooms, two full bathrooms, a well appointed kitchen with granite countertops and stainless steel appliances, comfortable living space, and in unit laundry, with large windows bringing in abundant natural light. Two of the three units are currently operating as short term rentals, while the ground floor unit is leased long term, creating a strong balance of income and flexibility. The property has been successfully run as a short term rental since 2022, after previously operating as long term rentals, with financials available upon execution of an NDA. Whether you are looking to expand your investment portfolio or live in one unit while the others offset your costs, this is a rare and versatile opportunity in Bozeman.

303 S 19th Avenue, Bozeman

$1,499,000

409407 MLS

Prime Bozeman fourplex investment opportunity in a highly desirable central location. This well-maintained property features two 3-bedroom, 1.5-bath units and two 2-bedroom, 1-bath units, each with a one-car garage and private patios that back to mature landscaping, green space, and a seasonal creek. Recent improvements include new siding, updated flooring, and in-unit washers and dryers. All four units are currently leased. Ideally situated adjacent to a single-family residential neighborhood and near Emily Dickinson Elementary, the property is also close to parks and conveniently located near the Oak Street and 19th Avenue commercial corridor. Professionally managed with consistent maintenance for over two decades, this property represents a rare turn-key multifamily opportunity in the Bozeman market.

2401 Daws Drive Unit A,B,C,D, Bozeman

$819,000

408418 MLS

We are pleased to present this excellent investment property located just blocks from Main Street and Bozeman High School. The upper unit features three bedrooms, 1.5 baths, hardwood floors, a large galley kitchen, dining area and a bright, spacious living room. The lower level includes three bedrooms, one full bath, a dedicated laundry room, and an open living, dining, and kitchen area and egress windows. Both units share the garage for storage. Situated on nearly a quarter-acre lot, the property offers alley access and a spacious back patio for tenant use.

316 N 10th Avenue, Bozeman

$2,495,000

408321 MLS

Opportunity knocks - This unique and high performing triplex offers a trifecta of built-in value: a historic footprint, a proven income stream for over 25 years and a coveted location in the heart of historic Bozeman. Fully rented and priced to sell at a 6.5% cap rate, the property consists of three intentionally built units - not a divided up house. First time on market in over 25 years! Situated just blocks from Main Street shopping, dining and amenities and minutes to Montana State University, this property is the perfect blend of location and lucrative investment potential. The front unit is a charming Queen Anne style two story home – known as the Susan Kirk Residence. Featuring up to 5 beds: 4 conventional beds plus a walk-through flex/office and two baths. The main floor features spacious living areas, kitchen and bath. The home has been well maintained and includes a side driveway for parking, enclosed front and rear entryways and retains its historic charm with colorful paint and gingerbread elements including scalloped shingles and a variety of exterior siding textures. An attached duplex features Piping Plovers from the Craigshead Institute’s Murals of threatened and Endangered Species Project. The duplex consists of two side by side units, each with 5 bedrooms and 2.5 bathrooms, featuring spacious living and kitchen areas and additional flex space. An expandable rooftop solar array is connected to the north duplex unit and features EV charging. Concrete parking area features parking for 4 vehicles. A 2-car detached garage is currently used by the owners includes space for a shop/storage. There are several communal bike storage areas on the property including a covered pavilion. Yard spaces have been improved with thoughtful native landscaping and raised garden planters for the occupants to enjoy. Mature trees and shrubs allow for privacy and shade in summer. Many possibilities exist to make the property your own (maintain/condex/development). This is a wonderfully convenient southside Bozeman location – only minutes to Montana State University, hospital, shopping, breweries, music venues, grocery stores, restaurants, services and amenities. Only 25 minutes to Bridger Bowl, 30 minutes to blue ribbon fly-fishing and river recreation, and 1 hour to Big Sky. Please don’t disturb the tenants – shown by advanced appointment only. Don’t miss the VR Matterport Tour.

419 S 3rd Avenue 301 W Story St Units N & S, Bozeman

$1,395,000

406624 MLS

A fantastic opportunity to own a 5 unit investment property in one of Bozeman’s most desirable downtown neighborhoods. With six detached garages and strong rental history, this property delivers consistent income potential. Brand new siding and gutters. Situated among tree-lined streets and historic homes, this is a standout opportunity for the discerning investor seeking a piece of Bozeman’s vibrant and enduring core.

401 S Grand, Bozeman

$1,999,999

401726 MLS

Rare Investment Opportunity – Three Turnkey Income-Producing Units at Aspen Crossing Don’t miss this singular chance to own three established, income-generating units in Aspen Crossing, one of Bozeman’s most consistently performing rental locations. Unit 301: South-facing corner unit filled with natural light, 2 bedrooms, 1 bathroom. Unit 319: Also south-facing with stunning Gallatin Range views, 2 bedrooms, 1 bathroom. Unit 316: North-facing loft unit featuring sweeping Bridger Range views, with 1 bedroom and 1 bathroom in the loft, plus 1 bedroom and 1 bathroom on the main level. All three units are fully furnished and professionally outfitted, with existing reservations available for seamless transition. Aspen Crossing is a high-occupancy building, beloved by guests for its vibrant atmosphere and easy access to top local spots like Ponderosa Social Club, Bourbon BBQ, and Range & Co. These units are recognized as Guest Favorites on Airbnb, a badge awarded to top-tier, consistently well-managed properties. Demand is especially strong among mid-term rental guests, ensuring stable returns. Schedule your private showing today—this is a rare, ready-made investment in one of Bozeman’s hottest rental markets.

515 W Aspen Street, Bozeman

$3,850,000

401664 MLS

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city or pivot to your preferred plan with a jump start. Another great positive of this project is the improvement of Thomas Dr that is being converted to N 27th offering great access and visibility for this property. The construction of this road is underway with completion expected later in the summer of 2026 at the expense of the City of Bozeman. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers.

1109 & 1143 Thomas Drive, Bozeman

$3,875,000

400997 MLS

Dream Home with Breathtaking Views & Designer Touches. Welcome to your mountain-modern retreat! This stunning, fully remodeled home blends rustic charm with elegant finishes in every corner. Step inside to discover a spacious open floor plan flooded with natural light from walls of windows. The heart of the home is a chef’s kitchen designed to impress—with top-of-the-line appliances, custom cabinetry, a generous island, & plenty of built-in storage for a clean, effortless look. Whether you're entertaining guests or enjoying a cozy night in, the south facing wall of windows will grace you with a stunning view of the Spanish Peaks making this space perfect for every occasion. Rustic wood beams, high-end finishes, & thoughtful details throughout create a warm inviting ambiance. The oversized fireplace with stone hearth in the living room beckons for you to sit & warm yourself while enjoying a cocktail made at the wet bar. Additional interior features include a true office, all ensuite bedrooms, basement theatre room & gym space. Multiple decks & outdoor living spaces, complete with hot tub, offer the ideal spots to take in the sunrise, host gatherings, or simply relax & enjoy the views. The yard is surrounded by hedges for privacy, a mature lawn, with towering pines that create an alpine feel. The sprinkler system was installed last fall to allow for any further landscaping you could dream up. The guest home is the charming original ranch home that was recently moved to a new foundation, provided with it’s own well (100 GPM) & septic. The 2 bed, 2 bath home with attached garage could provide a place for additional family, a caretaker, or produce income as a rental. Set on 20 pristine acres, already divided into (2) 10 acre parcels, this property has been meticulously maintained as horse pasture—sprayed annually & carefully under-grazed to preserve its health & productivity. It's ready for your livestock, with a versatile barn already designed with horse stalls in the back & a workshop up front. Whether you’re an equestrian, hobby farmer, or just seeking wide-open space, the possibilities here are endless. With no covenants, no HOA, & no subdivision restrictions, you're free to build, expand, or reimagine the property entirely to suit your vision. This home is a rare find—move-in ready, beautifully finished & designed for comfort & style, all within 10 minutes of downtown Bozeman. Don’t miss your chance to own a one-of-a-kind property that truly has it all!

745/749 Rocky Road, Bozeman

$749,999

396523 MLS

Future R-B zoning! 8 units and 3 story construction could be possible in the future with changes proposed by the city. Current rental income is $3,400 a month. Two 1250 square feet units with threes bedrooms and one bath each, rented in year leases through mid 2026. 5 year contract for deed with interest only financing is possible with sufficient down payment.

318 & 320 N 19th, Bozeman

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