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12-Unit Apartment Building
For Sale
$3,700,000

2232 Baxter Lane Units 1-12, Bozeman, MT 59718

MULTI_FAMILY - Bozeman, MT

Property SizeContact for details
Days on Market220

Property Features for 2232 Baxter Lane Units 1-12

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R4
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision Baxter Condos
View Mountains
Directions N on 19th, right on Baxter. Property on Left
Standard status Active
APN RGG65560

Taxes and HOA fees

Tax Year 2025
Tax Description BSC CONDO, S02, T02 S, R05 E, BUILDING I, UNIT 1-12
Tax Annual Amount 21600
Legal Description BSC CONDO, S02, T02 S, R05 E, BUILDING I, UNIT 1-12

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Varies by Unit
Water source Public

Amenities

in-unit laundry

Building Details

Year built 2013
Number of units 12
Flooring type Carpet
Building materials Hardboard, LapSiding
Roof type Asphalt, Shingle
Listing Agency: Realty Executives · Realty Executives International
Listed By: Jason Zalac · License #BRO-14799
Added: Dec 26, 2025 Changed: Aug 1 Last Checked: Aug 3 at 10:06PM
MLS# 407686

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2013-built 12-unit apartment building is comprised of fully leased units. Each unit offers 970 square feet with two bedrooms and two bathrooms, plus its own laundry. The property also includes fire suppression and a one-car garage for each unit. Appliances listed include a dishwasher, disposal, microwave, range, and refrigerator. Heating is provided via baseboard and electric (heating), and cooling varies by unit.

The building is described as near schools, restaurants, and shopping, and it is located just off the 19th corridor. Water is served by public water, and sewer is served by public sewer.

Construction materials include hardboard LapSiding, with carpet flooring. Roofing is asphalt shingle. The property and HOA are described as professionally managed.

Key Highlights

  • 12 fully leased units
  • Each unit offers 970 SF, 2 bedrooms, and 2 bathrooms
  • In‑unit laundry for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store HVAC Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 59718, MT

43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 2013-built 12-unit apartment building with in-unit laundry, fire suppression, and a one-car garage per unit.
Where is this apartment building located?
The property is located at 2232 Baxter Lane Units 1-12 Bozeman, MT.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 12 fully leased units; Each unit offers 970 SF, 2 bedrooms, and 2 bathrooms; In‑unit laundry for each unit
More about this property
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