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    401 S Grand Ave Bozeman, MT 59715

    For Sale
    $1,850,000

    MULTI_FAMILY - Bozeman, MT

    Lot size:
    0.29 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 401 S Grand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    RGH4351
    Parking features
    On Street, Garage
    Appliances
    Dryer, Washer
    Lot size
    0.29 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    5

    Berkshire Hathaway HomeServices Montana Properties (406) 556-2221 [email protected]

    Listing agent Mike Basile (406) 586-7676 License #BRO-220

    Listing date Oct 29, 2025

    MLS# 406624 Listing URL

    Copyright © 2025 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.

    Overview

    Bozeman Multifamily Investment Opportunity

    This is a five-unit investment property located in a desirable downtown Bozeman neighborhood. The property includes six detached garages and has a strong rental history, offering consistent income potential. Recent improvements include new siding and gutters. The property is situated among tree-lined streets and historic homes. The lot size is 0.289 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.040565
    Latitude
    45.675126

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in desirable downtown Bozeman neighborhood with garages.
    Where is this apartment building located?
    The property is located at 401 S Grand Ave Bozeman, MT.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - 5-unit investment property in a desirable downtown Bozeman neighborhood.; - Strong rental history indicating consistent income potential.; - Six detached garages providing tenant amenities and potential for additional income.
    (406) 586-7676
    Request Owner's contact information
    401 S Grand Ave Bozeman, MT 59715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 S Grand Ave Bozeman, MT 59715
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