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5-Unit Apartment Building
For Sale
$1,395,000

401 S Grand, Bozeman, MT 59715

ResidentialIncome, Bozeman, MT

Property SizeContact for details
Lot Size0.29 Acres
Days on Market306

Property Features for 401 S Grand

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R4
Parking features On Street, Garage
Appliances Dryer, Washer
Subdivision Fairview Addition
Directions Corner of S Grand and W Koch
Standard status Active
APN RGH4351
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FAIRVIEW ADD, S07, T02 S, R06 E, BLOCK 3, LOT 1 - 3, ACRES 0.289, PLAT C-3
Tax Annual Amount 9026
Legal Description FAIRVIEW ADD, S07, T02 S, R06 E, BLOCK 3, LOT 1 - 3, ACRES 0.289, PLAT C-3

Utilities

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

Building Details

Year built 1900
Floors in Building 2
Number of units 5
Listing Agency: Berkshire Hathaway - Bozeman · Berkshire Hathaway HomeServices
Listed By: Mike Basile · License #BRO-220
Added: Oct 29, 2025 Changed: Aug 28 Last Checked: Aug 30 at 6:06PM
MLS# 406624

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 5-unit apartment property occupies 0.289 acres in Bozeman's downtown area and includes six detached garages. The improvements date to 1900 and feature new siding and gutters, providing a recently updated exterior component. On-site parking is supplemented by street parking, while electric baseboard heating serves the buildings. Public water and public sewer are available.

The property is positioned among tree-lined streets and historic homes within the downtown area. Its residential configuration, garage inventory, and established neighborhood setting define the offering. Washer and dryer appliances are included, adding to the existing property improvements.

Key Highlights

  • 5‑unit apartment property on 0.289 acres
  • Six detached garages included
  • New siding and gutters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Locksmith Home Appliance Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,163
Businesses Nearby

Demographics for 59715, MT

37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - The property includes detached garages, updated siding and gutters, and public water and sewer.
Where is this apartment building located?
The property is located at 401 S Grand Bozeman, MT.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 5‑unit apartment property on 0.289 acres; Six detached garages included; New siding and gutters
More about this property
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