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    516 W Olive St Bozeman, MT 59715

    For Sale
    $1,695,000

    MULTI_FAMILY - Bozeman, MT

    Days on Market:
    38
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 516 W Olive St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    RGG2850
    Parking features
    On Street

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1905
    Floors in Building
    2
    Number of units
    6

    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# 406659 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 beautifully maintained property, rich in character, features timeless craftsmanship and thoughtful updates. The building showcases a classic Dutch Colonial-style roofline and a charming front entry. The property contains six 1 or 2 bedroom units. Three rental garages provide a steady income stream. The property is conveniently located close to downtown Bozeman and Montana State University.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.044732
    Latitude
    45.676995

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property near downtown Bozeman and Montana State University.
    Where is this apartment building located?
    The property is located at 516 W Olive St Bozeman, MT.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: - Steady income stream from six units and three rental garages.; - Convenient location close to downtown Bozeman and Montana State University.; - Beautifully maintained property rich in character.
    (406) 586-7676
    Request Owner's contact information
    516 W Olive St Bozeman, MT 59715
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    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
    516 W Olive St Bozeman, MT 59715
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