5-Unit Multifamily
For Sale
$2,025,000
621 & 617 N Rouse Avenue, Bozeman, MT 59715
ResidentialIncome, Bozeman, MT
Property SizeContact for details
Lot Size0.48 Acres
Days on Market40
Property Features for 621 & 617 N Rouse Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RA
Parking features
On Street
Patio and Porch features
Patio
Interior features
WoodBurningStove, WindowTreatments
Exterior features
PrivateEntrance
Fireplace
1
Appliances
Range, Refrigerator, Dryer, Washer
Subdivision
Imes Addition
Lot features
Lawn
View
Mountains
Directions
From Main Street, North on Rouse Ave
Standard status
Active
APN
RGH5692
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
(IMES ADD, S06, T02 S, R06 E, BLOCK 43, LOT 1 - 3, ACRES 0.23999, PLAT C-41 LESS HWRW) (IMES ADD, S06, T02 S, R06 E, BLOCK 43, Lot 4 - 6, ACRES 0.241, PLAT C-41)
Tax Annual Amount
10181
Legal Description
(IMES ADD, S06, T02 S, R06 E, BLOCK 43, LOT 1 - 3, ACRES 0.23999, PLAT C-41 LESS HWRW) (IMES ADD, S06, T02 S, R06 E, BLOCK 43, Lot 4 - 6, ACRES 0.241, PLAT C-41)
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Ceiling Fan(s), Varies by Unit
Water source
Public
Building Details
Year built
1956
Number of units
5
Flooring type
Tile, Carpet
Roof type
Shingle, Asphalt
Architectural style
Craftsman
Listing Agency:
Tamara Williams and Company
(406) 223-6823
Listed By:
Tamara Williams · License #BRO-53659
(305) 431-7967
Added: Aug 17
Changed: Sep 18
Last Checked: Sep 25 at 2:06AM
MLS# 414146
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 multifamily offering combines 621 and 617 N Rouse Avenue across two separate parcels and six lots totaling approximately 0.48 acres. Five existing rental units are occupied, with varied configurations and practical residential features including private entrances, patios, baseboard heat, wood-burning stoves, and a mix of carpet and tile flooring. Appliances include ranges, refrigerators, washers, and dryers. The improvements date to 1956 and feature Craftsman styling, asphalt and shingle roofing, and on-street parking.
The property is positioned just outside Bozeman’s Cannery District, with access to Main Street, nearby restaurants, coffee shops, farmers markets, parks, Bridger Bowl, and the city’s northeast corridor. Public water and public sewer serve the site, paved road access is provided, and the property carries RA zoning. The combined land area supports continued multifamily use while preserving the existing parcel configuration for future ownership strategies.
The property is positioned just outside Bozeman’s Cannery District, with access to Main Street, nearby restaurants, coffee shops, farmers markets, parks, Bridger Bowl, and the city’s northeast corridor. Public water and public sewer serve the site, paved road access is provided, and the property carries RA zoning. The combined land area supports continued multifamily use while preserving the existing parcel configuration for future ownership strategies.
Key Highlights
- Five occupied rental units across two separate parcels
- Approximately 0.48 acres spanning 6 lots
- RA zoning with public water and public sewer
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two occupied parcels offer established rental use, residential improvements, and redevelopment flexibility in central Bozeman.
Where is this multifamily property located?
The property is located at 621 & 617 N Rouse Avenue Bozeman, MT.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: Five occupied rental units across two separate parcels; Approximately 0.48 acres spanning 6 lots; RA zoning with public water and public sewer
