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Updated Duplex Property
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For Sale
$619,900

370 Lower Rainbow Road, Bozeman, MT 59718

MULTI_FAMILY - Bozeman, MT

Property SizeContact for details
Lot Size1.75 Acres
Days on Market1

Property Features for 370 Lower Rainbow Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description MU
Patio and Porch features Patio
Appliances Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Subdivision Rainbow
View Mountains
Directions S at Four Corners, Turn right past Bozeman Hot Springs, Follow Lower Rainbow, house will be on your left.
Standard status Active
APN RGF11964
Lot size 1.75 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RAINBOW SUB, S14, T02 S, R04 E, LOT 434A, ACRES 1.747, AMND COS 484
Tax Annual Amount 2843
Legal Description RAINBOW SUB, S14, T02 S, R04 E, LOT 434A, ACRES 1.747, AMND COS 484

Utilities

Sewer type Septic Tank
Heating system Baseboard, Electric (Heating)
Water source Well
Water front 1

Building Details

Year built 1918
Floors in Building 1
Number of units 2
Flooring type Carpet, Laminate
Roof type Asphalt
Listing Agency: Bozeman Real Estate Group
Listed By: Keegan Latta · License #RBS-38705
Added: Aug 11 Last Checked: Aug 11 at 5:06PM
MLS# 413992

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.

Located at 370 Lower Rainbow Road, this duplex property includes an updated three-bedroom home with two full baths. The residence has carpet and laminate flooring, a patio, asphalt roofing, and electric baseboard heating. Appliances include a range, refrigerator, dishwasher, microwave, washer, and dryer.

The property encompasses 1.747 acres in Bozeman, Montana, with seasonal water running through the grounds. Water is supplied by a well, while wastewater is handled by a septic tank. Built in 1918, the property is near Bozeman, Belgrade, and Yellowstone International Airport.

Key Highlights

  • 1.747‑acre property in Bozeman, Montana
  • Three‑bedroom home with two full baths
  • Updated residence with patio

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Grocery & Convenience Store Daycare Center Accounting Firm Tech Support Center

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

94
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?
Duplex - Updated home on acreage with a patio, well water, and septic service.
Where is this duplex located?
The property is located at 370 Lower Rainbow Road Bozeman, MT.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: 1.747‑acre property in Bozeman, Montana; Three‑bedroom home with two full baths; Updated residence with patio
More about this property
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