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5-Unit Apartment Building
For Sale
$1,495,000

401 S Grand, Bozeman, MT 59715

Residential income property with six detached garages and newly installed exterior improvements.

Property SizeContact for details
Days on Market286

Property Features for 401 S Grand

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Residential Income

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $9,026

Building Details

Year Built 1900
Stories 2
Units 5
Listing Agency: Berkshire Hathaway - Bozeman
Listed By: Mike Basile · License #BRO-220
Source: Avatarrealtymt
Added: Oct 29, 2025 Changed: Aug 3 Last Checked: Aug 9 at 1:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway - Bozeman

Investment Insights

Based on property information with market context.

This 5-unit apartment property dates to 1900 and includes six detached garages. Recent exterior work includes newly installed siding and gutters, adding updated building components to the existing residential improvements. The property is configured for multifamily use and offers a combination of dwelling units and separate garage structures.

The address is in Bozeman’s downtown neighborhood, among tree-lined streets and historic homes. Its central residential setting places the building within the established core of the city. The property’s unit count, detached garage inventory, and recent exterior improvements define its primary physical characteristics.

Key Highlights

  • 5‑unit apartment property built in 1900
  • 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

581
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential income property with six detached garages and newly installed exterior improvements.
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 $1,495,000.
What are key features of this property?
This property features: 5‑unit apartment property built in 1900; Six detached garages included; New siding and gutters
More about this property
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