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

401 S Grand, Bozeman, MT 59715

MULTI_FAMILY - Bozeman, MT

Property SizeContact for details
Lot Size0.29 Acres
Days on Market285

Property Features for 401 S Grand

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R4
Parking features Garage, On Street
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 Electric (Heating), Baseboard
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 1 Last Checked: Aug 9 at 11:06PM
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 building is set on a 0.289-acre lot and was built in 1900. The property includes electric baseboard heat and is supported by public water and public sewer. Appliances noted include washer and dryer. Parking is offered via on-street parking and six detached garages.

Improvements include brand new siding and gutters, helping refresh the exterior while maintaining the building’s established character.

With a compact, downtown-style residential configuration and attached/nearby parking by way of detached garages and on-street spaces, the property is positioned for buyers seeking a small multifamily asset in Bozeman.

Key Highlights

  • 5‑unit apartment building on 0.289‑acre lot
  • Six detached garages plus on‑street parking
  • Brand 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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 5-unit Bozeman apartment building with six detached garages, brand new siding and gutters, plus 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 $1,495,000.
What are key features of this property?
This property features: 5‑unit apartment building on 0.289‑acre lot; Six detached garages plus on‑street parking; Brand new siding and gutters
More about this property
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