Bozeman Multifamily Investment
409 S Grand Avenue, Bozeman, MT 59715
New
- Added:
- May 18, 2026
- Days on Market:
- 4
- Last Refresh:
- May 21 at 12:06 pm
Property Features for 409 S Grand Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- RGH5921
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIRVIEW ADD, S07, T02 S, R06 E, BLOCK 3, LOT 4 - 5, ACRES 0.193, PLAT C-3
- Tax Annual Amount
- 5850
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Varies by Unit
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 3
- Number of units
- 5
Listing agent Jeremy Seglem License #RBS-88697 (406) 404-9404
Listing office The Agency Bozeman 9 E Main St, Unit E, Bozeman, MT (406) 551-2345
Listing date May 18, 2026
MLS# 411242
Listing URL
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.
HighLights
- Rare opportunity in Bozeman's coveted Bon Ton Historic District.
- Income‑producing property with five apartments and a stabilized rent roll.
- Significant redevelopment potential on a large 8,400+ sq ft lot.
- Prime in‑town location near Downtown Bozeman, Montana State University, and Cooper Park.
- Below‑market rents offer immediate upside through turnover and modernization.
- Located on one of the most walkable blocks south of Main Street.
Overview
Located in Bozeman's Bon Ton Historic District, this property, constructed in 1902, has been converted into a five-unit apartment building. Situated on a lot exceeding 8,400 square feet, the property is positioned on a walkable block south of Main Street, characterized by tree-lined streets and historic architecture. Downtown Bozeman, Montana State University, Cooper Park, and various trail systems are within walking or biking distance. The property offers a stabilized rent roll and redevelopment potential. The existing five-unit configuration generates income, with rents positioned below market value. The property's location and existing multi-unit use present an infill opportunity in Bozeman's desirable submarket. The Bon Ton has been cited by city planners as a model of the "missing middle" density Bozeman is encouraging. The property is located in the historic core.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bozeman
- County
- Gallatin
- State
- Montana
- Longitude
- -111.040577
- Latitude
- 45.6749
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit apartment building in Bozeman's historic Bon Ton District.
Where is this apartment building located?
The property is located at 409 S Grand Avenue Bozeman, MT.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Rare opportunity in Bozeman's coveted Bon Ton Historic District.; Income‑producing property with five apartments and a stabilized rent roll.; Significant redevelopment potential on a large 8,400+ sq ft lot.
