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Updated Duplex with Bonus Rooms
For Sale
Contact for pricing
Pending

514 N 23rd Ave, Bozeman, MT 59718

Two-unit property near parks, schools, MSU, shopping, and transportation.

Property SizeContact for details
Days on Market142

Property Features for 514 N 23rd Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 5BR/3BA
Multifamily Units 2
Listing Agency: PureWest Real Estate Bozeman
Listed By: Brad Ehrnman · License #MT 46272
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:51AM

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 PureWest Real Estate Bozeman

Investment Insights

Based on property information with market context.

This two-unit duplex provides 10 bedrooms in total, with each residence arranged as a five-bedroom, three-bathroom home. Both units include open kitchens, wood-floored living areas, bay windows, and private access to a tree-shaded backyard. Ensuite primary bedrooms and two additional bedrooms are located on the main levels, while the lower floors add bedrooms, laundry areas, and large bonus rooms.

Recent property improvements include carpeting, appliances, hot water heaters, interior paint, roofing, gutters, and a sprinkler system. The duplex is situated in central Bozeman near parks, schools, Montana State University, shopping, and transportation. Its configuration also includes expansive shared living features within each unit, supporting residential use by households or rental occupants.

Key Highlights

  • 10 bedrooms across two units; each unit contains 5 bedrooms and 3 bathrooms
  • Open kitchens, wood flooring, bay windows, laundry areas, and bonus rooms in both units
  • Ensuite primary bedrooms on the main floors

Property Analytics

Current Use

Houdini Extracts Department Store Top Shelf Botanicals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Plumbing Service Barber Shop Electrical Service (Bike/Boat/Book/etc) 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,301
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property near parks, schools, MSU, shopping, and transportation.
Where is this duplex located?
The property is located at 514 N 23rd Ave Bozeman, MT.
What are key features of this property?
This property features: 10 bedrooms across two units; each unit contains 5 bedrooms and 3 bathrooms; Open kitchens, wood flooring, bay windows, laundry areas, and bonus rooms in both units; Ensuite primary bedrooms on the main floors
(406) 580-2784 Call to check price and availability
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