Updated Multifamily
516 & 520 W Main Street, Bozeman, MT 59715
For Sale
$2,950,000
Two side-by-side buildings combine apartment and vacation-rental operations with separately metered units.
Property Size4,872 SF
Price / SF$1,010
Days on Market101
Property Features for 516 & 520 W Main Street
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Cobb Realty Group
Listed By:
Joe Cobb · License MT #13238
(406) 579-2999
Source:
Outlaw
Added: Aug 5
Changed: Nov 6
Last Checked: Nov 12 at 5:35AM
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 Cobb Realty Group
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Investment Insights
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This offering includes two adjacent multifamily buildings with a combined property size of 2919 and an established mix of residential apartments and vacation rentals. Both structures date to 1910 and have received substantial system and interior updates, including electrical, plumbing, furnaces, water heaters, kitchens, and bathrooms. Separate metering serves each unit and supports straightforward utility management.
The properties are located at 516 and 520 W Main Street in Bozeman, across from the new Hampton Inn Hotel and just west of Willson School. The site is positioned within Bozeman’s midtown redevelopment corridor. An adjoining parcel is also being offered separately, providing the possibility of assembling a larger West Main Street site. The buildings may be acquired together or individually, although the seller prefers a combined sale. Zoning is B2M.
The properties are located at 516 and 520 W Main Street in Bozeman, across from the new Hampton Inn Hotel and just west of Willson School. The site is positioned within Bozeman’s midtown redevelopment corridor. An adjoining parcel is also being offered separately, providing the possibility of assembling a larger West Main Street site. The buildings may be acquired together or individually, although the seller prefers a combined sale. Zoning is B2M.
Key Highlights
- Two side‑by‑side multifamily properties at 516 and 520 W Main Street
- Combined property size of 2919
- Residential apartments and vacation rentals currently operate on the site
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,844
Businesses Nearby
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Business Placement
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
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Market
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two side-by-side buildings combine apartment and vacation-rental operations with separately metered units.
Where is this multifamily property located?
The property is located at 516 & 520 W Main Street Bozeman, MT.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Two side‑by‑side multifamily properties at 516 and 520 W Main Street; Combined property size of 2919; Residential apartments and vacation rentals currently operate on the site
