Search
Updated Multifamily Properties
New
For Sale
$2,950,000

516 & 520 W Main Street, Bozeman, MT 59715

Two side-by-side buildings combine apartment and vacation-rental operations with separately metered units.

Property Size2,919 SF
Price / SF$1,010
Days on Market7

Property Features for 516 & 520 W Main Street

General Information

Standard status Active
Size 2,919 SF
Property subtype Commercial
Zoning B2M

Taxes and HOA fees

Annual Taxes $13,003

Building Details

Building Size 2,919 SF
Year Built 1910
Buildings 2
Listing Agency: Berkshire Hathaway HomeService
Listed By: Michael Pitcairn
Source: Outlaw
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 5:04AM

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 HomeService

Investment Insights

Based on property information with market context.

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.

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

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,844
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message