Bozeman, MT Multifamily Properties for Sale

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Updated: May 15

Bozeman Multifamily Investment Opportunity

621 and 617 N Rouse Avenue, Bozeman, MT 59715

$2,025,000

0.48 AC lot

Two separate parcels (6 lots) at 621 & 617 N Rouse Avenue totaling approx. 0.48 acres
Five existing rental units; UNITS ARE OCCUPIED (buyer to verify rental income)
RA zoning with public water and public sewer; paved road access
Craftsman‑style property built in 1956 with asphalt/shingle roof
Unit features include wood‑burning stove and a fireplace; window treatments and private entrances

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Updated: May 18

Bozeman Multifamily Investment Opportunity

409 S Grand Avenue, Bozeman, MT 59715

$925,000

0.19 AC lot

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.

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Duplex with Two Separate Units

617 N Rouse Avenue, Bozeman, MT 59715

$790,000

0.24 AC lot

Two mirrored residences offer private access, with one unit leased and one vacant for flexible ownership options.

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Downtown Triplex With Private Entrances

621 N Rouse Avenue, Bozeman, MT 59715

$1,250,000

2,745 sqft 0.24 AC lot

Triplex for sale with three separate units, private entrances, and strong parking for flexible owner-occupant or rental use.

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Duplex with Private Patio

1302 S 3rd, Bozeman, MT 59715

$830,000

0.15 AC lot

Duplex near Montana State University offering five bedrooms, two bathrooms, and a private patio.

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Duplex-Style Residence with Detached Garage

414 S 12th, Bozeman, MT 59715

$879,000

0.14 AC lot

Duplex-style layout with multiple living areas and two kitchens, plus a detached two-car garage in southside Bozeman.

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Updated Mid-Century Triplex

706 S 6th Avenue, Bozeman, MT 57915

$1,195,000

0.16 AC lot

Three separately configured residences with updated finishes and shared laundry, complemented by recent HVAC improvements.

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Condo-Managed Four-Unit Multifamily

607 Professional Drive Unit 4, Bozeman, MT 59718

$1,100,000

3,245 sqft

Fully occupied four-unit property offers separately metered apartments with in-unit laundry and city water and sewer service.

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Bozeman Fourplex Investment Opportunity

2401 Daws Drive, Bozeman, MT 59718

$1,525,000

0.34 AC lot

Well-maintained fourplex in prime Bozeman location, fully leased.

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Flexible Multifamily Income Home

517 S 13th Avenue, Bozeman, MT 59715

$1,095,000

0.16 AC lot

A six-bedroom, multi-living layout with two kitchens, two laundry areas, and a detached two-car garage.

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MSU Area Duplex with Garage

1604 Maple Ln, Bozeman, MT 59715

$1,015,000

3,172 sqft

Duplex near MSU with large yard and detached garage.

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Bozeman Multifamily Investment Opportunity

401 S Grand, Bozeman, MT 59715

$1,495,000

0.29 AC lot

Five-unit property in desirable downtown Bozeman neighborhood.

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Residential Income Duplex with ADU

2842 Tierra Lane, Bozeman, MT 59718

$1,699,000

0.21 AC lot

Modern duplex-style residence with two primary suites and an attached ADU with private entrance, kitchen, and laundry.

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12-Unit Multifamily Building

2232 Baxter Lane Units 1-12, Bozeman, MT 59718

$3,700,000

For sale 12-unit multifamily property with 2-bedroom, 2-bath units featuring in-unit laundry and fire suppression.

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Triplex with Private Entrances

621 N Rouse Avenue, Bozeman, MT 59715

$1,250,000

0.24 AC lot

Triplex on a 0.24-acre parcel with three separate units, including a larger 3-bedroom residence and two 1-bedroom units.

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Four-Unit Multifamily Condo-Style Building

607 Professional Drive, Bozeman, MT 59718

$1,100,000

Four separately metered apartments with natural gas forced-air heating, air conditioning, and private in-unit laundry.

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Bozeman Multifamily Investment Opportunity

852,853,878,881 Rookery, Bozeman, MT 59718

$6,975,000

Four newer buildings with excellent rental history in a great location.

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Flexible Residential Income Duplex

1302 S 3rd, Bozeman, MT 59715

$830,000

0.15 AC lot

Residential income property with 5 bedrooms, 2 bathrooms, large windows, hardwood floors, and updated bathrooms plus a private patio.

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Custom Duplex with Radiant Heat

17/19 E Aspen Street, Bozeman, MT 59715

$898,000

0.13 AC lot

Modern one-bedroom/one-bath units in a custom duplex with radiant heat in kitchens and bathrooms.

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Triplex with Attached Duplex and Solar

419 S 3rd Avenue, Bozeman, MT 59715

$2,495,000

Three intentionally built residential units with solar and EV charging, plus parking and multiple outdoor storage areas.

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3BR/3BA Quadplex Investment Property

881 Rookery, Bozeman, MT 59718

$1,860,000

Newer Bozeman quadplex with spacious 3-bedroom, 3-bath units featuring upgraded finishes throughout.

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Newer Bozeman Triplex Investment Opportunity

853 Rookery, Bozeman, MT 59718

$1,395,000

Newer triplex in Bozeman with excellent rental history and location.

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Fourplex with 3-Bed Floorplans

878 Rookery, Bozeman, MT 59718

$1,860,000

Fourplex in Flanders Creek Subdivision with three-bedroom, three-bath units featuring LVT flooring and granite counters.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Bozeman, MT, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

Off-Market Properties in Bozeman, MT

Consider similar Off-Market properties in Bozeman, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HIGH-RISE APARTMENTS

311 Willson Ave, Bozeman, MT 59715

Value Estimation by Request

115,896 sqft 0.75 AC lot

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Bozeman, MT Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Bozeman, MT, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 9,162 square feet of properties for sale, with an estimated market value of $3,365,000.

Sale prices for multifamily properties in Bozeman, MT start at $1,015,000, averaging $1,121,666, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 83K

Population Growth (5Y) +16.5%

Median Household Income $88,611

College Educated 24.8%

High-Yield Neighborhoods for Investment

Identify Bozeman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
59715	$1.2M
59718	$2.1M

Taxes & Financing

Tax Rate (average for all types) 0.81%

Property Tax per SF $4.86 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gallatin County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Bozeman fall within the 100,000+ square foot range.

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