Bozeman, MT Residential Income Properties for Sale

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Updated: Feb 14, 2025

Historic Warehouse Property

725 E Cottonwood Street & 704 Front Street, Bozeman, MT 59715

$1,950,000

8,275 sqft 0.43 AC lot

4,875 SF historic warehouse built in 1895
Two separately deeded parcels at 725 E. Cottonwood Street and 704 Front Street
Renovated duplex on the adjacent parcel is fully leased
NEHMU zoning supports residential, commercial, retail, restaurant, office, and adaptive reuse uses, subject to verification
Warehouse is currently leased month‑to‑month

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Here's a quick look at some key insights for

725 E Cottonwood Street & 704 Front Street, Bozeman, MT 59715

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$104K
Annual
Price @ 7% Cap

$1.49M
Suggested

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Updated: Mar 12

Commercial Land Development Site

8494 Huffine, Bozeman, MT 59718

$2,650,000

4,696 sqft 7.83 AC lot

Prime 7.831‑acre development opportunity with direct frontage on high‑traffic Huffine Lane.
Dual zoning (M‑1 and RX‑HD) allows for commercial, industrial, mixed‑use, or residential development.
Borders RAE Water & Sewer, facilitating development.
Existing commercial building and residential home provide immediate rental income.
Park‑like setting with pond and mature trees offers attractive natural environment.

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Craftsman Triplex with Private Entrances

621 N Rouse Avenue, Bozeman, MT 59715

$1,250,000

0.24 AC lot

Three-unit property with one larger residence and two single-level apartments.

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Craftsman Multifamily Property

621 & 617 N Rouse Avenue, Bozeman, MT 59715

$2,025,000

0.48 AC lot

Two parcels with five occupied rental units, RA zoning, and public utilities near Bozeman’s Cannery District.

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Updated Multifamily Properties

516 & 520 W Main Street, Bozeman, MT 59715

$2,950,000

2,919 sqft

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

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Craftsman Duplex

617 N Rouse Avenue, Bozeman, MT 59715

$790,000

0.24 AC lot

Two separate residences provide private entrances, individual kitchens, laundry areas, and distinct upper- and lower-level layouts.

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Duplex with Private Deck

111 S 20th, Bozeman, MT 59718

$750,000

0.25 AC lot

Duplex built in 1972 with upper unit two bedrooms, bonus room, and private deck, plus garage parking.

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Duplex with Attached Garage

422 N 11th Avenue, Bozeman, MT 59715

$779,000

0.20 AC lot

Duplex with two units, including a two-car attached garage, deck, fireplace, and public water and sewer.

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Mixed-Use Property with Retail and Housing

103 S 8th Avenue, Bozeman, MT 59715

$2,100,000

3,047 sqft

Two commercial spaces and two residential apartment units are available for lease or owner-occupancy near downtown Bozeman.

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Two-Parcel Duplex Property with Deck

103 & 109 S 8th Avenue, Bozeman, MT 59715

$2,995,000

0.25 AC lot

Duplex opportunity built in 1920 on two adjacent downtown lots with hardwood and tile interiors and a deck.

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Apartment Building with Fireplace

539 N Rouse Avenue, Bozeman, MT 59715

$1,650,000

0.27 AC lot

Church and rectory conversion apartment building featuring a porch, fireplace, and public water and sewer services.

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Five-Unit Multifamily Property

617 & 621 Rouse Avenue, Bozeman, MT 59715

$2,025,000

0.48 AC lot

Two parcels offer city utilities and paved road access near central Bozeman.

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Bozeman Land in Prime Location

5044 Monforton School Road, Bozeman, MT 59718

$850,000

1,305 sqft 2.00 AC lot

Two-acre property in desirable Monforton School District with development potential.

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Agricultural Estate Land with Farmhouse

1903 Mount Ellis Lane, Bozeman, MT 59715

$5,495,000

2,194 sqft 119.00 AC lot

119+ acres zoned Agricultural and Rural Residential, with an older farmhouse, perimeter fencing, installed driveway, and utilities to the build site.

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Triplex With Private Entrances

621 N Rouse Avenue, Bozeman, MT 59715

$1,250,000

0.24 AC lot

Three separate residences offer flexible occupancy options, on-site parking, and access to downtown amenities.

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Craftsman Duplex with Fenced Yard

619 W Harrison Street, Bozeman, MT 59715

$899,900

0.10 AC lot

Craftsman duplex with open living space, two kitchens, and a fenced yard with sprinkler irrigation and landscaping.

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Bozeman Multifamily Investment Opportunity

409 S Grand Avenue, Bozeman, MT 59715

$925,000

0.19 AC lot

Five-unit apartment building in Bozeman's historic Bon Ton District.

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Five-Unit Apartment Property

621 & 617 N Rouse Avenue, Bozeman, MT 59715

$2,025,000

0.48 AC lot

Two parcels combine existing rentals with RA zoning and municipal utilities.

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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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Condo-Managed Four-Unit Multifamily

607 Professional Drive Unit 4, Bozeman, MT 59718

Contact for pricing

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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Quadplex with Private Patios

2401 Daws Drive, Bozeman, MT 59718

$1,499,000

0.34 AC lot

Four-unit quadplex with private patios backing to green space, all currently leased, featuring a mix of two- and three-bedroom units.

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Two-Unit Duplex with Parking

617 N Rouse Avenue, Bozeman, MT 59715

$790,000

0.24 AC lot

Upper and lower residences provide private access, separate kitchens, laundry areas, and one leased and one vacant unit.

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Duplex with Detached Two-Car Garage

517 S 13th Avenue, Bozeman, MT 59715

$1,095,000

0.16 AC lot

Six-bedroom duplex layout with multiple living areas, two kitchens, and two laundry areas plus a detached two-car garage.

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Centrally Located Duplex Opportunity

111 S 20th, Bozeman, MT 59718

$750,000

Duplex with two units, including private laundry and an oversized garage with off-street parking.

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Bozeman, MT Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Bozeman, MT, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 25,681 square feet of properties for sale, with an estimated market value of $65,811,700.

Sale prices for residential income properties in Bozeman, MT start at $619,900, averaging $1,566,945, and reaching up to $5,495,000 — 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	$1.3M
59718	$1.9M

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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