$9,900,000
$1M PRICE DROP

1714 S 19th Ave Bozeman, MT 59718

Estimated payment $57,164/month

Total Views 1,718
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Ceiling Fan
  • Laundry Facilities
  • Sacajawea Middle School Rated A
  • Baseboard Heating
  • Partially Carpeted

About This Home

Exceptional investment opportunity in one of Montana’s fastest-growing markets. Located at 1714 S 19th Ave, this turn-key multifamily property features 32 fully renovated units across three buildings, just minutes from Montana State University, downtown Bozeman, and major commercial corridors.

Each unit is approximately 800 SF and offers a 2 bed / 1 bath layout, thoughtfully updated with new luxury vinyl plank flooring, dual-pane windows, fresh interior and exterior paint (and siding), stainless steel appliances, butcher block countertops, new cabinetry, and modern lighting and plumbing fixtures.

Residents enjoy ample off-street parking, landscaped green space, and proximity to public transit, shopping, restaurants, and recreational amenities.

A strong professional management team is already in place, and once the remodel is complete (set for August 2025) the remaining units will be leased. With an average rent of $1825 per unit, and with maintenance costs lowered significantly thanks to the substantial remodel, the complex stands to operate at a ~5% cap rate once complete. In the intermediate to longer term, there is considerable rental income upside as demand for apartments in the MSU/19th corridor continues to rise.

This is a rare opportunity to acquire a fully modernized, stabilized asset with growth potential in a high-demand rental market.

Listing Agent

Jeremy Seglem

The Agency Bozeman License #RBS-88697 Listed on: 07/09/2025

The Agency Bozeman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,908

Year Built

  • Built in 1975

Parking

  • Parking Lot

Home Design

  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Additional Features

  • 1.06 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number RGG1352

Community Details

Overview

  • No Home Owners Association
  • 32 Units
  • Remington Addition Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,908

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Sub Type Additional: Multi Family
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1975
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator

Exterior Features

  • Roof: Asphalt
  • Construction Type: Hardboard

Garage/Parking

  • Parking Features: Common

Utilities

  • Laundry Features: Common Area
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Sq Ft: 46173.6
  • Parcel #: RGG1352
  • Zoning Description: R4 - Residential High Density

Multi Family

  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 39908.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $9,900,000 -10.0% --
07/09/2025 07/09/25 For Sale $10,999,000 -- --
Source: Big Sky Country MLS

Source: Big Sky Country MLS

MLS Number: 403946

Big Sky Country MLS