$720,000

Estimated payment $4,461/month

Total Views 1,787
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Lawn
  • Covered patio or porch
  • Chief Joseph Middle School Rated A-
  • No HOA
  • 1-minute walk to Centennial Park

About This Home

Income Potential Meets Prime Location
Unlock a smart investment opportunity just blocks from downtown Bozeman and The Elm, with trail access and amenities out your doorstep—all without the premium price tag.

Investor’s Edge: This established duplex-style property offers immediate rental income with separate upper and lower living spaces. It's ideal for a long-term hold rental strategy in one of Bozeman’s downtown neighborhoods.

Live-In Income Model: For owner-occupants, live comfortably in one unit while generating income from the other—a rare chance to enjoy Bozeman living while significantly offsetting your mortgage.

Upside Potential: While maintaining its vintage charm, the home invites creative updates or value-add improvements. Explore options like modern renovations, a garage addition, or even a possible ADU (Accessory Dwelling Unit) with the R4 zoning to further maximize returns.

Layout Highlights:

Upper Unit: 2 large bedrooms, full bath, spacious living area, kitchen, and private fenced backyard with smoker and shed.

Lower Unit: Remodeled with 2 large bedrooms, full kitchen, modern bath, and separate shared laundry for added privacy and function.

This flexible, income-generating property is a rare find in central Bozeman—perfectly suited for both savvy investors and buyers looking to build equity while earning.

Listing Agent

Courtney King

Engel & Volkers - Bozeman License #RBS-25642 Listed on: 07/07/2025

Engel & Volkers - Bozeman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1958

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Lawn

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Basement

  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Window Egress

Parking

  • Gravel Driveway
  • Off-Site Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number RGH3697

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Imes Addition Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,672

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Window Features: Window Coverings
  • Flooring: Hardwood, Laminate, Tile
  • Interior Amenities: Window Treatments
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer
  • Has Basement: Bathroom, Bedroom, Daylight, Egress Windows, Kitchen, Rec/Family Area
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront Features: None
  • Waterfront: No
  • Fencing: Partial
  • Construction Type: Hardboard
  • Exterior Features: Landscaping
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Gravel, Off Site

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Park
  • Association: No

Lot Info

  • Lot Features: Lawn, Landscaped
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000.0
  • Parcel #: RGH3697
  • Zoning Description: R4 - Residential High Density

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5672.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,226 $785,100 $0 $0
2023 $5,050 $785,100 $0 $0
2022 $3,464 $451,800 $0 $0
2021 $3,823 $451,800 $0 $0
2020 $3,438 $402,900 $0 $0
2019 $3,518 $402,900 $0 $0
2018 $3,212 $340,992 $0 $0
2017 $3,180 $340,992 $0 $0
2016 $2,239 $237,400 $0 $0
2015 $2,241 $237,400 $0 $0
2014 $2,368 $147,711 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $720,000 +60.0% $286 / Sq Ft
06/10/2016 06/10/16 Sold -- -- --
05/11/2016 05/11/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $450,000 -- $179 / Sq Ft
Source: Big Sky Country MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Montana Title & Escrow
Interfamily Deed Transfer -- Montana Title & Escrow
Warranty Deed -- Montana Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,500 New Conventional
Previous Owner $184,250 New Conventional
Previous Owner $200,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Big Sky Country MLS

MLS Number: 403935

Big Sky Country MLS

APN: 06-0799-06-3-15-08-0000