Tucked away on a quiet, tree-lined residential street just blocks from the MSU campus, this versatile triplex is an opportunity for investors or buyers looking to house-hack. Live in one unit and let the other two pay your mortgage, or rent all three for a stellar addition to your portfolio. The Main Unit: Spacious 3-bedroom, 2.5-bathroom layout with a functional kitchen and living area—perfect for an owner-occupant or premium rental. Basement Unit: Cozy 2-bedroom, 1-bathroom setup featuring brand-new carpet, a full kitchen, and a private living area. Back Unit: Convenient 2-bedroom, 1-bathroom unit complete with its own kitchen, living room, dedicated laundry room, and oversized patio. With three separate addresses, mature landscaping, and an unbeatable location that ensures low vacancy rates, this property is a proven workhorse. Bring your ideas and capitalize on a rare multi-family find in a highly desirable college-town market!
Centrally located in the City of Bozeman, this fully occupied four-unit multifamily property offers a proven history of strong rental performance and stable cash flow. The property consists of two 2-bedroom/1-bath units, one 2-bedroom/2-bath unit, and one 1-bedroom/1-bath unit, providing a desirable mix of unit types for tenants. Well maintained with no known deferred maintenance, the property features updated carpet and appliances throughout, reflecting pride of ownership. Located on the second floor above ground-floor commercial space, the property is condominiumized, with all four apartments comprising Unit 4 of the condominium association. Each apartment is separately metered, served by city water and sewer, and features natural gas forced-air heating, air conditioning, and private in-unit laundry. Designed for low-maintenance ownership, the building offers cement board siding, a metal roof, underground irrigation, and professional property management. The Owner’s Association covers lawn care, snow removal, garbage service, and other common area expenses, providing additional convenience and peace of mind for ownership. Conveniently situated near Montana State University, shopping, restaurants, public transportation, and other amenities, this investment presents an attractive opportunity to acquire a stabilized multifamily asset in one of Bozeman's most desirable and established neighborhoods.
Step into your next chapter with this exceptional property just a few blocks from the MSU campus—an unbeatable opportunity for savvy investors or future owners ready to make Bozeman home. From the moment you enter, you’ll appreciate the meticulous care and thoughtful renovations completed in the past five years. The sun-filled main level welcomes you with an open, airy ambiance, two spacious bedrooms, a versatile den or office, a modern kitchen, and a full bath and a laundry room/mud room. Retreat to your luxurious primary suite, featuring a generous walk-in closet, a private deck, and a newly renovated spa-inspired bathroom—your personal sanctuary. Downstairs, discover two additional bedrooms, a large living area, full bath, second kitchen, mudroom, and private laundry—perfect for guests or rental income. Flexibility abounds: restore to a single-family residence or maintain as a separately metered duplex, each with its own private entrance. Outside, enjoy the peace of a fenced yard with lush landscaping, underground sprinklers, and an attached two-car garage. Live steps from campus, downtown Bozeman, and all the recreation and conveniences this vibrant community has to offer. Don’t let this rare opportunity slip away—make it yours today!
A rare offering in Bozeman's coveted Bon Ton Historic District — built in 1902 and thoughtfully converted into five income-producing apartments on one of the most walkable blocks south of Main Street. Tree-lined streets, historic mansions, and the city's most architecturally distinguished residential corridor define the address. Downtown Bozeman, Montana State University, Cooper Park and various trail systems are all within an easy stroll or short bike ride. Set on an 8,400+ square foot lot in the heart of the historic core, the property delivers what the Bozeman market almost never offers in one package: an irreplaceable in-town location, a stabilized rent roll, and a meaningful redevelopment path. The five-unit configuration produces consistent income with rents currently positioned below market — a built-in lever for the next owner to realize immediate upside through routine turnover and modernization, without speculative assumptions. Beyond the in-place cash flow, the long-term value sits in the land. Bozeman's historic neighborhoods near downtown have become the city's most contested and sought-after development ground, and the Bon Ton has been repeatedly cited by city planners as a model of the "missing middle" density Bozeman is actively encouraging. The lot's location, dimensions, and existing multi-unit use position the property as one of the rare in-fill opportunities in Bozeman's most desirable submarket — a hold-for-yield asset today, with optionality for the next owner to reimagine the site. Opportunities like this on one of the most prestigious blocks in Bozeman don't come around that often.
Prime location meets timeless charm in this beautifully maintained Mid-Century cottage-style triplex. Thoughtfully updated throughout, this unique property offers three separate living spaces with excellent flexibility for investors or owner-occupants alike. Unit #1 on the main level features hardwood floors, fresh paint, 2 bedrooms, 1 full bath, a spacious living room with fireplace, dining area, full kitchen, and direct access to the backyard. Upstairs, Unit #2 offers new flooring and paint, 2 bedrooms, 1 bath, a full kitchen, dining area, and a bright, inviting living room filled with natural light. Unit #3 on the lower level includes updated flooring and paint, 2 bedrooms, 1 bath, a full kitchen, dining area, generous living room, and backyard access. Shared laundry is conveniently located on the lower level, and a new furnace and duct system were installed in February 2025. Ideally situated just minutes from Downtown Bozeman’s Main Street, one block from Southside Park, two blocks from Cooper Park, and only blocks from the MSU campus, this property offers an unbeatable combination of location, character, and versatility. Whether you're seeking a strong income-producing investment or the opportunity to live in one unit while renting the others, this charming triplex is a rare find. Schedule your showing today!
A rare opportunity in Gran Cielo, this striking modern home combines thoughtful design, flexible living, and iconic Bridger Mountain views. Floor-to-ceiling glass frames a direct view of the “M” while overlooking 4+ acres of park space—offering a sense of openness that’s hard to find in Bozeman. The layout is both functional and versatile, featuring 4 bedrooms, 3.5 baths, two primary suites, and a spacious main-level bonus room ideal for an office, gym, or second living area. The upstairs primary suite is a true retreat with vaulted ceilings, a generous walk-in closet, and a full wall of windows capturing Montana’s natural light. An attached 847± sq ft ADU with private entrance adds exceptional value and flexibility—perfect for rental income, extended guests, or multigenerational living. The ADU includes its own kitchen, laundry, and full set of appliances. Located in one of Bozeman’s most sought-after communities with easy access to MSU, trails, downtown, and everyday amenities, this home offers a unique combination of lifestyle, design, and long-term value. Homes with this level of flexibility, views, and location are limited—schedule your showing today. Some photos are virtually staged and/or enhanced.
Prime location, strong income potential, and a clean, modern design, this three story triplex just off 19th Street checks all the boxes. Fully furnished and thoughtfully styled, each unit is turnkey and ready to perform from day one. Just minutes from Montana State University, downtown Bozeman, Bozeman Health, and endless outdoor recreation, the location supports consistent demand for both long and short term rentals. Each level functions as its own private residence, offering three bedrooms, two full bathrooms, a well appointed kitchen with granite countertops and stainless steel appliances, comfortable living space, and in unit laundry, with large windows bringing in abundant natural light. Two of the three units are currently operating as short term rentals, while the ground floor unit is leased long term, creating a strong balance of income and flexibility. The property has been successfully run as a short term rental since 2022, after previously operating as long term rentals, with financials available upon execution of an NDA. Whether you are looking to expand your investment portfolio or live in one unit while the others offset your costs, this is a rare and versatile opportunity in Bozeman.
Prime Bozeman fourplex investment opportunity in a highly desirable central location. This well-maintained property features two 3-bedroom, 1.5-bath units and two 2-bedroom, 1-bath units, each with a one-car garage and private patios that back to mature landscaping, green space, and a seasonal creek. Recent improvements include new siding, updated flooring, and in-unit washers and dryers. All four units are currently leased. Ideally situated adjacent to a single-family residential neighborhood and near Emily Dickinson Elementary, the property is also close to parks and conveniently located near the Oak Street and 19th Avenue commercial corridor. Professionally managed with consistent maintenance for over two decades, this property represents a rare turn-key multifamily opportunity in the Bozeman market.
Opportunity knocks - This unique and high performing triplex offers a trifecta of built-in value: a historic footprint, a proven income stream for over 25 years and a coveted location in the heart of historic Bozeman. First time on market in over 25 years! Situated just blocks from Main Street shopping, dining and amenities and minutes to Montana State University, this property is the perfect blend of location and lucrative investment potential. Fully rented and priced to sell at a 6.5% cap rate, the property consists of three intentionally built units. The front unit is a charming Queen Anne style two story home with 4 bedrooms and 2 bathrooms. An attached duplex features Piping Plovers from the Craigshead Institute’s Murals of threatened and Endangered Species Project. The duplex consists of two side by side units each with 5 bedrooms and 2.5 bathrooms. The Queen Anne front house is known as the Susan Kirk Residence. The main floor features spacious living areas, kitchen and bath. The home has been well maintained and includes a side driveway for parking, enclosed front and rear entryways and retains its historic charm with colorful paint and gingerbread elements including scalloped shingles and a variety of exterior siding textures. An attached duplex features spacious living and kitchen areas and additional flex space. An expandable rooftop solar array is connected to the north duplex unit and features EV charging. Concrete parking area features parking for 4 vehicles. A 2-car detached garage is currently used by the owners includes space for a shop/storage. There are several communal bike storage areas on the property including a covered pavilion. Yard spaces have been improved with thoughtful native landscaping and raised garden planters for the occupants to enjoy. Mature trees and shrubs allow for privacy and shade. Many possibilities exist to make the property your own (maintain/condex/development). More info below> This is a wonderfully convenient southside Bozeman location – only minutes to Montana State University, hospital, shopping, breweries, music venues, grocery stores, restaurants, services and amenities. Only 25 minutes to Bridger Bowl, 30 minutes to blue ribbon fly-fishing and river recreation, and 1 hour to Big Sky. Please don’t disturb the tenants – shown by advanced appointment only. Don’t miss the VR Matterport Tour.
Attention all investors and 1031 Exchange buyers. Looking for a newer Bozeman 4 plex with excellent rental history and a great location? This building is on a quiet street within Flanders Creek Subdivision, just steps from the 11-acre community park with a trail system and ponds. Desirable open floor plan with each unit containing 3 bedrooms and 3 baths. All units have granite countertops, LVT flooring, and real wood trim. Conveniently located near Gallatin High School, the 100-acre Gallatin County Regional Park, shopping and restaurants.
Attention all investors and 1031 Exchange buyers. Total of four newer Bozeman buildings with excellent rental history and a great location. These buildings are on a quiet street within Flanders Creek Subdivision, just steps from the 11-acre community park with a trail system and ponds. Desirable open floor plan with each unit containing 3 bedrooms and 3 baths. All units have granite countertops, LVT flooring, and real wood trim. Conveniently located near Gallatin High School, the 100-acre Gallatin County Regional Park, shopping and restaurants.
Attention all investors and 1031 Exchange buyers. Looking for a newer Bozeman Triplex with excellent rental history and a great location? This building is on a quiet street within Flanders Creek Subdivision, just steps from the 11-acre community park with a trail system and ponds. Desirable open floor plan with each unit containing 3 bedrooms and 3 baths. All units have granite countertops, LVT flooring, and real wood trim. Conveniently located near Gallatin High School, the 100-acre Gallatin County Regional Park, shopping and restaurants.
Attention all investors and 1031 Exchange buyers. Looking for a newer Bozeman 4 plex with excellent rental history and a great location? This building is on a quiet street within Flanders Creek Subdivision, just steps from the 11-acre community park with a trail system and ponds. Desirable open floor plan with each unit containing 3 bedrooms and 3 baths. All units have granite countertops, LVT flooring, and real wood trim. Conveniently located near Gallatin High School, the 100-acre Gallatin County Regional Park, shopping and restaurants.
A fantastic investment opportunity in Bozeman just off the 19th corridor. Near schools, restaurants, and tons of shopping! Building is made up of 12 fully leased units, each 970 square feet with 2 bedrooms, 2 bathrooms, own laundry, fire suppression and a one car garage. Great rental history as the building and HOA are professionally managed. Pictures are of a similar building/unit. Call today!!
Looking for an modern, spacious property that has it all? This beautiful home could be it! It includes 6 luxurious bedrooms and 4 1/2 baths, an expansive open concept living space, huge family and recreation area, and a 4 car heated garage attached to the main house. In addition to mountain views and beautifully landscaped acreage with live water and room for horses, there is a guest house with a large heated 4 stall shop (including a space for a boat, RV, or camper) and a year-round creek in the front. Homes allowing horses yet still within the Bozeman school district are hard to find! Elegant space surrounds you as you walk into the vaulted living area, past the gigantic kitchen, and outside to an elaborate, fully covered wrap-around patio with Bridger Mountain views. Not only is the home conveniently located just outside of Bozeman city limits with easy access to essentially anywhere you need to be, it is filled with quality and attention to detail from floor to ceiling. Equipped with central vacuum, multiple heat and AC zones with humidification, Corbond insulation, multiple water heaters, Mezzo fireplaces, thermal protective windows, up/down cellular shades, security system, solid wood interior doors and trim, radiant heated floors in primary and junior suite, water treatment system with RO, and more! Entertaining large groups is a breeze with so much indoor and outdoor space, a rec room with wet bar, beverage fridge and dual tap kegerator, and a flagstone firepit to gather around! Both the main house and guest house yards are fenced with smooth wire to contain small dogs and the entire perimeter is fenced with post & rail. One of the garage stalls attached to the main house is equipped with a mini split for heat/AC and has finished walls and a vaulted ceiling, perfect for a golf simulator or a comfortable work area. The upstairs apartment in the main home can be utilized as a completely separate living space for relatives or guests, as it comes complete with kitchen, laundry, 2 spacious bedrooms, living area and bathroom. The 360 views and natural light are outstanding, and the covered balcony is great for enjoying the sunsets. The detached 2 bedroom 2 bath guest house could be utilized for a caretaker, nanny, or rental potential. It includes many of the same features as the main house including central AC, RO water, LVP flooring, up/down cellular shades, and its own fenced yard. See supplements for a list of amenities in this builder-owned home.
A fantastic opportunity to own a 5 unit investment property in one of Bozeman’s most desirable downtown neighborhoods. With six detached garages and strong rental history, this property delivers consistent income potential. Brand new siding and gutters. Situated among tree-lined streets and historic homes, this is a standout opportunity for the discerning investor seeking a piece of Bozeman’s vibrant and enduring core.
Rare Investment Opportunity – Three Turnkey Income-Producing Units at Aspen Crossing Don’t miss this singular chance to own three established, income-generating units in Aspen Crossing, one of Bozeman’s most consistently performing rental locations. Unit 301: South-facing corner unit filled with natural light, 2 bedrooms, 1 bathroom. Unit 319: Also south-facing with stunning Gallatin Range views, 2 bedrooms, 1 bathroom. Unit 316: North-facing loft unit featuring sweeping Bridger Range views, with 1 bedroom and 1 bathroom in the loft, plus 1 bedroom and 1 bathroom on the main level. All three units are fully furnished and professionally outfitted, with existing reservations available for seamless transition. Aspen Crossing is a high-occupancy building, beloved by guests for its vibrant atmosphere and easy access to top local spots like Ponderosa Social Club, Bourbon BBQ, and Range & Co. These units are recognized as Guest Favorites on Airbnb, a badge awarded to top-tier, consistently well-managed properties. Demand is especially strong among mid-term rental guests, ensuring stable returns. Schedule your private showing today—this is a rare, ready-made investment in one of Bozeman’s hottest rental markets.
Dream Home with Breathtaking Views & Designer Touches. Welcome to your mountain-modern retreat! This stunning, fully remodeled home blends rustic charm with elegant finishes in every corner. Step inside to discover a spacious open floor plan flooded with natural light from walls of windows. The heart of the home is a chef’s kitchen designed to impress—with top-of-the-line appliances, custom cabinetry, a generous island, & plenty of built-in storage for a clean, effortless look. Whether you're entertaining guests or enjoying a cozy night in, the south facing wall of windows will grace you with a stunning view of the Spanish Peaks making this space perfect for every occasion. Rustic wood beams, high-end finishes, & thoughtful details throughout create a warm inviting ambiance. The oversized fireplace with stone hearth in the living room beckons for you to sit & warm yourself while enjoying a cocktail made at the wet bar. Additional interior features include a true office, all ensuite bedrooms, basement theatre room & gym space. Multiple decks & outdoor living spaces, complete with hot tub, offer the ideal spots to take in the sunrise, host gatherings, or simply relax & enjoy the views. The yard is surrounded by hedges for privacy, a mature lawn, with towering pines that create an alpine feel. The sprinkler system was installed last fall to allow for any further landscaping you could dream up. The guest home is the charming original ranch home that was recently moved to a new foundation, provided with it’s own well (100 GPM) & septic. The 2 bed, 2 bath home with attached garage could provide a place for additional family, a caretaker, or produce income as a rental. Set on 20 pristine acres, already divided into (2) 10 acre parcels, this property has been meticulously maintained as horse pasture—sprayed annually & carefully under-grazed to preserve its health & productivity. It's ready for your livestock, with a versatile barn already designed with horse stalls in the back & a workshop up front. Whether you’re an equestrian, hobby farmer, or just seeking wide-open space, the possibilities here are endless. With no covenants, no HOA, & no subdivision restrictions, you're free to build, expand, or reimagine the property entirely to suit your vision. This home is a rare find—move-in ready, beautifully finished & designed for comfort & style, all within 10 minutes of downtown Bozeman. Don’t miss your chance to own a one-of-a-kind property that truly has it all!
Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2026. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!
Future R-B zoning! 8 units and 3 story construction could be possible in the future with changes proposed by the city. Current rental income is $3,400 a month. Two 1250 square feet units with threes bedrooms and one bath each, rented in year leases through mid 2026. 5 year contract for deed with interest only financing is possible with sufficient down payment.

Bozeman is located in Montana. Bozeman, Montana has a population of 51,574. Bozeman is less family-centric than the surrounding county with 31% of the households containing married families with children. The county average for households married with children is 34.15%.
The median household income in Bozeman, Montana is $67,354. The median household income for the surrounding county is $76,208 compared to the national median of $69,021. The median age of people living in Bozeman is 28.2 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 13.3 degrees. The average rainfall is approximately 16.9 inches per year, with 62.8 inches of snow per year.