0.48 Acres Lot
0.48 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Imes Addition
MLS Listing ID 414146
Style Craftsman
Year Built 1956
Annual Tax Amount $10,181
Tax Year 2025
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Multi Family
Property Description
This income property works several ways. Investors get an income-producing multifamily (multi-family) investment property with day-one cash flow, a rent roll available upon request, value-add upside through improving the existing structures, and a strong 1031 exchange option. Owner-occupied buyers can house hack: live in one unit and let the rental income help cover the mortgage. Ask your lender about FHA, VA, and low down payment options. Separate entrances and separate kitchens support multigenerational (multi-generational) living with mother-in-law, in-law suite, and guest house flexibility. Employers can explore employee, staff, or seasonal workforce housing, along with mid-term rentals of 30 days or more, including traveling nurses near Bozeman Health. Builders and developers will see a rare infill development opportunity and land value play near downtown, with tenants covering holding costs while you plan your redevelopment. Co-buyers can share ownership, each claim a unit, and rent the rest.
City sewer and water, paved road access, tree views, and a walkable, central location that keeps getting better. Opportunities with this combination of location, acreage, rental income, and future flexibility are increasingly rare. Buyer and Buyer's Agent to verify all information, including square footage, zoning, permitted uses, rental income, financing eligibility, redevelopment options, and city requirements. Units are occupied; please do not disturb tenants. Showings by appointment only.
Location
State MT
County Gallatin
Area Bozeman City Limits
Direction From Main Street, North on Rouse Ave
Interior
Interior Features Wood Burning Stove, Window Treatments
Heating Baseboard
Cooling Ceiling Fan(s), Varies by Unit
Flooring Other, Partially Carpeted, Tile
Fireplaces Type Wood Burning Stove
Fireplace No
Window Features Window Coverings
Appliance Range, Refrigerator, Dryer, Washer
Laundry Washer Hookup
Exterior
Exterior Feature Private Entrance
Parking Features Common, Gravel, On Street
Fence Partial
Utilities Available Electricity Available, Sewer Available, Water Available
Amenities Available Sidewalks
Waterfront Description None
View Y/N Yes
Water Access Desc Public
View Mountain(s), Trees/ Woods
Roof Type Asphalt, Shingle
Street Surface Paved
Porch Covered, Patio
Building
Lot Description Lawn
Entry Level Other
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories Other
Others
Tax ID RGH5692
Ownership Full
Security Features Heat Detector,Smoke Detector(s)
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Special Listing Condition None
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