Sold

Price Unknown

120 Water Lily Dr, Bozeman, MT 59718

24beds

23baths

--sqft

Multi Family

Built in 2015

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,973 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,973/mo

Zestimate^® history

Owner options

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$2,400/mo

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$2,400/mo

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What's special

Balconies or patiosOpen living

Opportunity for a stabilized multi-family investment in Norton Ranch! This 12-plex offers tenants a neighborhood setting on the North West side of Bozeman, close to schools, parks, and amenities. Each unit is 2-bed, 2-bath (with the exception of Unit 1 which has 2-bed, 1-bath), open living with balconies or patios, parking, and a spacious storage unit. Professionally managed with a strong rental history, this investment offers a strong cap rate with secure income for investors looking to grow their portfolio.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 23

Heating

Electric

Cooling

None

Appliances

Included: Dryer, Washer

Interior area

Finished area above ground: 0

Property

Parking

Parking features: Common

Accessibility

Accessibility features: Accessibility Features

Features

Levels: One
Stories: 1
Patio & porch: Balcony, Patio

Lot

Size: 0.66 Acres

Details

Additional structures: Shed(s)
Parcel number: RGG63515
Zoning description: R4
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 2015

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: Norton Ranch

HOA

Has HOA: Yes
Amenities included: Sidewalks, Trail(s)
Services included: Road Maintenance
HOA fee: $2,400 annually

Location

Region: Bozeman

Financial & listing details

Tax assessed value: $3,611,858
Annual tax amount: $24,978
Date on market: 2/25/2026
Cumulative days on market: 53 days
Listing terms: Cash,1031 Exchange,3rd Party Financing

Price history

Date	Event	Price
5/26/2026	Sold	--
Source: Big Sky Country MLS #408877 Report a problem
4/10/2026	Pending sale	$3,125,000
Source: Big Sky Country MLS #408877 Report a problem
2/25/2026	Listed for sale	$3,125,000
Source: Big Sky Country MLS #408877 Report a problem
7/10/2015	Sold	--
Source: Big Sky Country MLS #198381 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$23,718 -10.5%	$2,936,300 -24.1%
2024	$26,510 +6.7%	$3,866,900
2023	$24,849 +11.5%	$3,866,900 +45.9%
2022	$22,288 +9.7%	$2,650,200
2021	$20,321 +34.9%	$2,650,200 +52.3%
2020	$15,069 -7.2%	$1,740,100
2019	$16,247 +33.2%	$1,740,100 +34.4%
2018	$12,196 +7%	$1,295,000
2017	$11,402 +7%	$1,295,000 +14.5%
2016	$10,661	$1,131,400 +809.4%
2015	$10,661 +594.2%	$124,413 +29.6%
2014	$1,536 +14%	$96,017 +8.6%
2013	$1,347 +7.4%	$88,439 +10.1%
2012	$1,254	$80,319