LOCATION, LOCATION, LOCATION! An exceptional investment opportunity just blocks from Montana State University! Situated in a prime location off West College Street, this three-unit property offers incredible potential in one of Bozeman's most convenient and desirable areas. Enjoy easy access to everything that makes this location so appealing! Just a short walk or bike ride to MSU, nearby parks, grocery stores, restaurants, coffee shops, and everyday essentials. Local favorites like Colombo's Pizza, nearby bakeries, FedEx, and gas stations are all within easy reach. With public transportation located directly across the street, getting around Bozeman couldn't be more convenient. Hyalite Recreation Area and Bozeman's endless outdoor recreation opportunities are also just a drive away. Featuring three separate units, this property presents an exciting opportunity for investors looking to expand their portfolio or buyers seeking a property with additional income potential. Whether you're considering a long-term rental investment, housing near MSU, or exploring the property's future possibilities, the potential here is undeniable. Three units. Prime Bozeman location. Endless opportunity. Properties this close to MSU, with this much potential, are worth a closer look!
For sale
$1,050,000
1601 W College St, Bozeman, MT 59715
5beds
3baths
--sqft
Triplex, Multi Family, Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Nearby parks
- 4 days
- 407
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Chelsea Hale 406-570-9983,
Coldwell Banker Distinctive Properties
Source: Big Sky Country MLS,MLS#: 415314Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer
- Laundry: Washer Hookup
Features
- Fireplace
- Flooring: Laminate, Partially Carpeted
- Basement: Bathroom,Bedroom,Kitchen,Rec/Family Area
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Common, Off Site
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
- Fencing: Chain Link
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
Lot
- Size: 0.33 Acres
- Features: Lawn, Landscaped
Details
- Parcel number: RGG4357
- Zoning description: Call Listing Agent for Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Brick, Wood Siding
- Roof: Asphalt
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Public Transportation
- Security: Heat Detector, Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
- Amenities included: Sidewalks
Location
- Region: Bozeman
Financial & listing details
- Tax assessed value: $1,098,214
- Annual tax amount: $6,001
- Date on market: 10/16/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $1,050,000-12.4% |
Source: Big Sky Country MLS #415314 Report a problem | ||
| 4/24/2025 | Listing removed | $1,199,000 |
Source: Big Sky Country MLS #396911 Report a problem | ||
| 9/20/2024 | Listed for sale | $1,199,000 |
Source: Big Sky Country MLS #396911 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,800 +22.1% | $900,900 +57.1% |
| 2024 | $3,932 +6.7% | $573,500 |
| 2023 | $3,685 +15.2% | $573,500 +50.7% |
| 2022 | $3,200 +9.7% | $380,500 |
| 2021 | $2,918 +8.4% | $380,500 +22.4% |
| 2020 | $2,692 -7.2% | $310,800 |
| 2019 | $2,902 +4.3% | $310,800 +5.4% |
| 2018 | $2,782 +7% | $294,900 |
| 2017 | $2,601 +2.6% | $294,900 +9.8% |
| 2016 | $2,535 | $268,500 |
| 2015 | $2,535 +7.7% | $268,500 +83.1% |
| 2014 | $2,354 +9.7% | $146,606 +4.1% |
| 2013 | $2,147 +2.1% | $140,897 +4.6% |
| 2012 | $2,104 | $134,669 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $168,300 |
| 2007 | -- | $168,300 |
| 2006 | -- | $168,300 |
| 2005 | -- | $168,300 |
| 2004 | -- | $168,300 |
| 2003 | -- | $168,300 +14.4% |
| 2002 | -- | $147,100 |
| 2000 | -- | $147,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 59715
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