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.
For sale
Price cut: $100K (8/13)
$1,395,000
401 S Grand Ave, Bozeman, MT 59715
6beds
5baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Detached garagesTree-lined streetsBrand new siding
- 309 days
- 550
- 14
Zillow last checked:
Listing updated:
Listed by:
Mike Basile 406-579-6530,
Berkshire Hathaway - Bozeman
Source: Big Sky Country MLS,MLS#: 406624Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dryer, Washer
- Laundry: Common Area
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Common, Garage, On Street
- Has garage: Yes
- Has uncovered spaces: Yes
- Details: 1 Space/Unit
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.29 Acres
Details
- Parcel number: RGH4351
- Zoning description: R4
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Fairview Addition
HOA
- Has HOA: No
Location
- Region: Bozeman
Financial & listing details
- Tax assessed value: $1,422,900
- Annual tax amount: $9,026
- Date on market: 10/29/2025
- Cumulative days on market: 310 days
- Listing terms: Cash,3rd Party Financing
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $1,395,000-6.7% |
Source: Big Sky Country MLS #406624 Report a problem | ||
| 4/6/2026 | Price change | $1,495,000-11.8% |
Source: Big Sky Country MLS #406624 Report a problem | ||
| 1/22/2026 | Price change | $1,695,000-8.4% |
Source: Big Sky Country MLS #406624 Report a problem | ||
| 10/29/2025 | Listed for sale | $1,850,000 |
Source: Big Sky Country MLS #406624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,981 -16.8% | $1,422,900 +1.7% |
| 2024 | $9,588 +6.7% | $1,398,500 |
| 2023 | $8,987 +56.9% | $1,398,500 +105.3% |
| 2022 | $5,728 +9.7% | $681,100 |
| 2021 | $5,223 -2.6% | $681,100 +10.1% |
| 2020 | $5,360 -7.2% | $618,900 |
| 2019 | $5,779 +27% | $618,900 +28.1% |
| 2018 | $4,549 +7% | $483,200 |
| 2017 | $4,252 -5.4% | $483,200 +1.2% |
| 2016 | $4,496 | $477,500 |
| 2015 | $4,496 +28.7% | $477,500 +118.9% |
| 2014 | $3,494 +8.3% | $218,100 +3% |
| 2013 | $3,226 +0.9% | $211,690 +3.5% |
| 2012 | $3,196 | $204,617 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $273,220 |
| 2007 | -- | $273,220 |
| 2006 | -- | $273,220 +3.9% |
| 2005 | -- | $263,020 |
| 2004 | -- | $263,020 |
| 2003 | -- | $263,020 +79.2% |
| 2002 | -- | $146,795 |
| 2000 | -- | $146,795 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Central
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