Fourplex Investment Opportunity – Spacious 2 Bed, 1 Bath Units
Located in a highly desirable neighborhood, this income-producing fourplex offers four spacious 2-bedroom, 1-bath units with access through a wide interior hallway. Each unit features a comfortable, functional layout that appeals to long-term renters. Tenants enjoy the convenience of a shared coin-operated laundry area and a paved parking lot. (photos of two seperate units)
All units are currently leased and professionally managed by Connect Property Management, offering a seamless transition for the next investor.
A strong investment opportunity in a sought-after location with steady rental demand.
All information is deemed reliable, but is not guaranteed. Buyers and their agents are advised to conduct their own due diligence
Sold
Price Unknown
405 N 16th Ave, Bozeman, MT 59715
8beds
4baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in 1975
-- sqft lot
$952,600 Zestimate®
$--/sqft
$2,247 Estimated rent
Home value
$952,600
$876,000 - $1.04M
$2,247/mo
Zestimate® history
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$2,247/mo
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$2,247/mo
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List your homeWhat's special
Comfortable functional layoutShared coin-operated laundry areaPaved parking lot
Zillow last checked:
Listing updated:
Listed by:
Robin Nelson 406-600-9034,
ERA Landmark Real Estate
Bought with:
Dylan Conger, BRO-109752
REAL Broker
Source: Big Sky Country MLS,MLS#: 402893Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Partially Carpeted
- Basement: Bathroom,Bedroom,Kitchen,Rec/Family Area
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Paved
- Has uncovered spaces: Yes
- Details: 1 Space/Unit
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Concrete Driveway, Landscaping
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.36 Acres
- Features: Lawn, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: RGG4393
- Zoning description: R3 - Residential Medium Density
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Split-Foyer,Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Hardboard, Wood Siding
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Heat Detector, Smoke Detector(s)
- Subdivision: Grafs 2nd Addition
HOA
- Has HOA: No
Location
- Region: Bozeman
Financial & listing details
- Tax assessed value: $1,411,518
- Annual tax amount: $6,705
- Date on market: 6/6/2025
- Cumulative days on market: 95 days
- Listing terms: Cash,3rd Party Financing
- Ownership: Full
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Sold | -- |
Source: Big Sky Country MLS #402893 Report a problem | ||
| 9/9/2025 | Pending sale | $995,000 |
Source: Big Sky Country MLS #402893 Report a problem | ||
| 8/30/2025 | Price change | $995,000-9.5% |
Source: Big Sky Country MLS #402893 Report a problem | ||
| 6/6/2025 | Listed for sale | $1,100,000 |
Source: Big Sky Country MLS #402893 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,500 -10.9% | $1,010,900 +12.2% |
| 2024 | $6,174 +6.7% | $900,600 |
| 2023 | $5,787 +16.8% | $900,600 +52.9% |
| 2022 | $4,953 +9.7% | $589,000 |
| 2021 | $4,516 +9.8% | $589,000 +24% |
| 2020 | $4,113 -7.2% | $474,900 |
| 2019 | $4,434 +5.7% | $474,900 +6.8% |
| 2018 | $4,193 +7% | $444,800 |
| 2017 | $3,920 -3.6% | $444,800 +3.2% |
| 2016 | $4,067 | $431,200 |
| 2015 | $4,067 +7.6% | $431,200 +82.9% |
| 2014 | $3,781 +10.4% | $235,732 +4.9% |
| 2013 | $3,424 +3% | $224,703 +5.6% |
| 2012 | $3,323 | $212,744 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $250,300 |
| 2007 | -- | $250,300 |
| 2006 | -- | $250,300 |
| 2005 | -- | $250,300 |
| 2004 | -- | $250,300 |
| 2003 | -- | $250,300 +4.5% |
| 2002 | -- | $239,550 |
| 2000 | -- | $239,550 |
Find assessor info on the county website
Neighborhood: 59715
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Nearby schools
GreatSchools rating
- 7/10Whittier SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Sacajawea Middle SchoolGrades: 6-8Distance: 2.8 mi
- 8/10Bozeman High SchoolGrades: 9-12Distance: 0.2 mi
- Montana
- Gallatin County
- Bozeman
- 59715
- 405 N 16th Ave
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