Exceptional investment opportunity in the heart of Bozeman! This well-located duplex at 521/523 N 21st Avenue offers the ideal combination of strong rental potential, desirable location, and long-term appreciation in one of Montana's most sought-after real estate markets.
Situated just minutes from Montana State University, Downtown Bozeman, shopping, restaurants, schools, parks, and major employers, this income-producing property is perfectly positioned to attract quality tenants year-round. The duplex features two separate units, making it an excellent opportunity for investors seeking immediate cash flow, a house-hacking opportunity, or the flexibility to live in one unit while generating rental income from the other.
Built in 1978, the property sits on a generous corner lot in the established West Park Manor neighborhood and is zoned for two-household residential use. The property's location near Durston Road and North 19th Avenue provides convenient access to everything Bozeman has to offer while maintaining the charm of a residential neighborhood.
Whether you're expanding your investment portfolio, completing a 1031 exchange, or purchasing your first income property, this duplex offers the versatility today's buyers are looking for. With Bozeman's continued population growth, strong rental demand, and historically limited housing inventory, multifamily properties remain highly desirable assets.
For sale
Price cut: $50K (10/27)
$675,000
521 N 21st Ave, Bozeman, MT 59718
4beds
2baths
--sqft
Duplex, Multi Family, Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two separate unitsGenerous corner lot
- 105 days
- 501
- 47
Zillow last checked:
Listing updated:
Listed by:
Sunny Odegard 406-570-4931,
Starner Commercial Real Estate
Source: Big Sky Country MLS,MLS#: 413307Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Garage
- Has garage: Yes
- Details: 1 Space/Unit
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: RGG6509
- Zoning description: RA
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: West Park Manor
HOA
- Has HOA: No
Location
- Region: Bozeman
Financial & listing details
- Tax assessed value: $719,308
- Annual tax amount: $3,664
- Date on market: 7/28/2026
- Cumulative days on market: 106 days
- Listing terms: 1031 Exchange,3rd Party Financing
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2026 | Price change | $675,000-6.9% |
Source: Big Sky Country MLS #413307 Report a problem | ||
| 7/28/2026 | Listed for sale | $725,000+31.8% |
Source: Big Sky Country MLS #413307 Report a problem | ||
| 6/10/2022 | Sold | -- |
Source: Big Sky Country MLS #368857 Report a problem | ||
| 4/11/2022 | Pending sale | $550,000 |
Source: Big Sky Country MLS #368857 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,931 -7.7% | $600,600 +29.6% |
| 2024 | $3,176 +6.7% | $463,300 |
| 2023 | $2,977 +0% | $463,300 +30.9% |
| 2022 | $2,976 +9.7% | $353,900 |
| 2021 | $2,713 +2.2% | $353,900 +15.5% |
| 2020 | $2,654 -7.2% | $306,500 |
| 2019 | $2,862 +6.1% | $306,500 +7.2% |
| 2018 | $2,697 +7% | $285,800 |
| 2017 | $2,522 +1% | $285,800 +8.1% |
| 2016 | $2,496 | $264,400 |
| 2015 | $2,496 +20.6% | $264,400 +105.2% |
| 2014 | $2,070 +10.7% | $128,850 +5% |
| 2013 | $1,870 +3.2% | $122,684 +5.8% |
| 2012 | $1,811 | $116,001 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $135,300 |
| 2007 | -- | $135,300 |
| 2006 | -- | $135,300 |
| 2005 | -- | $135,300 |
| 2004 | -- | $135,300 |
| 2003 | -- | $135,300 +18.4% |
| 2002 | -- | $114,288 |
| 2000 | -- | $114,288 |
Find assessor info on the county website
Monthly payment
Est. payment





