Income Potential Meets Prime Location
Unlock a smart investment opportunity just blocks from downtown Bozeman and The Elm, with trail access and amenities out your doorstep—all without the premium price tag.
Investor’s Edge: This established duplex-style property offers immediate rental income with separate upper and lower living spaces. It's ideal for a long-term hold rental strategy in one of Bozeman’s downtown neighborhoods.
Live-In Income Model: For owner-occupants, live comfortably in one unit while generating income from the other—a rare chance to enjoy Bozeman living while significantly offsetting your mortgage.
Upside Potential: While maintaining its vintage charm, the home invites creative updates or value-add improvements. Explore options like modern renovations, a garage addition, or even a possible ADU (Accessory Dwelling Unit) with the R4 zoning to further maximize returns.
Layout Highlights:
Upper Unit: 2 large bedrooms, full bath, spacious living area, kitchen, and private fenced backyard with smoker and shed.
Lower Unit: Remodeled with 2 large bedrooms, full kitchen, modern bath, and separate shared laundry for added privacy and function.
This flexible, income-generating property is a rare find in central Bozeman—perfectly suited for both savvy investors and buyers looking to build equity while earning.
Sold on 10/07/25
Price Unknown
815 N Grand Ave, Bozeman, MT 59715
4beds
2baths
--sqft
Duplex, Multi Family, Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$--/sqft
$2,666 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 04:27pm
Listed by:
Courtney King 406-581-4078,
Engel & Volkers - Bozeman
Bought with:
Bobby Goodman, BRO-54946
Big Sky Sotheby's - Bozeman
Source: Big Sky Country MLS,MLS#: 403935Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer
- Laundry: In Basement
Features
- Window Treatments
- Flooring: Hardwood, Laminate, Tile
- Windows: Window Coverings
- Basement: Bathroom,Bedroom,Daylight,Egress Windows,Kitchen,Rec/Family Area
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Gravel, Off Site
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Landscaping
- Fencing: Partial
- Waterfront features: None
Lot
- Size: 5,000 sqft
- Features: Lawn, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: RGH3697
- Zoning description: R4 - Residential High Density
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Hardboard
- Roof: Asphalt,Shingle
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Bozeman
- Subdivision: Imes Addition
Other
Other facts
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Ownership: Full