621 and 617 N Rouse Avenue, Bozeman, MT 59715

$2,025,000

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List Price
$2,025,000
MLS#
411262
Status
PENDING
County
Gallatin
City
Bozeman
Subdivision
Imes Addition
Acres
0.48
Property Subtype
Multi Family

Property Description

Rarely does a property this substantial become available in such a strategic Bozeman location. Offered together, 621 & 617 N Rouse Avenue consist of two separate parcels (6 lots) totaling approximately 0.48 acres with five existing rental units, creating a compelling opportunity for income, land position, and future potential. Set just outside the Cannery District with easy access to Main Street, local restaurants, coffee shops, farmers markets, parks, Bridger Bowl, and Bozeman’s northeast corridor, this property sits in an area that continues to evolve while still offering the character and convenience that make central Bozeman so desirable. The existing improvements provide immediate rental income potential, while the combined parcels create a broader canvas for an investor, developer, or long-term owner with vision. The property includes a mix of unit configurations, city sewer and water, paved road access, tree views, and RA zoning. Whether the next owner chooses to hold the property as a multi-unit investment, improve the existing structures, or explore the future potential of reshaping this corner of Bozeman, the offering is both practical and forward-looking. Opportunities with this combination of location, parcel size, existing income potential, and future flexibility are increasingly rare. Buyer and Buyer’s Agent to verify all information, including square footage, zoning, permitted uses, rental income, redevelopment options, and city requirements. (UNITS ARE OCCUPIED)

Additional Information

Days on Market
69
Year Built
1956
Interior Features
Wood Burning Stove, Window Treatments
Cooling
None, Varies by Unit
Heating
Baseboard
Exterior Features
Private Entrance
Roof
Asphalt, Shingle

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Calculator source: Real Geeks

Courtesy of Tamara Williams with Tamara Williams and Company.