420 N 6th Avenue, Bozeman, MT 59715
Local realty services provided by:ERA Landmark Real Estate
420 N 6th Avenue,Bozeman, MT 59715
$1,149,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: jennifer kelly
Office: exp realty, llc.
MLS#:410378
Source:MT_BZM
Price summary
- Price:$1,149,000
About this home
Exceptional income-producing 4-plex just blocks from downtown Bozeman. This well located property delivers immediate returns with a strong 7% CAP rate and the stability of long-term leases already in place across all units.
The property features a highly desirable unit mix, including two 3-bedroom, 1-bath units (one with a detached garage) alongside two studios, capturing multiple segments of Bozeman’s high-demand rental pool and helping mitigate vacancy risk.
What truly sets this property apart is its proven short-term rental history. Previously operated as a successful Airbnb, all units are currently fully furnished and equipped—including dishes, housewares, and operational essentials—positioning a new owner to seamlessly transition back to short-term rentals if desired. The basement office and storage area further enhance this opportunity, offering the infrastructure needed to efficiently manage a furnished rental portfolio or hybrid model.
Whether maintained as a stabilized long-term investment or repositioned for higher-yield short-term income, this asset delivers rare optionality. With Bozeman's continued population growth, limited inventory, and strong rental demand, this is a strategic acquisition for investors seeking both immediate yield and long-term appreciation.
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Home facts
- Year built:1960
- Listing ID #:410378
- Added:8 day(s) ago
- Updated:April 25, 2026 at 07:31 AM
Rooms and interior
- Kitchen Description:Dishwasher
- Basement:Yes
- Basement Description:Bedroom, Egress Windows
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1960
- Lot area:0.17 Acres
- Lot Features:Landscaped, Lawn
- Architectural Style:Fourplex
- Exterior Features:Concrete Driveway, Landscaping
- Levels:1 Story
Utilities
- Water:Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,149,000
- Tax amount:$5,364 (2025)
Features and amenities
- Laundry features:Dryer, In Basement, Laundry Room, Washer
Parking
- Parking description:Assigned, Garage Door Opener
- Garage:Yes
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