514 23Rd AveBozeman, MT 59718

This exceptional Class A multifamily property, located at 514 & 516 N 23rd Avenue in Bozeman, Montana, presents a lucrative investment opportunity. The 2-story, 2,726 square foot duplex, built in 2001, sits on a 0.24-acre lot and is zoned R2 - Residential Two-Household M. Each of the two units boasts 5 bedrooms and 3 bathrooms, offering a total of 10 bedrooms. The units feature open kitchens, living areas with wood flooring and bay windows, and direct access to a shared backyard with mature trees. The main floor of each unit includes an ensuite master bedroom, two additional bedrooms, and a central bathroom. The lower level provides two more bedrooms, a laundry area, and a bonus room. Recent updates include new carpeting, appliances, hot water heaters, and fresh paint throughout. Exterior improvements include a new roof, gutters, and sprinkler system. The property currently has 50% occupancy and offers 3 parking spaces per unit. This property is ideally situated near parks, schools, Montana State University, shopping, and transportation, making it highly attractive to renters. The asking price is $1,285,000, translating to $235 per square foot. This represents a unique opportunity to acquire a well-maintained, high-demand property in Bozeman's competitive real estate market, suitable for both owner-occupancy and rental income generation. The property's size and layout cater to the underserved affordable housing market for larger families and groups in Bozeman.