1714 S 19th Avenue
Bozeman, Montana 59718
$10,999,000MLS #403946
Listing Details
- 1.06Acres
- $10,999,000Price
Exceptional investment opportunity in one of Montana’s fastest-growing markets. Located at 1714 S 19th Ave, this turn-key multifamily property features 32 fully renovated units across three buildings, just minutes from Montana State University, downtown Bozeman, and major commercial corridors. Each unit is approximately 800 SF and offers a 2 bed / 1 bath layout, thoughtfully updated with new luxury vinyl plank flooring, dual-pane windows, fresh interior and exterior paint (and siding), stainless steel appliances, butcher block countertops, new cabinetry, and modern lighting and plumbing fixtures. Residents enjoy ample off-street parking, landscaped green space, and proximity to public transit, shopping, restaurants, and recreational amenities. A strong professional management team is already in place, and once the remodel is complete (set for August 2025) the remaining units will be leased. With an average rent of $1825 per unit, and with maintenance costs lowered significantly thanks to the substantial remodel, the complex stands to operate at a ~5% cap rate once complete. In the intermediate to longer term, there is considerable rental income upside as demand for apartments in the MSU/19th corridor continues to rise. This is a rare opportunity to acquire a fully modernized, stabilized asset with growth potential in a high-demand rental market.
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Additional Features
- Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator - City
Bozeman - Construction Materials
Hardboard - Contract Status Change Date
2025-07-09 - Cooling
Ceiling Fans - Directions
Corner of Remington and S 19th - Flooring
Laminate, Partially Carpeted - Heating
Baseboard, Electric - Heating
Yes - Latitude
45.661686 - Levels
Three Or More - Listing Contract Date
2025-07-09 - Listing Key
1118957164 - List Price
10999000 - Longitude
-111.062460 - Lot Size Acres
1.06000 - Lot Size Square Feet
46174 - MLS Area Major
Bozeman City Limits - MLS Area Minor
1 N E - Boz N of Main/ E of 19th - MLS Status
Active - Original List Price
10999000 - Originating System Name
S W M T - Parcel Number
R G G1352 - Parking Features
Common - Photos Count
37 - Postal Code
59718 - Property Sub Type
Multi Family - Property Type
Residential Income - Roof
Asphalt - Sewer
Public Sewer - Standard Status
Active - Stories
3 - Subdivision Name
Remington Addition - Tax Annual Amount
39908 - Tax Legal Description
REMINGTON ADD, S13, T02 S, R05 E, LOT 1, PLAT I-20A LESS HWRW - Unparsed Address
1714 S 19th Avenue - Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Water Available - Water Source
Public - Year Built
1975

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Listing Provided By The Agency Bozeman, Jeremy Seglem
Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.