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Off Market

1232 N 8th Ave

Bozeman MT 59715

Multi-Family

Overview

Exceptional income-producing triplex featuring three fully independent units on nearly half an acre of prime R3-zoned land. This rare offering presents immediate rental income plus significant future development potential with the ability to add an additional ADU. The property consists of an upper unit, basement unit, and detached ADU, all situated on two separate lots adjacent to a city park and creek. Mature trees provide natural privacy and create a secluded, park-like setting. The charming 1950’s upper unit welcomes you with a beautiful screened sunporch, lovingly restored oak hardwood floors throughout, and a cozy brick fireplace anchoring the spacious living room. The remodeled kitchen opens to the dining area and laundry room, while two bedrooms and one full bath complete this unit. The basement unit features a spacious family room with gas fireplace, large bedroom with walk-in closet, remodeled kitchen with new appliances (washer and dryer included), and a completely updated 3/4 bath with large tiled shower. The recently rebuilt detached ADU studio offers complete independence with its own entrance, full kitchen, laundry, and gas fireplace—ideal for maximizing rental income or accommodating extended family. Additional property features include a fenced backyard, dog run, fire pit area, extensive garden beds with shed, and a 10’ x 20’ insulated workshop with electricity. The 100-foot driveway and double covered carport provide ample parking for all three units. With R3 zoning allowing for additional ADU construction and an excellent location near Main Street, Oak and 7th, this property creates outstanding potential for even greater income generation.????????????????

Features

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Bozeman over the last 12 months.

Property history for 1232 N 8th Ave

2026
Sold
Undisclosed
20 Apr 2026
2024
Sold
Undisclosed
09 Jul 2024 by KADE EMBRY, of Coldwell Banker
2019
Sold
Undisclosed
08 Mar 2019 by Sandy Lee

Happy sellers in Bozeman

87%
87% of sellers in Bozeman reported that their sale price either exceeded or met their price expectations.

Bozeman stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Bozeman over the last 12 months.

Local market activity for multi families in Bozeman

In the last 12 months, 1 multi family similar to 1232 N 8th Ave, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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