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Image 1 - 509/511 N 16th, Bozeman, Montana, 59715 - House for sale
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Home For Sale In Bozeman, Montana
509/511 N 16th, Bozeman, Montana, 59715

Home For Sale In Bozeman, Montana

house for sale
Listed: 02/11/24

509/511 N 16th, Bozeman, Montana, 59715

Studio Bed:
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Price
$ 1,19M

About This House

Calling all investors! Fully leased duplex with value add development opportunity to build a 1566 sqft 3 bedroom, 2.5 bathroom ADU with an oversized 2 car garage. The plans approved with the City of Bozeman are shovel ready for the 2 story ADU with 1566 feet of living space and a 572 sqft garage! The existing structure highlights 3 bedrooms and 1 bath upstairs and 3 bedrooms 1 bath downstairs and both units are fully leased! The large bedrooms and and open kitchens are flooded with natural light from the windows. Tenants share the garage, 1 spot for each unit. The duplex sits on a large lot with access from N 16th street and the future ADU would be alley access. Capitalize on a fully leased duplex while you build the additional ADU structure.

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Oak Meadows Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Oak Meadows, Bozeman, United States averaged $798,153, an increase of 5.3% from the previous month.
Median price trends for properties for sale in Oak Meadows, Bozeman, United States as of June 2024.

Household Income

Median household income: $49,217
Number of households: 18,114
The average household income in Bozeman, MT grew from $48,612 to $49,217 in the past year. This data is an estimate based upon 18,114 households in Bozeman, MT.
The chart below presents how household income is distributed in Bozeman, MT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bozeman, MT compared to median property taxes around the country. The prevalent amount of property taxes in Bozeman, MT equals $2k-$3k , which is less than the national average.