Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.
Property Details
Property Features
Property Information:
Year Built: 1925
Listing Office:
Office Name: The Agency Bozeman
Office Phone: (406) 551-2345
Listing Agent: Jeremy Seglem
Interior Features
Interior Information:
Flooring Type: Hardwood, Partially Carpeted
Exterior Features
Exterior Information:
Waterfront: None
Parking Information:
Parking: Common, Garage
Lot Features
Lot Information:
Lot Size: 0.30 Acres
Utilities
Utilities Information:
Heating: Baseboard, Forced Air
Cooling: Varies By Unit
Other
Directions Information:
Directions: The 2 properties south of Black & Olive
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Tax Information:
Annual Amount: $2,837
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Bozeman, MT.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Longfellow Elementary School
516 S Tracy Ave
Distance between this listing and this school0.28 miles
Public District Grades KG-5
8
/10
Hawthorne Elementary School
405 E Mendenhall St
Distance between this listing and this school0.34 miles
Public District Grades KG-5
6
/10
Irving Elementary School
811 W Alderson St
Distance between this listing and this school0.69 miles
Public District Grades KG-5
Nearby Schools
6
/10
Sacajawea Middle School
3525 S 3rd Rd
Distance between this listing and this school2.42 miles
Public District Grades 6-8
6
/10
Chief Joseph Middle School
4255 Kimberwicke St
Distance between this listing and this school3.49 miles
Public District Grades 6-8
10
/10
Monforton 6-8
6001 Monforton School Rd
Distance between this listing and this school6.52 miles
Public District Grades 6-8
Nearby Schools
5
/10
Bozeman High School
205 N 11th Ave
Distance between this listing and this school0.89 miles
Public District Grades 9-12
6
/10
Belgrade High School
303 N Hoffman St
Distance between this listing and this school10.05 miles
Public District Grades 9-12
6
/10
Manhattan High School
416 N Broadway St
Distance between this listing and this school19.11 miles
The neighbors living near this home have an average income of $41,386. Typical income of Bozeman, MT residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Bozeman, MT
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Bozeman, MT?
The housing landscape in Bozeman is characterized by a mix of architectural styles, with single-family homes being a significant part of the market. There is a presence of modern, craftsman, and ranch-style homes, reflecting the area's blend of contemporary and traditional influences. The market also includes a selection of apartments and townhouses, accommodating a range of living preferences. The majority of the homes were constructed during a period of growth in the late 20th century, with many neighborhoods featuring properties from this era.
Is Bozeman, MT a good place to live?
Bozeman prides itself on its vibrant community spirit and outdoor lifestyle, with the city's proximity to natural wonders like Yellowstone National Park and Bridger Bowl Ski Area shaping its character. The community is celebrated for its annual events such as the Sweet Pea Festival, which showcases local arts and culture, and the Bozeman Stampede Rodeo, reflecting the area's rich western heritage.
Are things conveniently located in Bozeman, MT?
Bozeman offers a comprehensive array of services to its residents. The educational system includes several public and private schools, catering to various educational needs from elementary to high school levels. The city is also home to Montana State University, providing higher education opportunities. Healthcare services are robust, with a major hospital and numerous clinics offering a range of medical care. The public library system serves as a resourceful hub for learning and community engagement. Retail and dining options are plentiful, with local businesses and restaurants reflecting the unique flavors and culture of the region.
What does the transportation in Bozeman, MT look like?
Transportation in Bozeman features a selection of options for residents and visitors. The city's public transit system provides routes connecting key areas, with schedules designed to accommodate the needs of the community. While specific ride-sharing services are available, the city also encourages eco-friendly transportation, with bike lanes and trails for cyclists and pedestrians. The road network includes access to major highways, facilitating travel to nearby cities and natural attractions. Recent efforts have been made to enhance the efficiency and accessibility of the transportation infrastructure to support the growing population.
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This home is located at 210 S Black Ave in Bozeman, MT and zip code 59715. This home, which was built in 1925, sits on a 0.30 acre lot. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $3,100,000.
Bozeman, MT housing market in October 2024 saw over 6 listings sold above listed price, more than 13 sold at listed price and over 56 sold below. The inventory of homes for sale in Bozeman, MT between September 2024 and October 2024 increased by 2.2%. Listings spent 42 days on the market in October 2024, and had a median list price of $750,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
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