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Opportunity knocks - This unique and high performing triplex offers a trifecta of built-in value: a historic footprint, a proven income stream for over 25 years and a coveted location in the heart of historic Bozeman. First time on market in over 25 years! Situated just blocks from Main Street shopping, dining and amenities and minutes to Montana State University, this property is the perfect blend of location and lucrative investment potential. Fully rented and priced to sell at a 5.8% cap rate, the property consists of three intentionally built units. The front unit is a charming Queen Anne style two story home – known as the Susan Kirk Residence. Featuring up to 5 beds: 4 conventional beds plus a walk-through flex/office and two baths. The main floor features spacious living areas, kitchen and bath. The home has been well maintained and includes a side driveway for parking, enclosed front and rear entryways and retains its historic charm with colorful paint and gingerbread elements including scalloped shingles and a variety of exterior siding textures. An attached duplex features Piping Plovers from the Craigshead Institute’s Murals of threatened and Endangered Species Project. The duplex consists of two side by side units, each with 5 bedrooms and 2.5 bathrooms, featuring spacious living and kitchen areas and additional flex space. An expandable rooftop solar array is connected to the north duplex unit and features EV charging. Concrete parking area features parking for 4 vehicles. A 2-car detached garage is currently used by the owners includes space for a shop/storage. There are several communal bike storage areas on the property including a covered pavilion. Yard spaces have been improved with thoughtful native landscaping and raised garden planters for the occupants to enjoy. Mature trees and shrubs allow for privacy and shade in summer. Many possibilities exist to make the property your own (maintain/condex/development). This is a wonderfully convenient southside Bozeman location – only minutes to Montana State University, hospital, shopping, breweries, music venues, grocery stores, restaurants, services and amenities. Only 25 minutes to Bridger Bowl, 30 minutes to blue ribbon fly-fishing and river recreation, and 1 hour to Big Sky. Please don’t disturb the tenants – shown by advanced appointment only. Don’t miss the VR Matterport Tour.

• Days on Market
  87

Additional Features

• Appliances
  Dryer, Washer
• Architectural Style
  Contemporary, Victorian
• Association Amenities
  Sidewalks
• City
  Bozeman
• Construction Materials
  Hardboard, Shingle Siding, Shake Siding, Wood Siding
• Contract Status Change Date
  2026-02-02
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  85
• Directions
  Contact listing agent.
• Documents Count
  9
• Exclusions
  Owner’s personal property. Tenant’s personal property. Weather station on 301 W Story. Verizon wifi modem in garage.
• Fireplace Features
  Gas
• Fireplace
  Yes
• Flooring
  Hardwood, Laminate, Partially Carpeted
• Garage
  Yes
• Heating
  Baseboard, Electric, Radiant Floor, Stove
• Heating
  Yes
• Interior Features
  Fireplace
• Latitude
  45.674486
• Levels
  Other
• Listing Contract Date
  87
• Listing Key
  1152084582
• List Price
  2695000
• Longitude
  -111.041869
• Lot Features
  Landscaped
• MLS Area Major
  Bozeman City Limits
• MLS Area Minor
  1 S M - Boz Main to Kagy
• MLS Status
  Active
• Original List Price
  2695000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  R G G2194
• Parking Features
  Common, Garage, On Street
• Patio And Porch Features
  Covered, Porch
• Photos Count
  73
• Postal Code
  59715
• Property Sub Type
  Triplex
• Property Type
  Residential Income
• Road Surface Type
  Paved
• Roof
  Asphalt
• Sewer
  Public Sewer
• Standard Status
  Active
• Street Additional Info
  301 W Story St Units N & S
• Subdivision Name
  Park Addition
• Tax Annual Amount
  9057.00
• Tax Legal Description
  By Title : Lots 10, 11 and 12 in Block 28 of Park Addition to Bozeman, Gallatin County, Montana, according to the official plat thereof on file and of record in the office of the County Clerk and Recorder of Gallatin county, Montana. [Plat C-2]
• Tax Year
  2025
• Unparsed Address
  419 S 3rd Avenue
• Utilities
  Electricity Available, Natural Gas Available, Sewer Available, Water Available
• View
  Trees Woods
• Waterfront Features
  None
• Water Source
  Public
• Year Built
  1981

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