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Exceptional income-producing 4-plex just blocks from downtown Bozeman. This well located property delivers immediate returns with a strong 7% CAP rate and the stability of long-term leases already in place across all units. The property features a highly desirable unit mix, including two 3-bedroom, 1-bath units (one with a detached garage) alongside two studios, capturing multiple segments of Bozeman’s high-demand rental pool and helping mitigate vacancy risk. What truly sets this property apart is its proven short-term rental history. Previously operated as a successful Airbnb, all units are currently fully furnished and equipped—including dishes, housewares, and operational essentials—positioning a new owner to seamlessly transition back to short-term rentals if desired. The basement office and storage area further enhance this opportunity, offering the infrastructure needed to efficiently manage a furnished rental portfolio or hybrid model. Whether maintained as a stabilized long-term investment or repositioned for higher-yield short-term income, this asset delivers rare optionality. With Bozemans continued population growth, limited inventory, and strong rental demand, this is a strategic acquisition for investors seeking both immediate yield and long-term appreciation. Contact your local real estate agent to view a virtual tour and to schedule an in-person tour.

• Acres
  0.1692
• Days on Market
  1

Additional Features

• Appliances
  Dishwasher, Dryer, Washer
• Architectural Style
  Fourplex
• Basement
  Bathroom, Bedroom, Egress Windows, Kitchen
• City
  Bozeman
• Contract Status Change Date
  2026-04-15
• Cooling
  None
• Cumulative Days On Market
  211
• Directions
  N. on 7th from Main St. Right on Durston, Right on 6th. House on Left.
• Garage
  Yes
• Heating
  Baseboard
• Heating
  Yes
• Latitude
  45.683712
• Levels
  One
• Listing Contract Date
  1
• Listing Key
  1157723035
• List Price
  1149000
• Longitude
  -111.044735
• Lot Features
  Lawn, Landscaped
• Lot Size Acres
  0.1692
• Lot Size Square Feet
  7370
• 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
  1149000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  R G G6207
• Parking Features
  Assigned, Garage Door Opener
• Photos Count
  46
• Postal Code
  59715
• Property Sub Type
  Quadruplex
• Property Type
  Residential Income
• Sewer
  Public Sewer
• Standard Status
  Active
• Stories
  1
• Subdivision Name
  Violett Addition
• Tax Annual Amount
  5364
• Tax Legal Description
  VIOLETT ADD, S12, T02 S, R05 E, BLOCK 4, LOT 14, & N17 LOT 13 PLAT E-1
• Tax Year
  2025
• Unparsed Address
  420 N 6th Avenue
• Utilities
  Sewer Available, Water Available
• Water Source
  Public
• Year Built
  1960

Let me show you this listing!