Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Concrete, Common, Garage, Paved

  • Patio and Porch Features

    Covered, Patio, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Landscaped

  • Lot Size(acres)

    0.146

  • Lot Size(square feet)

    6359.76

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $830,000

  • Tax Amount

    $4,475

  • Zoning

    RA

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    One

  • Sewer

    Public Sewer

  • Water Source

    Public

Property Amenities

  • Fencing

    Partial

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Location

County

Gallatin

Elementary School

Middle School

High School

Listing Courtesy of Kathy Simkins , Berkshire Hathaway - Bozeman

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Located just a few blocks from Montana State University, this property at 1302 S. 3rd offers versatility, space, and an exceptional Bozeman location. With 5 bedrooms and 2 bathrooms, the home is filled with natural light from large windows and features hardwood flooring, new carpet on the main level, and updated bathrooms. Abundant built-in cabinetry provides excellent storage, while the private patio creates a quiet outdoor retreat.

Designed with flexibility in mind, the property can function as a duplex, a single-family home with a separate apartment, or be enjoyed as one spacious single-family residence. The layout is ideal for MSU students, multi-generational living, or generating rental income, with the option to live on the main level and rent out the lower level.

Walk or bike to campus, grab coffee downtown, explore nearby trails, and take full advantage of everything Bozeman has to offer. This is more than a home—it’s a chance to settle into a lifestyle defined by convenience, character, and connection to the community.

1302 S 3rd

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A rare offering in Bozeman's coveted Bon Ton Historic District — built in 1902 and thoughtfully converted into five income-producing apartments on one of the most walkable blocks south of Main Street. Tree-lined streets, historic mansions, and the city's most architecturally distinguished residential corridor define the address. Downtown Bozeman, Montana State University, Cooper Park and various trail systems are all within an easy stroll or short bike ride.

Set on an 8,400+ square foot lot in the heart of the historic core, the property delivers what the Bozeman market almost never offers in one package: an irreplaceable in-town location, a stabilized rent roll, and a meaningful redevelopment path. The five-unit configuration produces consistent income with rents currently positioned below market — a built-in lever for the next owner to realize immediate upside through routine turnover and modernization, without speculative assumptions.

Beyond the in-place cash flow, the long-term value sits in the land. Bozeman's historic neighborhoods near downtown have become the city's most contested and sought-after development ground, and the Bon Ton has been repeatedly cited by city planners as a model of the "missing middle" density Bozeman is actively encouraging. The lot's location, dimensions, and existing multi-unit use position the property as one of the rare in-fill opportunities in Bozeman's most desirable submarket — a hold-for-yield asset today, with optionality for the next owner to reimagine the site. Opportunities like this on one of the most prestigious blocks in Bozeman don't come around that often.
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Located just a few blocks from Montana State University, this duplex at 1302 S. 3rd offers versatility, space, and an exceptional Bozeman location. With 5 bedrooms and 2 bathrooms, the home is filled with natural light from large windows and features hardwood flooring, new carpet on the main level, and updated bathrooms. Abundant built-in cabinetry provides excellent storage, while the private patio creates a quiet outdoor retreat. The flexible layout is ideal for MSU students, a multi-generational living arrangement, or as a single-family residence, with the option to live on the main level and rent out the lower level. Walk or bike to MSU, grab coffee downtown, explore nearby trails, and take full advantage of everything Bozeman has to offer. This is more than a home — it’s a chance to settle into a lifestyle defined by convenience, character, and connection to the community.
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