#399827, Kelsey Renevier, Listing office: Coldwell Banker Distinctive Pr
Property details
About 1714 S 19th Ave
Exceptional investment opportunity in one of Montana’s fastest-growing markets. Located at 1714 S 19th Ave, this turn-key multifamily property features 32 fully renovated units across three buildings, just minutes from Montana State University, downtown Bozeman, and major commercial corridors. Each unit is approximately 800 SF and offers a 2 bed / 1 bath layout, thoughtfully updated with new luxury vinyl plank flooring, dual-pane windows, fresh interior and exterior paint (and siding), stainless steel appliances, butcher block countertops, new cabinetry, and modern lighting and plumbing fixtures. Residents enjoy ample off-street parking, landscaped green space, and proximity to public transit, shopping, restaurants, and recreational amenities. A strong professional management team is already in place, and once the remodel is complete (set for August 2025) the remaining units will be leased. With an average rent of $1825 per unit, and with maintenance costs lowered significantly thanks to the substantial remodel, the complex stands to operate at a ~5% cap rate once complete. In the intermediate to longer term, there is considerable rental income upside as demand for apartments in the MSU/19th corridor continues to rise. This is a rare opportunity to acquire a fully modernized, stabilized asset with growth potential in a high-demand rental market.
Highlights
Summary
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Flooring Type: Laminate, Partially Carpeted
- Parking: Common
- Heating: Baseboard, Electric
- Cooling: Ceiling Fan(s)
- List Price: $10,999,000
- Directions: Corner of Remington and S 19th
- Year Built: 1975
- Stories: 3
- Lot Size: 1.06 Acres
- MLS Number: 403946
- MLS Name: SWMT
- Office Name: The Agency Bozeman
- Office Phone: (406) 551-2345
- Office Email: joy@gallatinrealestatemt.com
- Listing Agent: Jeremy Seglem
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© 2025 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/11/2025, 5:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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Nearby schools
8
Morning Star Elementary School
Public District KG-5
1.0 mi
•830 W Arnold St
6
Irving Elementary School
Public District KG-5
1.0 mi
•811 W Alderson St
8
Longfellow Elementary School
Public District KG-5
1.5 mi
•516 S Tracy Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,981. The most common annual income of people living in Bozeman, MT is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
Living in Bozeman, MT
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.
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.
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.
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.
About 1714 S 19th Ave
The listing price of 1714 S 19th Ave property is $10,999,000.
The property 1714 S 19th Ave is a multi located in Bozeman, Montana, 59718.
Active Listing: 1714 S 19th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1714 S 19th Ave are: Morning Star Elementary School (GreatSchools Rating 8/10), Irving Elementary School (GreatSchools Rating 6/10), Longfellow Elementary School (GreatSchools Rating 8/10), Sacajawea Middle School (GreatSchools Rating 6/10), Chief Joseph Middle School (GreatSchools Rating 6/10), Monforton 6-8 (GreatSchools Rating 10/10), Bozeman High School (GreatSchools Rating 7/10), Belgrade High School (GreatSchools Rating 5/10), Manhattan High School (GreatSchools Rating 6/10).
The year of construction for 1714 S 19th Ave is 1975.
This home is located at 1714 S 19th Ave in Bozeman, MT and zip code 59718. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $10,999,000.
In June 2025 more than 18 listings in Bozeman, MT were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 63 were sold below. The inventory of homes for sale in Bozeman, MT between May and June 2025 increased by 15.2%. The median list price of listings available in June 2025 was $750,000, while the average time on the real estate market was 52 days.