One of the most compelling downtown Bozeman offerings to come to market in years, 617 N Rouse Avenue presents rare flexibility in a beloved and highly accessible location. Set on a generous . 24-acre lot with excellent parking opportunities, this duplex offers strong rental appeal, house-hacking potential, and room to explore future expansion possibilities, because apparently one good investment angle was not enough. Comprised of two separate units, upper and lower, each residence features 2 bedrooms, 1 bathroom, a living room, kitchen, laundry area, and private access on opposite sides of the building. One unit is currently leased, while the other is vacant, creating immediate flexibility for an owner-occupant, investor, or buyer seeking a downtown foothold. Enjoy easy access to Main Street, Fink’s, parks, restaurants, and the everyday energy of downtown Bozeman. Purchase this duplex on its own, or create a larger investment package by including the three units next door at 621 N Rouse Avenue. Opportunities like this are increasingly difficult to find in the core of Bozeman.
Multi-familyProperty Type
1930Year Built
10,454 sq ftLot Size
Listed by Tamara Williams• Tamara Williams and Company
North East, located between Downtown Bozeman and Bridger Canyon, is a residential and mixed-use Bozeman neighborhood with tree-lined blocks and mountain views. The neighborhood’s character concentrates around North 7th Avenue and East Main Street, where coffee counters, local eateries, and small storefronts set a steady, walkable rhythm. Community pillars include the Ellen Theatre, the Emerson Center for the Arts & Culture, and the historic Baxter Hotel downtown. Housing leans to early- and mid-century homes with tidy yards, alongside newer infill near main corridors. Gallatin Valley farmland edges and Bridger foothill sightlines keep the landscape present. Parks and trail connections support an outdoors-forward routine without leaving town.
Provided by Walk Score and Local Logic
Market insights
617 N Rouse Ave · $790,000
DAYS ON MARKET
48 days
The average home goes pending in 213 days.
LIST PRICE
$790,000
Median list price in this area is $1,230,566. (56% higher than this home)
PRICE DROP
0 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Window coverings
Private entrance
Bedrooms
Ground unit with 2 bedrooms
Second unit with 2 bedrooms
Bathrooms
Each unit has 1 full bathroom
Kitchen
Range
Refrigerator
Laundry & utility
Washer hookup
Washer and dryer included
Flooring
Tile
Other
Heating & cooling
Baseboard heating
No central cooling
Exterior features
Patio
Daylight basement with walk-out access
Has a view
Paved road frontage
Home design
One-story building
Duplex (residential income property)
Parking
Common parking
Gravel parking areas
On-street parking
Security
Smoke detector(s)
Construction
Has basement
Utilities
Public water
Public sewer
Electricity available
Water available
Sewer available
Financial info
Investor-oriented: two rental units (both 2 bed / 1 bath); one unit shows actual rent $1,700
Electricity and solar
View estimated energy costs and solar savings for this home
One of the most compelling downtown Bozeman offerings to come to market in years, 617 N Rouse Avenue presents rare flexibility in a beloved and highly accessible location. Set on a generous . 24-acre lot with excellent parking opportunities, this duplex offers strong rental appeal, house-hacking potential, and room to explore future expansion possibilities, because apparently one good investment angle was not enough. Comprised of two separate units, upper and lower, each residence features 2 bedrooms, 1 bathroom, a living room, kitchen, laundry area, and private access on opposite sides of the building. One unit is currently leased, while the other is vacant, creating immediate flexibility for an owner-occupant, investor, or buyer seeking a downtown foothold. Enjoy easy access to Main Street, Fink’s, parks, restaurants, and the everyday energy of downtown Bozeman. Purchase this duplex on its own, or create a larger investment package by including the three units next door at 621 N Rouse Avenue. Opportunities like this are increasingly difficult to find in the core of Bozeman. Listing agent must accompany all showings. Please contact Listing Agent to schedule, 24 hours' notice minimum as tenants are in place. Proof of funds must be available for all showing requests. More photos may be available for pre-approved buyers. All information is deemed reliable, Buyer and Buyer's Agent to verify--square footage is estimated as Cadastral does not break down units. OWNER PAYS LAWN CARE, SEWER, GARBAGE
MRMLS #30077012
Aug 17, 2026
Listed
$2,025,000
+56
Rarely does a property this substantial become available in such a strategic Bozeman location. Offered together, 621 & 617 N Rouse Avenue consist of two separate parcels (6 lots) totaling approximately 0.48 acres with five existing rental units, creating a compelling opportunity for income, land position, and future potential. Set just outside the Cannery District with easy access to Main Street, local restaurants, coffee shops, farmers markets, parks, Bridger Bowl, and Bozeman’s northeast corridor, this property sits in an area that continues to evolve while still offering the character and convenience that make central Bozeman so desirable. The existing improvements provide immediate rental income potential, while the combined parcels create a broader canvas for an investor, developer, or long-term owner with vision. The property includes a mix of unit configurations, city sewer and water, paved road access, tree views, and RA zoning. Whether the next owner chooses to hold the property as a multi-unit investment, improve the existing structures, or explore the future potential of reshaping this corner of Bozeman, the offering is both practical and forward-looking. Opportunities with this combination of location, parcel size, existing income potential, and future flexibility are increasingly rare. Buyer and Buyer’s Agent to verify all information, including square footage, zoning, permitted uses, rental income, redevelopment options, and city requirements. (UNITS ARE OCCUPIED) Listing agent must accompany all showings. Please contact Listing Agent to schedule. 24 hours' notice minimum as tenants are in place. Proof of funds must be available for all showing requests. No interior photos available per respect of tenants' privacy, BUT ARE AVAILABLE FOR PRE-APPROVED BUYERS. All information is deemed reliable, Buyer and Buyer's Agent to verify--square footage is estimated as Cadastral does not break down units.
MRMLS #30071255
Jul 24, 2026
Contingent
—
May 15, 2026
Listed
$2,025,000
MRMLS #30073675
Jul 24, 2026
Contingent
—
May 15, 2026
Listed
$790,000
Public Records
Apr 11, 2001
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$4,173 (−15.1%)
$545,293 + $115,707
$661,000
2024
$4,913 (+15.7%)
$545,293 + $115,707
$661,000
2023
$4,248 (+23.8%)
$506,361 + $153,839
$660,200
2022
$3,432 (+8.9%)
$506,361 + $153,839
$660,200
2021
$3,151 (+9.1%)
$386,607 + $20,493
$407,100
2020
$2,888 (−2.2%)
$386,607 + $20,493
$407,100
2019
$2,954 (+25.6%)
$298,066 + $40,234
$338,300
2018
$2,352 (+7.0%)
$298,066 + $40,234
$338,300
2017
$2,199
$209,121 + $40,379
$249,500
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,500 Sq. Ft.
Year renovated
1985
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,680
Year built
1930
Style
Multi-Family (5+ Unit)
County
Gallatin County
APN
06-0799-06-3-07-11-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
R-2
Residential Moderate Density District
The intent of the R-2 residential moderate density district is to provide for one- and two-household residential development at urban densities within the city in areas that present few or no development constraints. These purposes are accomplished by: Providing for minimum lot sizes in developed areas consistent with the established development patterns while providing greater flexibility for clustering lots and housing types in newly developed areas.; Providing for community facilities to serve such development while respecting the residential quality and nature of the area.; Use of this zone is appropriate for areas with moderate access to parks, community services and/or transit.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 88° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Bozeman, MT • 59715
Average low and high temperatures (°F)
34
17
39
18
52
32
55
32
67
43
73
48
85
57
81
54
75
48
60
37
46
28
43
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Bozeman. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.