Ideally located just minutes from downtown, this thoughtfully configured property offers flexibility, functionality, and strong rental appeal. Currently set up with separate upper and lower living spaces, each level features its own bedroom, bathroom, kitchen area, and private entrance with keypad access — making it well-suited for long-term rental, short-term stays, or multigenerational living. The upper level operates successfully as a short-term rental and has been thoughtfully updated, while the lower level has been leased long-term, creating a proven income-producing setup. While currently optimized for rental use, the lower level could be reconfigured easily to function more traditionally as a single-family residence if desired. On a large lot with fenced yard, mature landscaping, and ample parking, this home has extraordinary potential for future expansion or reconfigurations. With immediate proximity to downtown amenities, restaurants, parks, and local favorites, this is a rare opportunity to own a flexible property in one of Bozeman’s most desirable areas.
Single-familyProperty Type
1935Year Built
4,922 sq ftLot Size
$445Price/Sq.Ft.
Listed by Charlotte Durham• Big Sky Sotheby's - Bozeman
Bought with Cameron Crosby• PureWest Real Estate Bozeman
Cute restored home near downtown Bozeman with a large fenced backyard and a guest basement accessory dwelling unit with a kitchenette. A quick walk to local restaurants, bars, schools, parks and Montana State University. Many updates to the home including flooring, modern kitchen cabinets, countertops, paint (inside and out), stainless steel appliances and off street parking for 4 cars. Zoned R-2 in northeast Bozeman and lots of income potential to rent out the basement for long term renters or use for visiting family and friends. Located close to shopping at the Cannery District, skiing at Bridger Bowl and golfing at Bridger Creek.
Public Records
Oct 4, 2016
Sold
—
BSCMLS #211656
Oct 7, 2016
Sold
—
Mar 8, 2016
Listed
$209,000
$156/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,359 (−28.3%)
$343,828 + $252,572
$596,400
2024
$4,688 (+11.2%)
$343,828 + $252,572
$596,400
2023
$4,215 (+21.0%)
$441,913 + $213,187
$655,100
2022
$3,484 (+8.9%)
$441,913 + $213,187
$655,100
2021
$3,199 (+4.5%)
$273,008 + $140,292
$413,300
2020
$3,062 (+15.7%)
$273,008 + $140,292
$413,300
2019
$2,647 (+10.7%)
$221,106 + $137,594
$358,700
2018
$2,391 (+7.0%)
$221,106 + $81,894
$303,000
2017
$2,236 (+15.1%)
$151,414 + $102,286
$253,700
2016
$1,942 (−2.2%)
$151,414 + $102,286
$253,700
2015
$1,986 (+28.8%)
$129,378 + $76,422
$205,800
2014
$1,542
$134,016 + $76,384
$210,400
Tax history for 816 N Rouse Ave
Year
Property tax
Land + Additions
Assessment*
2025
$3,359 (−28.3%)
$343,828 + $252,572
$596,400
2024
$4,688 (+11.2%)
$343,828 + $252,572
$596,400
2023
$4,215 (+21.0%)
$441,913 + $213,187
$655,100
2022
$3,484 (+8.9%)
$441,913 + $213,187
$655,100
2021
$3,199 (+4.5%)
$273,008 + $140,292
$413,300
2020
$3,062 (+15.7%)
$273,008 + $140,292
$413,300
2019
$2,647 (+10.7%)
$221,106 + $137,594
$358,700
2018
$2,391 (+7.0%)
$221,106 + $81,894
$303,000
2017
$2,236 (+15.1%)
$151,414 + $102,286
$253,700
2016
$1,942 (−2.2%)
$151,414 + $102,286
$253,700
2015
$1,986 (+28.8%)
$129,378 + $76,422
$205,800
2014
$1,542
$134,016 + $76,384
$210,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,930 Sq. Ft.
Year renovated
1995
Sq. Ft.
1,236
Year built
1935
Style
Single Family Residential
County
Gallatin County
APN
06-0799-06-4-18-36-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
NEHMU
Northeast Historic Mixed-Use District
The intent of the northeast historic mixed-use district is to provide recognition of an area that has developed with a blend of uses not commonly seen under typical zoning requirements. The unique qualities and nature of the area are not found elsewhere in the city and should be preserved as a place offering additional opportunities for creative integration of land uses. The intent of this area is to allow private and case-by-case determination of the most appropriate use of land in a broad range of both non-residential and residential uses. Standards for buffering between different land uses are deliberately not as high as standards elsewhere in the community as it is assumed that persons choosing to locate in this area are aware of the variety of possible adjacent land uses and have accepted such possibilities as both acceptable and desirable. It is expected that the lots within this district will continue to develop under a variety of uses which may increase or decrease in scope in any given portion of the district.; The clear intent of this district is to support a mix and variety of non-residential and residential uses. Nothing in of this article shall be interpreted to be discouraging or prejudicial to any listed use except as set forth as principal and conditional uses.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Hotel / motel
Mixed use
Office
Mar 13, 2011 • Final
Res reroof
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.