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2232 Baxter Ln Unit 1-12, Bozeman, MT, 59718

24beds
24baths
--sqft
$3,700,000
--price/sqft
$21,432/moest. monthly cost
$857,280/yrincome needed

About This Home

A fantastic investment opportunity in Bozeman just off the 19th corridor. Near schools, restaurants, and tons of shopping! Building is made up of 12 fully leased units, each 970 square feet with 2 bedrooms, 2 bathrooms, own laundry, fire suppression and a one car garage. Great rental history as the building and HOA are professionally managed. Pictures are of a similar building/unit. Call today!!

Getting Around

41
WalkingCar-Dependent
25
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

8/10
Emily Dickinson SchoolGrades PK-50.6 mi
7/10
--
Gallatin High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 2013

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Hardboard,Lap Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 24

Features

  • Flooring: Partially Carpeted
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Varies by Unit

Property

Details

  • Parcel number: RGG65560
  • Zoning description: R4 - Residential High Density
  • Special condition: None

Features

  • Levels: Other
  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather
Earthquake
Hail
Strong Wind

FEMA Declared Disasters in Gallatin County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,709$224,508
Home Insurance $877$10,524
Property Taxes $1,695$20,340
Electricity $151$1,812
Total$21,432$257,184

Income You'd Need if You Spent...

35% on housing$734,811/yr
40% on housing$642,960/yr
45% on housing$571,520/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 59718$345
Gallatin County$543

vs Homes Sold Last Month

Median $/sqft

ZIP 59718$391
Gallatin County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-26Listed for sale$3,995,000

For Sale by Agent

AgentJason Zalac
BrokerageRealty Executives

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