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414 S 12th Ave, Bozeman, MT, 59715

--beds
--baths
--sqft
$925,000
--price/sqft
$5,405/moest. monthly cost
$216,200/yrincome needed

About This Home

Exceptional Southside investment opportunity in one of Bozeman’s most sought-after rental locations. Conveniently located just blocks from Montana State University and downtown, with close proximity to Cooper Park, Southside Park, and a variety of shopping and dining options, this property offers easy access to the amenities tenants value most. Designed with flexibility in mind, the home functions similarly to a multi-unit property, featuring multiple sleeping areas and several bathrooms across distinct living spaces. Two kitchens and separate living areas provide a versatile layout suited for shared housing, long-term rentals, or multi-generational living. A detached two-car garage adds valuable off-street parking and storage—an increasingly desirable feature in this central location. With its adaptable floor plan, strong rental appeal, and prime location near campus and downtown, this property presents an excellent opportunity for investors seeking income potential and long-term upside.

Getting Around

80
WalkingVery Walkable
28
TransitSome Transit
81
BikeVery Bikeable

Schools

7/10
Irving SchoolGrades PK-50.2 mi
8/10
Sacajawea Middle SchoolGrades 6-82.2 mi
8/10
Bozeman High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1951

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Kitchen,Rec/Family Area

Features

  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Property

Details

  • Parcel number: RGG1146
  • Zoning description: RA
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,229 sqft

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Earthquake
Hail

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 $4,677$56,124
Home Insurance $225$2,700
Property Taxes $352$4,224
Electricity $151$1,812
Total$5,405$64,860

Income You'd Need if You Spent...

35% on housing$185,314/yr
40% on housing$162,150/yr
45% on housing$144,133/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 59715$615
Gallatin County$548

vs Homes Sold Last Month

Median $/sqft

ZIP 59715$436
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)

Price History

DateEventPrice
2026-05-06Listed for sale$925,000
2025-10-24Listed for rent$5,500
2025-06-14Listing removed$6,000
2025-03-26Listed for rent$6,000
2023-05-06Listing removed--
2023-04-22Listed for rent$5,000

For Sale by Agent

AgentMegan Dissly
BrokerageBerkshire Hathaway - Bozeman

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