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$1,295,000
Est. payment /mo
6 Beds
5 Baths
3,556 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,556 sqft
Price per Sqft $364
MLS Listing ID 839488
Bedrooms 6
Full Baths 5
Year Built 1973
Tax Year 2026
Lot Size 1.800 Acres
Acres 1.8
Property Sub-Type Fiveplex
Property Description
Exceptional multi-unit investment opportunity in Durango's growing Grandview area! Situated on nearly 2 acres just minutes from Mercy Hospital and Three Springs, this fully rented fiveplex offers an established rental property with recent improvements throughout and an excellent location within one of La Plata County's active development corridors. All five units have now been improved, with three units fully remodeled and the remaining two thoughtfully updated. The five residences are divided between two buildings, with two units in one structure and three in the other. The unit mix includes one 2-bedroom, 1-bath residence and four 1-bedroom, 1-bath residences, providing desirable smaller-footprint housing and a diversified rental configuration for an investor. The elevated property enjoys exceptional mountain views and nearly two acres of land, creating a surprisingly spacious setting while remaining convenient to Durango and nearby services. With all five units currently rented, improvements completed throughout the property, and continued residential and commercial activity in the surrounding Grandview and Three Springs areas, this is a unique opportunity to acquire an established multi-unit investment property in an evolving part of the Durango market.
Location
State CO
County La Plata
Interior
Furnishings Unfurnished
Building
New Construction No
Schools
Elementary Schools Florida Mesa K-5
Middle Schools Escalante 6-8
High Schools Durango 9-12
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Listed by EXIT Realty Home & Ranch




