Durango CO Multi-Family Real Estate, Homes for Sale - Your Durango Real Estate

Versatile development opportunity for a multifamily project, or just a single family home, within the City limits with views of the Animas River and valley beyond. According to City Planning, this parcel could accommodate up to 4 townhomes (Buyer to verify). It is located adjacent to a transit stop and just down the street from Durango's Oxbow Park and Open Space Preserve with upcoming river trail extension to downtown. Atmos gas, electric, and city water and sewer are all readily available at the property line, and access can be provided directly from Animas View Drive. Seller already has a Geo-technical Engineering Study, and the LPEA Overhead Power Line has been relocated to open up multiple development opportunities on this parcel.

755 Animas View Dr, Durango

$3,895,000

9 Baths ⋅ 837300 MLS

27 unit apartment complex. Original designation was hotel/motel. Converted use over time to longer term rentals. Assessed as RES LND MULTI 9 + - 1125. Current ownership purchased in 2022 and has done extensive remodeling, repairs, new roof, significant electrical upgrades/repairs. Priced at a 6 cap. Great Durango Commercial Investment. Your tenants will enjoy the great in town location convenient to downtown, shops, restaurants, Fort Lewis College, Horse Gulch mountain biking and miles of hiking

350 E 8th Ave, Durango

$789,000

2 Baths ⋅ 836667 MLS

An exceptional downtown duplex offering the perfect combination of location, condition, and investment potential. This charming bungalow-style property has been thoughtfully updated while preserving its historic character, all within an easy walk of downtown Durango. Live in one unit while generating income from the other, or continue operating as a long-term rental in one of Durango's most desirable neighborhoods. Current rental rates are below market, offering potential for future income growth, with leases already in place for immediate cash flow. Originally built in 1898, this well-maintained property has benefited from numerous recent improvements, including a remodeled kitchen, updated bathrooms, new A/C, and a re-sleeved sewer main with a transferable 20-year warranty. The front bungalow offers one bedroom plus a bonus room, while the rear unit features one bedroom and beautiful wood flooring. Each residence includes its own washer and dryer, separate electric, natural gas, and water meters, an individual storage shed, and a privately fenced backyard with low-maintenance xeriscaping and mature trees, creating exceptional privacy for tenants or owners. Located just steps from restaurants, coffee shops, parks, schools, Fort Lewis College, and public transit, this property offers outstanding convenience and lifestyle appeal. Whether you're searching for a multigenerational living arrangement, a house-hacking opportunity, or a well-maintained investment with upside potential, this downtown duplex offers flexibility, convenience, and lasting value.

230 E 6th Ave, Durango

$825,000

2 Baths ⋅ 836334 MLS

- 1076 Animas View Drive | Durango, CO 81301 Two updated units. One exceptional opportunity. Located in the heart of the Animas Valley within Durango city limits, this duplex sits along the historic Durango & Silverton Narrow Gauge Railroad corridor on a shaded 0.19-acre lot with mature trees and a spacious backyard. 2200 Sq/ft total - Each side offers approximately 1,100 square feet with 2 bedrooms and 1 bathroom - significantly larger than many competing two-bedroom rentals in the Durango market. Recent improvements include fresh interior and exterior paint, new carpet, a new deck, and a newly paved asphalt driveway and parking area. Solid concrete-block construction and gas forced-air heat provide durability and low-maintenance ownership. The value proposition is simple: *Investment Property:* Rent both units for an estimated $3,700 to $4,000 per month based on current market rents. *House Hack:* Live in one unit while the second unit helps offset a substantial portion of your monthly payment. *Future Single-Family Home:* With minimal modifications, the property can function as a 4-bedroom, 2-bath residence, creating flexibility as your needs evolve. Comparable two-bedroom rentals throughout Durango are leasing between $1,900 and $2,500 per month. These units offer more square footage, recent updates, and a highly desirable location. Just minutes from the Animas River Trail, downtown Durango, restaurants, shopping, and recreation, this property combines immediate income potential with long-term flexibility in one of Southwest Colorado's most competitive rental markets. Whether you're looking to invest, occupy, or reposition for the future, opportunities like this are increasingly difficult to find. **Note - Window in upstairs kitchen is being replaced, window on order.

1076 Animas View Dr, Durango

$1,395,000

4 Baths ⋅ 836303 MLS

Excellent location close to downtown and Fort Lewis College. Easy to keep rented. Fenced back yard and some off street parking. Priced at a 4.20% cap rate and $348,750/unit. 2023 and 2024 financials are available. Tenants pay all utilities.

558 E 4th Ave, Durango

$610,000

836165 MLS

Located in the Enterprise Zone, this parcel has excellent visibility from Highway 550 and easy access via the turn lane into Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.

TBD - Lot G Tbd -, Durango

$950,000

2 Baths ⋅ 836081 MLS

A North Main Rarity: Iconic Multi-Use Property with Unmatched Potential. This 1,914 sq. ft. southwestern-style building, originally a single-family residence and currently serving as an office, offers exceptional potential for conversion into a multi-family property. The site is zoned multi-use arterial, with a duplex and townhomes among the approved uses; prospective owners should consult with a city planner to verify specific use transitions. Situated on a half-acre lot, the property features professional landscaping and extensive paved parking. Every detail—from the inviting gas fireplace to the immaculate exterior—demonstrates decades of dedicated maintenance, providing a historic and secure foundation for your future legacy in Durango.

3649 Main Ave, Durango

$1,775,000

8 Baths ⋅ 836036 MLS

The 32nd Street Collective, Agave Group's latest Durango community, presents an exceptional opportunity for discerning investors. This fourplex features four sleek, two-bedroom, two-bath residences with contemporary finishes and exceptional efficiency. Each unit boasts all-electric systems, ductless units, bespoke cabinetry, vinyl plank flooring, plush carpeted bedrooms, quartz countertops, stainless appliances, and private storage. Residents can enjoy easy access to the Animas River Trail, artisanal bakeries, grocery stores, and local eateries. As part of an 11-unit development, owners can lease units on a 30-day or longer basis, capitalizing on Durango's strong rental market. This is an exceptional opportunity to own a brand-new fourplex in a wonderful pocket neighborhood conveniently located in the heart of town. "Some photos of this listing may include virtually staged amenities, furniture or fixtures."

1106 E 32nd St, Durango

$2,600,000

836028 MLS

Located in the Enterprise Zone, this parcel has excellent visibility from Highway 550 and easy access directly across the Highway across from Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.

TBD (Tract C) Tbd (Tract C) N Hwy, Durango

$2,000,000

836027 MLS

This parcel has excellent visibility from Highway 550 and easy access via the turn lane into Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.

Tbd (Phase 1-A) N Hwy, Durango

$1,050,000

7 Baths ⋅ 835962 MLS

ATTENTION INVESTORS: Opportunities to acquire a cash-flowing, turn-key multifamily asset with gross income of $6,400 per month ($3,600/mo North Unit; $2,800/mo South Unit) are increasingly rare in-town. This well-maintained duplex features no HOA restrictions, long term or 30-day minimum rental for maximum strategy flexibility, and a $50,000 capital improvement upgrade in 2024 that includes new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, and upgraded appliances (new dishwashers, refrigerator, and dryer). Boasting low CapEx risk, the property also features new main roofs from 2019 and new carport roofs from 2024. The expansive 2,448 sq ft North Unit (4 BR/3.5 BA with a 2004 addition) and the highly rentable 1,440 sq ft South Unit (3 BR/2.5 BA) both enjoy east-facing decks with sweeping Animas River Valley views, a shared view-centric backyard with views of the mountains, dedicated carport parking, and outdoor storage sheds. Situated in a premier, zero-vacancy location just half a block from the Animas Mountain Trailhead, three blocks from the Animas River, a few blocks to North City Market, and a short drive to downtown Durango, Ft. Lewis College, Purgatory Ski Resort, this asset is primed for flexible investment options.

3226 & 3228 W 4th Ave, Durango

$1,100,000

3 Baths ⋅ 835847 MLS

HISTORIC DOWNTOWN DURANGO INVESTMENT AND DEVELOPMENT OPPORTUNITY. Situated on a 9375 SF lot, enjoy easy access to the Animas River trail, Santa Rita park, hiking/biking trails, and the lively Durango Main Street with numerous restaurants and shops. With the current 1,668 SF duplex on the property, the City of Durango has approved an additional 3 units (total of 5) to be built on this multi-family lot with a ratio allotment of an additional 2550 SF of improvements. MAIN HOUSE. The main house boasts 3BR/2BA with many upgrades and remodel work by the current owner. RECENTLY NEW APPLIANCES. Remodel/upgrade work includes new wiring installation, meter, and panel. The oak floors were refinished with new trim and offer warmth and historic charm. In addition, the primary bathroom has been redone starting with the new tiled floor and much more. Other updates include custom built closets/cabinetry in the primary bedroom, guest bedroom and kitchen, new attic insulation, new hot water heater, replaced piping, new toilets, and new sub flooring in the bathrooms. A new deck with side access was added. Newly painted both inside and out! ATTACHED APARTMENT. This adorable 1BD/1BA unit has been updated and includes a brand new deck with side entry. This is a great source of supplemental income for an owner wishing to use the main house as a primary residence. GAZEBO AND HOT TUB. The owner has built a lovely gazebo in the back of the property to house a new hot tub in a private setting. EXTERIOR. Brand new paved driveway. Each unit has a yard, one parking space and plenty of off-street parking. The list of work done is extensive. Some of these include roof repairs, foundation repointing, some window replacements, new backyard fence and parking, new shed, and drainage work. The sewer line was cleaned, re-shaped, and includes a new blue liner. A Special Use Permit to operate a Multi-Unit Property in the EN-MF zone will need to be obtained by the new owner if additional units are built. With high demand for housing, particularly in town. Buyer to investigate on any development guidelines with the City of Durango. THIS IS A RARE OPPORTUNITY!

146 E 4th Ave, Durango

$2,600,000

3 Baths ⋅ 835832 MLS

Rare bulk investment opportunity in Durango's newest townhome community! Offered for sale as a package, the entire North Building at Animas Cliffs Townhomes includes four newly constructed townhomes. Scheduled for completion in late July or early August 2026, this offering presents investors with the unique opportunity to acquire four individually deeded residences at a significantly lower per-unit cost than purchasing them separately. With individual units valued at over $770,000, this rare bulk purchase opportunity offers substantial upside and long-term value. Each thoughtfully designed townhome features approximately 1,435 to 1,483 square feet of living space with 3 bedrooms, 2.5 bathrooms, and oversized two-car garages ranging from approximately 630 to 644 square feet—providing ample room for vehicles, outdoor gear, storage, and recreational equipment. The homes have been designed to appeal to today's buyers and tenants alike, combining modern architecture, functional floor plans, and high-quality finishes throughout. Interior features include hardwood flooring throughout the living spaces, quartz countertops, contemporary cabinetry, designer fixtures, and expansive windows that bring in abundant natural light. Select units offer mountain views, while all residences enjoy a clean, modern aesthetic that stands apart from typical new construction offerings. Built with efficiency and long-term durability, the homes incorporate a combination of open-cell and closed-cell spray foam insulation, energy-efficient appliances, high-performance windows, and tankless hot water systems. These quality construction features help reduce operating costs while providing year-round comfort and long-term value. With strong demand for quality housing in Durango and limited new construction inventory available, this investment offers multiple exit strategies. Investors may choose to hold the units as long-term rentals, build equity through appreciation, or resell the individually deeded residences in the future. Long-term rentals are permitted, creating an attractive opportunity for investors seeking stable income from a low-maintenance, professionally built asset. Opportunities to purchase an entire newly constructed building of individually deeded residences are exceptionally rare. Secure all four units before completion and capitalize on the combination of quality construction, energy efficiency, modern design, and strong demand in one of Southwest Colorado's most desirable markets. With only eight townhomes in the entire development and strong early buyer interest, investors have the opportunity to control 50% of the project through a single acquisition.

1790 County Road 203 Unit 1-4, Durango

$1,100,000

3 Baths ⋅ 833211 MLS

This is a rare opportunity. Own a Victorian house in the heart of downtown Durango that includes a separate ADU. In total, this is a triplex, with three units and longtime tenants located close to all of the downtown amenities. SUCH AN AMAZING INVESTMENT! Live in the property and enjoy the supplement income. Each unit has been well cared for. They all have separate yards. Always maintained by the Seller. All units are 1 BR/ 1BA with a washer and dryer. They are adorable and low-maintenance. The property has historical charm as well as convenient access and parking. There have been many updates as well as. All tenants have a separate yard and mature landscaping/trees. This is a seasoned investment property with active leases. Please call for more information.

555 E 7th Ave, Durango

$2,900,000

832767 MLS

RARE opportunity to own a multi- family property on 4.1 acres with 400 feet of peaceful ANIMAS RIVER FRONTAGE! Directly downstream from Purple Cliffs Gold Medal fishing. Held by the same family for decades, this property is ideal for a private residence, generational living, passive income, 1031/721 exchange needs and has upside through rent increase to current market levels. Recent investments of approximately $40,000 include a new roof, exterior paint and a new river walkway.This well maintained property is fully rented and boasts a very strong rental history.Three separate buildings contain 9 seperate, individually metered dwelling units. Two studio apartments, four one bedroom apartments, a two bedroom apartment, a two bedroom house and a three bedroom house.Plus there is an 880 Sq. ft. shop building Enjoy tranquil, secluded living along the ANIMAS RIVER located just five miles south of historic downtown Durango.Tenants and owners can sit outsid eand enjoy the relaxing sounds that only a river front property offers. Don't miss this rare combination of versatility acreage, river frontage and location.

26814 Us Hwy 160 Unit Multiple, Durango

$785,000

3 Baths ⋅ 831049 MLS

Versatile duplex property located along North Main Avenue! This property offers a multitude of opportunities from the 1031 Exchange investor who would like to keep current tenants in place, to someone seeking to utilize the Main Avenue frontage for commercial or mixed use, to a complete redevelopment opportunity on a large 12,500 sq ft lot. Currently the property offers a generous parking lot, with the house hosting a main level 3-bedroom, 1 full bath rental, and lower level unit with an additional 3 bedrooms and 3/4 bath. The two rentals can be rented as one home, or separately with lock-off access, individual kitchens in place, and a shared back laundry room, accessible from both units. There is a non-conforming studio space on the north side. Great location just blocks away from Animas Mountain trailhead, Durango's Recreation Center, the Animas River Trail and River launch point, and walking distance to grocery stores and dining options.

3575 Main Ave, Durango

$725,000

2 Baths ⋅ 830228 MLS

Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 2 bedrooms, an office and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other bedroom and office in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard. Unit 2 has a separate fenced side entrance to the staircase leading up to the unit. Here you will find a cozy 2 bedroom, 1 bath apartment. Both units have wood and tile flooring. There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval. The property borders the Parkside Terrace townhomes, and the upstairs unit is currently leased. There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.

562 E 1st St, Durango

$860,000

5 Baths ⋅ 823204 MLS

Downtown Durango Investment Opportunity | 5-Unit Residential Multiplex! This is a classic downtown home, converted into a charming 5-plex. Built in 1892, according to historic records, this home was a residence and boarding house for Swedish immigrants. Much of the Victorian charm has been preserved over the years while most recent renovations give a nod to an artistic aesthetic with exposed wood, brick, and original features. Each unit has built-in sleeping lofts or raised sleeping nooks and include kitchenettes and washers. Outside, the backyard is a communal space and each tenant has space to use in the garden. The quiet street, walking-distance to downtown and functional units make this a highly desirable rental which, over the last 9 years has had a zero vacancy rate. The home has been pre-inspected and the report is available upon request. The sewer main was re-lined in 2024 and has a 50 year warranty. Given the residential nature of the neighborhood, a motivated buyer may consider converting this house into a lovely single-family residence.

439 E 4th Ave, Durango

$880,000

6 Baths ⋅ 821270 MLS

In-town Durango duplex – Prime location! This impeccably maintained duplex is just half a block from the Animas Mountain trailhead, two blocks from North City Market, and three blocks from the Animas River. Each home features 3 bedrooms, 2.5 baths, and 1,440 square feet of living space, with updated kitchens boasting classic white cabinets and ample storage. The main level includes an open living area, kitchen, dining space, and a convenient powder room. Upstairs, you'll find all three bedrooms, including a primary suite overlooking town, plus two nicely sized bedrooms that share a full bath. Additional amenities include a laundry room, carport for covered parking, a backyard shed for storage, and stunning views overlooking the Animas River Valley and downtown Durango. Live in one side and rent the other or rent both sides making this an excellent investment property. Projected rents are $2,300–$2,550 per month per unit, per Harmony Property Management who manage the duplex next door. No HOA fees. You can rent each side for 30 day minimum rental period.

3222 & 3224 W 4th Ave, Durango

$785,000

2 Baths ⋅ 805409 MLS

Rare opportunity to own a lot backing to Junction Creek, right in the heart of Durango and close to schools, the Animas River Trail, the library, Rec Center, and so much more! This two-story duplex features one unit downstairs and a smaller unit upstairs. Live in one, rent the other, or remodel into a single home, or purchase as an investment property, this property offers all these options. The main level residence features a comfortable living room, dining room, kitchen, three bedrooms, and one bath. There is also a large storage closet off the side entry way, a separate storage room (was used as a workshop) and a detached one car garage. The fenced backyard features mature trees and a lovely private covered patio overlooking the creek, perfect for warm evenings visiting with friends and family and enjoying this peaceful setting. Convenience and the location along Junction Creek are great features of this property, and you can enjoy it in its present condition or take it to the next level with a renovation. Wonderful neighborhood on a cul-de-sac with no thru traffic is another great aspect of this property.

103 Alamo Dr, Durango

$1,475,000

12 Baths ⋅ 818648 MLS

Discover the extraordinary charm of Almostaranch, a unique multi-use property nestled in the breathtaking North Valley of Durango, CO. This stunning estate borders 203 acres of State of Colorado Land and is seamlessly connected to the San Juan National Forest. It’s a stone’s throw from Haviland Lake and Electra Lake, making it a nature lover’s paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Club’s exceptional golf and fitness center. Here, every adventure awaits—from hiking, biking, and paddleboarding to jeeping and hunting—right in your own backyard! Almostaranch is not only a stunning family residence but also a lucrative income-generating opportunity, currently yielding over $10,000 a month 113k net with the potential to double that revenue. The property includes 4 condo’s units: three are rented month-to-month, while one operates as a highly profitable VRBO that doubles the income of the monthly rentals, significantly enhancing rental income. Additionally, an old lodge with three apartments, These units serve a much need low rent option for those in The North Valley. These units produce over 4k a month. Most value is in the land, but you could keep them as is or put some limited money into them and gain more rent. The building is old and needs it’s share of work. Somone may just remove this structure and build a house and gain income that way off 1 unit. Moreover, the main house maintains its privacy from the rental units, making it a serene retreat. The potential here is limitless! Almostaranch has potential to transform into a wedding venue, family retreat, or corporate getaway. Please note that while the investment side of the property can be sold separately, the main residence will not be offered independently. Entire property with main home is listed mls 818630. Don't miss your chance to own this unique property that promises both adventure and income in the stunning outdoors of Durango!

42570 N Hwy 550, Durango

$4,499,000

17 Baths ⋅ 820058 MLS

PRIME SKI -INSPIRED 11- UNIT APARTMENT BUILDING AT PURGATORY RESORT WITH INCREDIBLE SHORT TERM RENTAL POTENTIAL! Location: Directly across from the main entrance to Purgatory Resort Welcome to your dream investment opportunity! This brand-new 11-unit apartment building is a rare find, offering an unbeatable combination of luxury, location, and lucrative rental potential. Key Features: Three 3BR/2BA's, three 2BR/2BA's, three 1BR/1BA's and two studios. Unparalleled Views: Every unit boasts breathtaking ski slope and mountain views from private decks. Exceptional Location: Just steps from Purgatory Resort’s main entrance, with ski shuttle service for added convenience. Resort-Style Amenities: Owners and guests enjoy full access to the resort’s amenities, including: Year-round heated pool and hot tub State-of-the-art fitness facility Tennis courts Nordic ski trails (Building owners will also enjoy full access to the resort's exclusive private owner's lounge, bar, and game room) Interior Highlights: Contemporary design with high-quality finishes Granite and quartz countertops in kitchens and baths Stainless steel appliance packages plus washer and dryers in every unit. High-quality laminate flooring throughout Washer and dryer hookups in each unit Energy-efficient on-demand hot water heaters Outdoor Features: Spacious private decks on every unit for relaxation and stunning views Easy access to Twilight Lake, Metro District Park, and hiking trails Investment Potential: Entire building is short-term rental eligible Projections available upon request to showcase the building’s outstanding rental income potential Don’t miss this chance to own a modern, ski-centric apartment building in one of the most desirable locations near Purgatory Resort. Whether you’re seeking a high-performing investment or a personal mountain retreat, this property has it all. Contact us today to schedule a showing or to request additional financial details!

45 Tacoma Dr, Durango

$783,620

6 Baths ⋅ 809713 MLS

Take a look at this rare opportunity to own a large duplex in-town Durango. The property has a great rental history, and would work as an wonderful investment. Alternatively, the space is large enough to live on one side of the property and supplement a mortgage by renting out the other side. The entire property is 2560 ft.². The lot boasts 8640 ft.². Located on the west side of Durango in central part of town. You will also enjoy Mountain views, easy access to public transit, and the property is very close to schools K-12. Each unit has two bedrooms and 2.5 bathrooms. There is plenty of parking to allow for both sides and tenants, including a 1-car garage for each unit. The street is a dead end cul-de-sac, which means very little through traffic. You can find mature trees on the lot and enjoy fall colors, as well as the deer that frequent the area. There is plenty of yard space to be utilized on this corner lot. Please contact us for more information and to schedule a viewing!

701 Carriage Pl, Durango

$795,400

6 Baths ⋅ 808016 MLS

All units are now rented at market value, making this an incredible investment opportunity in downtown Durango! This property is an incredibly rare find with six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units had been vastly under rented in the past as rents had not been increased in several years and were not reflective of the current market value, but the owner has spent the past several months increasing the rents as the units came vacant, and now all units are rented at market rate making this a very viable investment. Don't miss this opportunity to own a cash flowing property in an unbeatable location!

574 E 2nd Ave, Durango

$1,875,000

8 Baths ⋅ 808687 MLS

Welcome to your next income-producing investment in the heart of scenic Durango, Colorado! This meticulously maintained four-plex offers an exceptional opportunity for savvy investors seeking a solid addition to their portfolio. With three of the units currently generating between $1,800 (1) and $2,000 (2) each in monthly rent and the fourth unit ready for occupancy or customization, this property is primed to attract long-term tenants and generate consistent rental income. The grounds are well kept, the home is spacious and in a consistently cared for condition and the opportunity for growth in rental rate is evident. Consult with City of Durango Planning at assess opportunities for additional rent creation. The property sits well below the current Floor Are Area and Lot Coverage Ratio Thresholds allowing for expansion in use. Tremendous walk score and easy access, as this property is conveniently close to the North City Market and the scenic river trail, making it a sought-after location for tenants.

3140 & 3146 W 3rd, Durango

$799,000

2 Baths ⋅ 807749 MLS

Downtown duplex in a prime location on 5th Avenue stays consistently rented and can continue as a multi-family rental, or live in one side and rent the other. Current rent for 731 is $1800 and 733 is $1400. There is plenty of off-street parking in front and the rear, plus detached 1-car garage off the paved alley. The interior of 731 has just been repainted. Located in the heart of the historic district!

731 & 733 E 5th Ave, Durango

$850,000

4 Baths ⋅ 824970 MLS

Excellent location close to downtown and Fort Lewis College. Easy to keep rented. Fenced back yard and some off street parking. Priced at a 5.50% cap rate and $223,750/unit. 2023 and 2024 financials are available. Tenants pay all utilities.

853 E College Dr, Durango

$1,000,000

799719 MLS

Two separate parcels being sold together for the price of $1,000,000 Lot # 8 is [0.8] acres in size and Lot #9 is [1.0] acre in size. Both parcels are 'Medium Density Residential' status per the Florida District Plan. Both lots are fairly flat and usable. There are two paid sewer taps. There is an old water well with no permit. There is electricity on site. The parcel #'s are: Lot8 - 566911200016 and Lot9 - 566911200015. Variety of uses possible. Good access with nice views.

111 County Road 232, Durango

$999,000

788059 MLS

Excellent development opportunity in-town Durango! This 2.33 acres lot is in the City Limits with easy access to water, sewer, and power. The City of Durango has this lot zoned for medium density that allows for 5 to 11 units per acre. Located off of a quiet street this lot offers a great opportunity for a multifamily development. Very convenient location; close to North Main Ave, North City Market, the river & river trail, and great restaurants.

170 Metz Ln, Durango

$2,400,000

821046 MLS

Unique opportunity to purchase the remainder of a shovel ready development located just steps from Downtown Durango,FLC and Hillcrest Golf Course. Utilities are to all lots. This offering consists of 5 duplex lots (10 townhomes) and 1 singlefamily home lot. With easy access to all Durango has to offer, the finished homes will certainly be very sought after.

Tbd Cedar Ridge Rd, Durango

$4,300,000

782226 MLS

This unique parcel is the largest infill privately owned parcel within City limits of Durango. The opportunities are boundless in that there are various benches on the property that would allow different residential products to be developed. Located conveniently on Florida Road, just 9/10th of a mile from the intersection of 3rd Avenue and 15th Street, close to Riverview Elementary School, shopping, and services as well. The views the La Platas and north up the Animas Valley are exceptional and the way the property is situated it also allows for stunning views of Animas Mountain, Perins Peak & even Missionary Ridge. The site, with the different levels, can provide great view corridors for the residential product as well as creating privacy once developed. There is City property along much of the boundaries as well as easy access to trail systems. This parcel has been in the same family ownership for many decades and is now available for someone to create one of Durango’s finest developments.

900 Florida Rd, Durango

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