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$630,000
2 Baths 832862 MLS
Great duplex investment opportunity located on a corner lot in Lake Pagosa Park. Each unit offers approximately 840 square feet with 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces. Both units include full kitchens all appliances convey, including washers and dryers. Each side also features an attached one-car garage adding convenience and additional storage. The property is located near the lake with lake access in close proximity making it an attractive location for tenants or future occupants. This duplex presents a solid investment opportunity with a cap rate just under 6% and offers multiple options for use, including long-term rental income or owner occupancy with rental potential. Showing Instructions: Please coordinate showings with the broker. 24-hour notice required as both units are currently occupied.

29 Monument Ave, Pagosa Springs

$669,000
5 Baths 832651 MLS
Accepting Offers until Tuesday March 24 by 5 PM MST. Offered for the first time ever, Day Apartments present a rare and compelling investment opportunity with deep local roots, having been owned by the Day family for over 80 years. Originally developed in 1965 to support local housing needs, this solidly constructed four-plex stands as a testament to quality and longevity. Each of the four nearly identical 800 square foot units offers a spacious living area, an eat-in kitchen complete with pantry, two comfortable bedrooms, and one full bathroom. Tenants will enjoy private rear balcony or patio access with peaceful views overlooking the San Juan River, creating an inviting and desirable living environment. A shared basement laundry area adds convenience and functionality for all units. Also included on the 1-acre parcel is a charming 636 square foot cabin featuring one bedroom and one bathroom—ideal for additional rental income, guest accommodations, or owner occupancy. With all units currently vacant, this property is primed for its next owner to establish market rents, pursue long-term or short-term rental strategies, or reimagine the space entirely. With its unique setting, strong rental potential, and legacy ownership, Day Apartments offer endless possibilities for investors and visionaries alike. Conveniently located just 5 minutes from downtown Pagosa Springs—home to renowned hot springs, dining, and shopping—and only 25 minutes from Wolf Creek Ski Area, this property combines heritage, and accessibility in one extraordinary package.

2530 E Hwy 160, Pagosa Springs

$35,000
793306 MLS
Both Lots for $70,000. and tap fees paid.This is a great lot with all utilities to the property and tap fees paid. Tucked into the trees, this is ideal for a single family or a triplex as this is residential and multi-family P.U.D. zoned. Close to the lake, shopping, restaurants, grocery store and more. Driveway access has already been permitted, paid for and rough cut in. You really have to walk this property, it is beautiful. The lot contiguous to this is also available at 2090 CR 600 (same owner) so both are available giving you almost a full acre and make this a 6-plex or possibly more. Paved roads to property. Seller has a set of plans that has been approved by PLPOA for a 3/2 stick built SFR and the stakes are already set for this layout. This is just waiting for you.

2116 County Road 600, Pagosa Springs

$35,000
793305 MLS
Both Lots for $70,000. and tap fees paid. is a great lot with all utilities to the property and tap fees paid. Tucked into the trees, this is ideal for a single family or a triplex as this is residential and multi-family P.U.D. zoned. Close to the lake, shopping, restaurants, grocery store and more. Driveway access has already been permitted, paid for and rough cut in. You really have to walk this property, it is beautiful. The lot contiguous to this is also available at 2116 CR 600 (same owner) so both are available giving you almost a full acre and make this a 6-plex or possibly more. Paved roads to property. Seller has a set of plans that has been approved by PLPOA for a 3/2 stick built SFR and the stakes are already set for this layout. This is just waiting for you.

2090 County Road 600, Pagosa Springs

$775,000
826725 MLS
Price reduction to get this moved! Development potential for single family or multi-family. Located in the heart of the southside of downtown, with mountain and Res Hill views, the original 5 city lots have been subdivided into 8 lots. Zoned for up to 19 units, this rare parcel can be replatted to accomodate condos, townhomes, or single-family. The location is perfect for any of these, in this growing, thriving downtown area. Steps away from all the action of the Riverwalk, Yamaguchi Park, dog walk/park, pickleball courts, Res Hill, this parcel has access to all utilities, with no current HOA and is the start of great things to come. This amount of land, for a small development, is like no other in this charming mountain town. What other mountain town has this availability, at this price...

X Apache St, Pagosa Springs

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