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  • Price cut: $62K (7/23)
    $1,198,000

    195 Silverview Lane #1-5, Durango, CO 81303

    6beds
    3,556sqft
    : 
    Fiveplex
    Built in 1973
    -- sqft lot
    $1,125,600 Zestimate®
    $337/sqft
    $-- HOA

    What's special

    Mountain views
    Exceptional Multi-Unit Investment Property in Fast-Growing Grandview – Nearly 2 Acres with Mountain Views Discover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata County’s most active development corridors. Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildings—two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the area’s demand for quality, smaller-footprint housing. Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand. Don’t miss this outstanding investment opportunity in one of Durango’s most strategic growth areas with breathtaking views.
    96 days
    on Zillow
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    290
    |
    9
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    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 06:27am

    Listed by:

    Makala Jewell 970-880-4196,

    EXIT Realty Home & Ranch,

    Jon Tyler Frakes,

    EXIT Realty Home & Ranch

    Source: CREN,MLS#: 823550MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 195 Silverview Lane #1-5.

    Next available tour time:Friday at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Interior area
    • Total structure area: 3,556
    • Total interior livable area: 3,556 sqft

    Property

    Lot
    • Size: 1.8 Acres
    Details
    • Parcel number: 566911104006

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Fiveplex
    Condition
    • New construction: No
    • Year built: 1973

    Community & HOA

    Community
    • Subdivision: Other
    HOA
    • Has HOA: No
    Location
    • Region: Durango

    Financial & listing details

    • Price per square foot: $337/sqft
    • Annual tax amount: $2,251
    • Date on market: 5/1/2025
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