Prime Investment Opportunity – Downtown Bungalow with Rental Appeal Investor alert! This well-located 1-bedroom, 1-bathroom bungalow offers strong potential for rental income or make it your own. Situated on a nice sized lot in the heart of downtown, this property combines classic charm with valuable features ideal for tenants or long-term value growth. Highlights include durable hardwood flooring, a spacious living room, and a basement for added storage—great for tenants or as utility space. The lot features garden boxes, a detached garage, and rare off street RV/boat parking—appealing extras that boost rental desirability. Located within walking distance to Main Street, high school, shopping, banking, restaurants, and pubs, this central location ensures consistent tenant interest. Whether you’re expanding your portfolio, planning a short or long-term rental, or considering redevelopment potential, this downtown bungalow is a solid investment in a high-demand area. ZONED B-1
Sold cren member
$223,500
236 N Cascade Avenue, Montrose, CO 81401
1beds
856sqft
Stick Built
Built in 1888
6,098.4 Square Feet Lot
$223,700 Zestimate®
$261/sqft
$1,267 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 02:07pm
Listed by:
Valerie Meyers 970-209-1378,
Coldwell Banker Distinctive Properties
Bought with:
Tate Rogers
Rogers Real Estate Group, LLC
Source: CREN,MLS#: 823988

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 154.89
- Dimensions: 13.67 x 11.33
Dining room
- Features: Living Room Dining
Kitchen
- Area: 174.46
- Dimensions: 13.25 x 13.17
Living room
- Area: 367.88
- Dimensions: 27.25 x 13.5
Cooling
- Ceiling Fan(s)
Appliances
- Included: Range, Refrigerator
- Laundry: W/D Hookup
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Hardwood, Vinyl
- Windows: Window Coverings, Vinyl, Wood Frames
- Basement: Basement-below grade,Unfinished
Interior area
- Total structure area: 856
- Total interior livable area: 856 sqft
- Finished area above ground: 856
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Porch
- Frontage length: 150'+ Frontage
Lot
- Size: 6,098 sqft
- Dimensions: 100 x 63
- Features: Corner Lot
Details
- Additional structures: Garage(s)
- Parcel number: 376728160001
- Zoning description: Commercial,Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Stick Built
Materials
- Wood, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception
Community & neighborhood
Location
- Region: Montrose
- Subdivision: None
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.