Amazing investment opportunity! Great triplex across from iconic Star Drive In. Walking distance to downtown, hospital, schools, parks and restaurants. Large lot with possibilities to expand. Ample parking for guests. Always rented, never vacant. Endless possibilities, you won't want to miss this one!! Contact City Planner for additional information regarding site plans, etc.
Sold for $200,000
$200,000
557 Miami Rd, Montrose, CO 81401
--beds
3,260sqft
MultiFamily
Built in 1961
-- sqft lot
$431,100 Zestimate®
$61/sqft
$1,506 Estimated rent
Home value
$431,100
$336,000 - $539,000
$1,506/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Other
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood, Laminate
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,260 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Other, Wood
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.40 Acres
Details
- Parcel number: 376727113009
- Zoning: Residential Multi Family
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1961
Community & neighborhood
Location
- Region: Montrose
Other
Other facts
- Sale/Rent: For Sale
- Status: Active
- Multi Story: Yes
- ZONING: Residential Multi Family
- Type: Triplex
- ROOF: Architectural Shingles
- LFD_FOUNDATIONBASEMENT_96: Crawl Space
- 1/4 Baths: 0
- 1/2 Baths: 0
- Full Baths: 2
- Sign on Property Y/N: Yes
- Total Office/Den(s): 0
- 3/4 Baths: 2
- Property Attached Y/N: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2025 | Sold | $200,000-35.2%$61/sqft |
Source: Public Record Report a problem | ||
| 8/14/2018 | Sold | $308,500-5.1%$95/sqft |
Source: Public Record Report a problem | ||
| 6/20/2018 | Price change | $325,000-1.5%$100/sqft |
Source: 8Z Real Estate #744115 Report a problem | ||
| 5/31/2018 | Price change | $330,000-1.5%$101/sqft |
Source: 8Z Real Estate #744115 Report a problem | ||
| 4/23/2018 | Listed for sale | $335,000+28.9%$103/sqft |
Source: 8Z Real Estate #744115 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,699 -11.1% | $42,850 -1.5% |
| 2023 | $3,036 +38.2% | $43,500 +45.5% |
| 2022 | $2,197 +17.8% | $29,900 -4.9% |
Find assessor info on the county website
Neighborhood: 81401
Nearby schools
GreatSchools rating
- 3/10Johnson Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 6/10Centennial Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Montrose High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Johnson K-5
- Middle: Centennial 6-8
- High: Montrose 9-12
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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