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  • $795,400

    574 E 2nd Avenue, Durango, CO 81301

    --beds
    2,195sqft
    Sixplex
    Built in 1908
    -- sqft lot
    $-- Zestimate®
    $362/sqft
    $5,814 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,814/mo

    Zestimate® history
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    $5,814/mo

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    $5,814/mo

    Rent Zestimate®

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    $4,278/mo

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    $4,278/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: July 31, 2024 at 09:27am

    Listed by:

    Todd Sieger 970-375-5530,

    Coldwell Banker Distinctive Properties

    Bought with:

    Todd Sieger, FA40018398

    Coldwell Banker Distinctive Properties

    Source: CREN,MLS#: 808016MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 6
    • Full bathrooms: 1
    • 3/4 bathrooms: 5
    Appliances
    • Included: Range, Refrigerator
    Features
    • Flooring: Carpet, Linoleum
    Interior area
    • Total structure area: 2,195
    • Total interior livable area: 2,195 sqft
    • Finished area above ground: 2,195

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Details
    • Parcel number: 566529308001
    • Zoning description: Residential Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Sixplex
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Water: City Water

    Community & neighborhood

    Location
    • Region: Durango
    • Subdivision: Not Applicable

    HOA & financial

    Other financial information
    • Total actual rent: 5450

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/31/2024Sold$795,400-3%$362/sqft
    Source: CREN #808016
    7/1/2024Listing removed--
    Source: CREN #808016
    9/18/2023Listed for sale$819,900$374/sqft
    Source: CREN #808016
    9/1/2023Listing removed--
    Source: CREN #798434
    9/26/2022Listing removed$819,900$374/sqft
    Source: CREN #798434

    Public tax history

    YearProperty taxesTax assessment
    2025$1,526 +17.5%$33,520 -8.2%
    2024$1,299 -6.6%$36,530
    2023$1,391 -2.6%$36,530 +6.8%

    Find assessor info on the county website

    Neighborhood: 81301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Park K-5
    • Middle: Miller 6-8
    • High: Durango 9-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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