Residential · Active
Montrose, CO 81401
4 Beds · 3 Baths · 2,474 Sq Ft
$649,900
Single Family
Property Type
0.22 acres
Lot Size
1912
Year Built
$263
Price per Sq Ft
839245
MLS #
About This Property
Two residences, three city lots, and an incredible location in the heart of Montrose! This unique property offers flexibility, income potential, and plenty of space; all within walking distance of Main Street, local restaurants and amenities. The main home features 1,817 square feet with 3 bedrooms and 2 bathrooms, while the separate 657 square-foot ADU offers its own bedroom, bathroom, living room, kitchen, and dining area. Together, the two residences provide a total of 2,474 square feet of living space.
The detached guest house has a strong short term rental history, creating an excellent opportunity for an investor, 1031 exchange buyer, or owner-occupant looking to offset expenses with rental income. It also offers an ideal setup for multigenerational living, extended family, guests, or a private space for an adult child. Situated on three city lots, the property has seen numerous recent improvements, including a new roof in 2022, refrigerator and washer/dryer in 2023, and substantial exterior updates in 2026. Those updates include fresh exterior paint, a new sprinkler system, new grass, and an impressive 420-square-foot redwood deck, perfect for outdoor dining, entertaining, or relaxing.
Location adds even more value: just two blocks from the hospital, approximately 0.8 miles from the golf course, and close enough to walk to downtown Montrose and enjoy Main Street restaurants, shopping, and community events. Whether you’re looking for a primary residence with a separate guest house, a multigenerational property, or an investment with established rental potential, this property offers a combination of space, versatility, and location that is hard to find in Montrose.
31 days on market
Listed by Jennifer Johnson · NextHome Virtual · 970-258-9300
Property Details
| Property Type | Residential |
| Sub Type | Single Family Residence |
| Status | Active |
| Price per Sq Ft | $263 |
| Subdivision | Other |
| MLS # | 839245 |
| Days on Market | 31 |
| Bedrooms | 4 |
| Full Baths | 3 |
| Year Built | 1912 |
| Lot Size (Sq Ft) | 9,365 |
| Acres | 0.215 |
| Annual Taxes | $2,793 |
| Tax Year | 2026 |
| State | CO |
| County | Montrose |
| Zoning | Residential Single Family |
| Heating | Forced Air |
| Cooling | Evaporative Cooling |
| Flooring | Carpet, Hardwood, Other, Engineered Flooring |
| Appliances | Dishwasher, Disposal, Microwave, Oven, Refrigerator |
| Garage | No |
| Roof | Composition |
| Architectural Style | Contemporary |
| Construction | Wood Siding |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 9/21/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #839245 |
$649,900 $263/sqft |
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