Residential Income · Pending
Montrose, CO 81401
7 Baths · 6,208 Sq Ft
$1,300,000
Apartment
Property Type
0.29 acres
Lot Size
1971
Year Built
$209
Price per Sq Ft
838919
MLS #
About This Property
832 N. 2nd St. presents a compelling opportunity to acquire a 7-unit residential income property in one of Western Colorado’s steadily growing rental markets. Ideally located within close proximity to downtown Montrose, this asset benefits from strong tenant demand, convenient access to amenities, and a stable rental environment. Situated right next to City of Montrose Bike/Pedestrian path and park.
The property offers immediate income with existing tenants in place, while also providing upside through rent growth and operational improvements. Its manageable size makes it an attractive option for both seasoned investors and those looking to expand or enter the multi-family sector. With Montrose continuing to experience population growth and increased demand for quality housing, 832 N 2nd St is well-positioned for long-term appreciation and consistent cash flow, making it a strategic addition to any investment portfolio.
41 days on market
Listed by John Renfrow · Renfrow Realty · 970-249-5001
Property Details
| Property Type | Residential Income |
| Sub Type | Apartment |
| Status | Pending |
| Price per Sq Ft | $209 |
| Subdivision | Other |
| MLS # | 838919 |
| Days on Market | 41 |
| Full Baths | 7 |
| Year Built | 1971 |
| Lot Size (Sq Ft) | 12,632 |
| Acres | 0.29 |
| Annual Taxes | $0 |
| Tax Year | 2026 |
| State | CO |
| County | Montrose |
| Zoning | Residential Multi Family |
| Flooring | Carpet, Laminate |
| Appliances | Oven, Refrigerator |
| Garage | No |
| Parking Features | Common, Off Street, Paved, 10-20 Total Spaces, In Rear of Building |
| Roof | Composition |
| Architectural Style | Garden/Low Rise Apts |
| New Construction | No |
| Listing Terms | Cash, Conventional |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/1/2026 |
Pending Source: Colorado Real Estate Network (CREN) #838919 |
— |
| 9/9/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #838919 |
$1,300,000 $209/sqft |
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