Residential Income · Active
Durango, CO 81303
0 Baths · 5,974 Sq Ft
$2,900,000
Multi Family
Property Type
4.17 acres
Lot Size
1963
Year Built
$485
Price per Sq Ft
1
Parking Spaces
832767
MLS #
About This Property
RARE opportunity to own a multi- family property on 4.1 acres with 400 feet of peaceful ANIMAS RIVER FRONTAGE! Directly downstream from Purple Cliffs Gold Medal fishing. Held by the same family for decades, this property is ideal for a private residence, generational living, passive income, 1031/721 exchange needs and has upside through rent increase to current market levels. Recent investments of approximately $40,000 include a new roof, exterior paint and a new river walkway.This well maintained property is fully rented and boasts a very strong rental history.Three separate buildings contain 9 seperate, individually metered dwelling units.
Two studio apartments, four one bedroom apartments, a two bedroom apartment, a two bedroom house and a three bedroom house.Plus there is an 880 Sq. ft. shop building Enjoy tranquil, secluded living along the ANIMAS RIVER located just five miles south of historic downtown Durango.Tenants and owners can sit outsid eand enjoy the relaxing sounds that only a river front property offers. Don't miss this rare combination of versatility acreage, river frontage and location.
211 days on market
Listed by eXp Realty, LLC · 970-946-0101
Property Details
| Property Type | Residential Income |
| Sub Type | Multi Family |
| Status | Active |
| Price per Sq Ft | $485 |
| Subdivision | Rivers End |
| MLS # | 832767 |
| Days on Market | 211 |
| Year Built | 1963 |
| Lot Size (Sq Ft) | 181,645 |
| Acres | 4.17 |
| Annual Taxes | $4,852 |
| Tax Year | 2025 |
| State | CO |
| County | La Plata |
| Zoning | Residential,Residential Multi Family |
| Flooring | Carpet, Linoleum |
| Appliances | Dishwasher, Dryer, Oven, Refrigerator, Washer |
| Garage | Yes |
| Garage Spaces | 1 |
| Parking Features | Common, Garage, Off Street, Paved, Detached, 2-10 Total Spaces |
| Roof | Metal |
| Architectural Style | Other, Garden/Low Rise Apts |
| New Construction | No |
| Listing Terms | 1031 Exchange, Cash, Conventional |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 4/28/2026 |
Price change Source: Colorado Real Estate Network (CREN) #832767 |
$2,900,000 -17.1% $485/sqft |
| 3/23/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #832767 |
$3,500,000 $586/sqft |
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.
TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
“COPYRIGHT (2026) by COLORADO REAL ESTATE NETWORK” 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN)
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Thank you — a Mont Haus broker will be in touch shortly.