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Sold on 11/30/2023
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3140 W 3146 W 3rd, Durango, CO 81301

  • $1,875,000

    Last sold 11/30/2023 after 48 Days

  • —

    bed

  • 8

    bath

  • 5,120

    Sqft ($366/Sqft)

Multi-family not for sale
Learn about Durango's top local Real Estate agents

About 3140 W 3146 W 3rd

Property type Multi-family
Neighborhood
Year built 1996
HOA fee $0/month
Lot size 0.39 Acre
Parking 9 garage spaces
Property description
Welcome to your next income-producing investment in the heart of scenic Durango, Colorado! This meticulously maintained four-plex offers an exceptional opportunity for savvy investors seeking a solid addition to their portfolio. With three of the units currently generating between $1,800 (1) and $2,000 (2) each in monthly rent and the fourth unit ready for occupancy or customization, this property is primed to attract long-term tenants and generate consistent rental income. The grounds are well kept, the home is spacious and in a consistently cared for condition and the opportunity for growth in rental rate is evident. Consult with City of Durango Planning at assess opportunities for additional rent creation. The property sits well below the current Floor Are Area and Lot Coverage Ratio Thresholds allowing for expansion in use. Tremendous walk score and easy access, as this property is conveniently close to the North City Market and the scenic river trail, making it a sought-after location for tenants.
Listed by
Listing Agent - Joe Clair
Listing Agent Contact: 970-247-3840
Listing Office - Keller Williams Realty Southwest Associates, LLC
Source: Colorado Real Estate Network (CREN) mls logo
MLS#808687 • last updated 2 years ago
Movoto checked Colorado Real Estate Network (CREN) for data 28 minutes ago
Overview
Levels/Style Two, Fourplex, 2
MLS # 808687
Status Closed
SubType Quadruplex
SqFt 5120
Lot Size (Acres) 0.39
Property Tax 4847.6
Buying Office Coldwell Banker Distinctive Properties
Year Built 1996
Interior
Total # of Bathrooms 8
# of Full Baths 4
# of Half Baths 4
Appliances Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
Interior Features Ceiling Fan(s)
Exterior
Parking Attached, Garage, Paved, On Street
# of Parking Spaces 2
Amenities / Utilities
Water Source Public
Location
Subdivision Animas City
Area Durango In Town
Elementary School Riverview K-5
Middle School Miller 6-8
High School Durango 9-12
APN 566517113023
Zoning Residential Multi Family
Multifamily Details
Total # of Units 4
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
We are not permitted to show value estimates for this property.
  • 3140 W 3146 W 3rd
    $1.87M
  • Durango In Town
    —
  • 81301
    $869K -3% y/y
  • Durango
    $867K -3% y/y
No chart available
Statistics calculated by Movoto

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8/10
Needham Elementary School
public Grades PK, K-5
Durango 9-R School District
6/10
Miller Middle School
public Grades 6-8
Durango 9-R School District
7/10
Durango High School
public Grades 9-12
Durango 9-R School District
Source: GreatSchools.org © 2026. All rights reserved.

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