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Sold on 08/12/2021
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423 E 8th Ave, Durango, CO 81301

  • $1,431,000

    Last sold 08/12/2021 after 59 Days

  • bed

  • 6

    bath

  • 3,904

    Sqft ($367/Sqft)

Multi-family not for sale
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About 423 E 8th Ave

Property type Multi-family
Neighborhood
Year built 2013
HOA fee $0/month
Lot size 7,405 Sqft
Property description
Perfect turn-key 1031 or investment property conveniently located in downtown Durango! This immaculate triplex was built in 2013 and features nine bedrooms and six baths. Each unit is finished with fantastic elements that include bamboo flooring, granite countertops, stainless appliances, attractive window treatments, individual laundry rooms, ample storage space, and a fire sprinkler system. Unit A has three bedrooms, two baths and two offices with a spacious living area. Units B and C each consist of three bedrooms and two baths with open floor plans and an abundance of natural light. The exterior features low-maintenance stucco and stone siding plus worry-free Trex composite decking. The lot is enclosed with a metal privacy fence and there are eight paved parking spaces with a lighted pathway and a private entrance with bike racks and deck space to each unit. Two of the leases expire at the end of July 2021 at which time new tenants will be placed by the current owner unless the new owner prefers to qualify and place their own. Do not miss out on this incredible rare opportunity to own a turn-key intown investment property!
Listed by
Listing Agent - Melissa Mayer
Listing Agent Contact: 970-624-0444
Listing Office - Legacy Properties West Sotheby's Int. Realty
Source: Colorado Real Estate Network (CREN) mls logo
MLS#783329 • last updated 4 years ago
Movoto checked Colorado Real Estate Network (CREN) for data 2 minutes ago
Overview
Heating Forced Air
Levels/Style Two, 2
MLS # 783329
Status Closed
SubType Triplex
SqFt 3904
Lot Size (Acres) 0.17
Property Tax 3000
Buying Office Coldwell Banker Distinctive Properties
Year Built 2013
Interior
Total # of Bathrooms 6
# of Full Baths 3
# of Half Baths 3
Flooring Wood
Appliances Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Interior Features Ceiling Fan(s)
Exterior
Construction Metal Siding, Stucco
Parking Paved, Parking Space(s), Rear/Side/Off Street
# of Parking Spaces 8
Exterior Features Deck, Fence, Landscaping
Patio/Porch Deck
Fencing Privacy
Amenities / Utilities
Water Source Public
Location
Subdivision Mountain View
Area Durango In Town
Elementary School Park K-5
Middle School Escalante 6-8
High School Durango 9-12
APN 566529410011
Zoning Residential Multi Family
Multifamily Details
Owner Pays Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
Total # of Units 3
Lot/ Land Details
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • 423 E 8th Ave
    $1.43M
  • Durango In Town
  • 81301
    $869K -3% y/y
  • Durango
    $867K -3% y/y
No chart available
Statistics calculated by Movoto

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7/10
Park Elementary School
public Grades PK, K-5
Durango 9-R School District
5/10
Escalante 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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