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Sold on 07/31/2024
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574 E 2nd Ave, Durango, CO 81301

  • $795,400

    Last sold 07/31/2024 after 318 Days

  • —

    bed

  • 6

    bath

  • 2,195

    Sqft ($362/Sqft)

Multi-family not for sale
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About 574 E 2nd Ave

Property type Multi-family
Neighborhood
Year built 1908
HOA fee $0/month
Property description
All units are now rented at market value, making this an incredible investment opportunity in downtown Durango! This property is an incredibly rare find with six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units had been vastly under rented in the past as rents had not been increased in several years and were not reflective of the current market value, but the owner has spent the past several months increasing the rents as the units came vacant, and now all units are rented at market rate making this a very viable investment. Don't miss this opportunity to own a cash flowing property in an unbeatable location!
Listed by
Listing Agent - Todd Sieger
Listing Agent Contact: 970-259-3333
Listing Office - Coldwell Banker Distinctive Properties
Source: Colorado Real Estate Network (CREN) mls logo
MLS#808016 • last updated 1 year ago
Movoto checked Colorado Real Estate Network (CREN) for data 8 minutes ago
Overview
Heating Natural Gas
Levels/Style Two, Victorian, 2
MLS # 808016
Status Closed
SubType Multi Family
SqFt 2195
Property Tax 1427.68
Buying Office Coldwell Banker Distinctive Properties
Year Built 1908
Interior
# of Three-Quarter Baths 5
Total # of Bathrooms 6
# of Full Baths 1
Flooring Carpet, Linoleum
Appliances Oven, Range, Refrigerator
Exterior
Parking On Street
Amenities / Utilities
Water Source Public
Location
Subdivision Not Applicable
Area Durango In Town
Elementary School Park K-5
Middle School Miller 6-8
High School Durango 9-12
APN 566529308001
Zoning Residential Multi Family
Multifamily Details
Owner Pays CommonAreaMaintenance, ExteriorMaintenance, Insurance, Repairs, SnowRemoval, Taxes
Total # of Units 6
Lot/ Land Details
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 808016
  • Jul 31, 2024 Sold
    $795,400 (-3.0%)
  • Jul 11, 2024 Pending
    —
  • Sep 17, 2023 Listed
    $819,900
  • 574 E 2nd Ave
    $795K
  • 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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