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Montrose County, CO Apartment Buildings for Sale

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Montrose Multifamily Investment Opportunity
Updated: Mar 11
Montrose Multifamily Investment Opportunity

147 E Main St, Montrose, CO 81401

$1,351,000
7,300 sqft
High Income Potential: Proven rental history with a 7.46% CAP rate and $177k+ gross income last year.
Prime Location: Downtown Montrose on Main St, a corner lot with walking distance to amenities and proximity to Telluride.
Multiple Income Streams: 5‑6 units with short‑term and long‑term rental options, plus potential income from building‑wide fiber WIFI.
Recently Restored & Upgraded: Featuring a major $600,000 remodel in 2017‑19, including new plumbing/wiring, flooring, stainless appliances, and windows.
Furnished Units: All units are fully furnished with appliances.
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Montrose Multifamily Investment Opportunity
Updated: Nov 4, 2025
Montrose Multifamily Investment Opportunity

147 E Main Street, Montrose, CO 81401

$1,351,000
7,318 sqft
High Income Potential: Boasting a 7.46% CAP rate with $177k++ gross income last year.
Prime Location: Downtown Montrose on Main St, corner lot, near Telluride, with excellent walkability to amenities.
Zoning Advantage: B‑1 zoning provides flexibility.
Recently Renovated: Major $600,000 remodel in 2017‑19 and permitted upgrades in 2021, including new plumbing, wiring, flooring, and stainless steel appliances.
Fully Furnished: Includes all furnishings (fridges, washer/dryers, stoves, etc.).
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Six-Unit Apartment Building with Rooftop Patio
Six-Unit Apartment Building with Rooftop Patio

147 East Main Street, Unit 6S, Montrose, CO 81401

$1,375,000
7,314 sqft

Two-story apartment property with multiple outdoor areas, storage units, and B-1 zoning in a walkable downtown setting.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 3 Active listings in Montrose County, CO, we suggest exploring several alternatives: similar 69 Off-Market properties to explore as potential leads

Off-Market Properties in Montrose County, CO

Consider similar Off-Market properties in Montrose County, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

400 Pythian Ave
APARTMENT HOUSE (UNDER 5 UNITS)

400 Pythian Ave, Montrose, CO 81401-4048

$875,000
Estimated value
3,498 sqft 0.28 AC lot
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831 Selig Ave, Unit 1
APARTMENT HOUSE (5+ UNITS)

831 Selig Ave, Montrose, CO 81401-3027

Unit 1
$830,000
Estimated value
3,839 sqft 0.14 AC lot
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408 Hersum Ave
APARTMENT HOUSE (UNDER 5 UNITS)

408 Hersum Ave, Olathe, CO 81425-5081

$160,000
Estimated value
2,157 sqft 0.03 AC lot
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1026 Park Ave
APARTMENT HOUSE (5+ UNITS)

1026 Park Ave, Montrose, CO 81401-4951

$270,000
Estimated value
5,408 sqft 0.29 AC lot
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4806 Riv Rd
APARTMENT HOUSE (5+ UNITS)

4806 Riv Rd, Olathe, CO 81425-9016

$385,000
Estimated value
13,720 sqft 4.56 AC lot
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596 Roma Ct
APARTMENT HOUSE (5+ UNITS)

596 Roma Ct, Montrose, CO 81401-5035

$315,000
Estimated value
3,684 sqft 1.76 AC lot
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216 Stough Ave
APARTMENT HOUSE (UNDER 5 UNITS)

216 Stough Ave, Montrose, CO 81401-3770

$435,000
Estimated value
5,232 sqft 0.32 AC lot
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11701 5975th Rd
APARTMENT HOUSE (5+ UNITS)

11701 5975th Rd, Montrose, CO 81403-9360

$365,000
Estimated value
4,050 sqft 1.64 AC lot
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308 Ute Ave
APARTMENT HOUSE (UNDER 5 UNITS)

308 Ute Ave, Montrose, CO 81401-3610

$190,000
Estimated value
2,112 sqft 0.12 AC lot
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306 Hersum Ave
APARTMENT HOUSE (5+ UNITS)

306 Hersum Ave, Olathe, CO 81425

$325,000
Estimated value
8,759 sqft 0.36 AC lot
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723 2nd St
APARTMENT HOUSE (5+ UNITS)

723 2nd St, Olathe, CO 81425-5009

$290,000
Estimated value
6,000 sqft 0.32 AC lot
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12431 6450th Rd
APARTMENT HOUSE (5+ UNITS)

12431 6450th Rd, Montrose, CO 81401-8834

$330,000
Estimated value
4,880 sqft 1.00 AC lot
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832 2nd St
APARTMENT HOUSE (UNDER 5 UNITS)

832 2nd St, Montrose, CO 81401-3769

$255,000
Estimated value
3,520 sqft 0.29 AC lot
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448 Main St
APARTMENT HOUSE (5+ UNITS)

448 Main St, Montrose, CO 81401-3930

$335,000
Estimated value
5,023 sqft 0.14 AC lot
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1102 Uncompahgre Ave
APARTMENT HOUSE (5+ UNITS)

1102 Uncompahgre Ave, Montrose, CO 81401-4970

$280,000
Estimated value
5,408 sqft 0.36 AC lot
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347 Main St
APARTMENT HOUSE (5+ UNITS)

347 Main St, Montrose, CO 81401-3927

$365,000
Estimated value
5,600 sqft 0.14 AC lot
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2024 Winston Way
APARTMENT HOUSE (5+ UNITS)

2024 Winston Way, Montrose, CO 81401-5570

$250,000
Estimated value
5,865 sqft 0.29 AC lot
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703 Cedar Crk Ave
APARTMENT HOUSE (UNDER 5 UNITS)

703 Cedar Crk Ave, Montrose, CO 81401-3269

$235,000
Estimated value
3,577 sqft 0.29 AC lot
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2030 Winston Way
APARTMENT HOUSE (5+ UNITS)

2030 Winston Way, Montrose, CO 81401-5586

$250,000
Estimated value
5,865 sqft 0.29 AC lot
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409 9th St
APARTMENT HOUSE (5+ UNITS)

409 9th St, Montrose, CO 81401-4350

$365,000
Estimated value
11,275 sqft 0.36 AC lot
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635 Main St Ste, Unit 100
APARTMENT HOUSE (5+ UNITS)

635 Main St Ste, Montrose, CO 81401-3977

Unit 100
$265,000
Estimated value
4,932 sqft 0.14 AC lot
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Montrose County, CO Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Montrose County, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,932 square feet of properties for sale, with an estimated market value of $4,077,000.

Sale prices for two-family homes in Montrose County, CO start at $1,351,000, averaging $1,359,000, and reaching up to $1,375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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