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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.
    View details
    Six-Unit Apartment Building with Rooftop Patio
    Updated: Jan 2
    Six-Unit Apartment Building with Rooftop Patio

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

    $1,351,000
    7,314 sqft
    Six apartment units in one 7,314‑square‑foot, two‑story building
    Two covered decks and a rooftop patio with accessible roof access
    B‑1 zoning, corner‑lot position, and street access on 3 sides
    Major $600,000 remodel completed from 2017‑19, plus permitted 2021 upgrades
    Approximately 90% new plumbing and 90% new wiring, with 5 new electric meters
    View details
    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    147 E Main Street, Montrose, CO 81401

    $1,351,000
    7,318 sqft

    Income-producing multifamily property with short and long-term rental history.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Furnished 6-Unit Apartment Building
    Furnished 6-Unit Apartment Building

    6-147 E Main St, Montrose, CO 81401

    $1,351,000
    7,318 sqft

    Downtown building offers furnished apartments, rooftop and deck space, updated systems, storage, and B-1 zoning.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Montrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    920 Iowa Avenue, Palisade, CO 81526

    $1,800,000
    5,530 sqft 0.35 AC lot

    New multifamily construction includes a balanced mix of one- and two-bedroom residences with individual heating and cooling.

    View details
    Apartment Building with Development Parcel
    Apartment Building with Development Parcel

    1511 Main Street, Ouray, CO 81427

    $7,995,000
    10,535 sqft 1.94 AC lot

    Under-construction multifamily property with three-bedroom units, radiant heating, mini-split systems, and an oversized two-car garage.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    920 Iowa Avenue, Palisade, CO 81526

    $1,800,000
    5,530 sqft

    Newly built multifamily property with varied bedroom layouts, full appliances, and active leases that transfer with the sale.

    View details
    Apartment Development with Expansion Plan
    Apartment Development with Expansion Plan

    1511 Main St, Ouray, CO 81427

    $7,995,000
    10,535 sqft

    Partially completed apartment project with additional land, approved plans, and infrastructure prepared for continued development.

    View details

    Off-Market Properties in Montrose, CO

    Consider similar Off-Market properties in Montrose, 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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    119 Lot Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    119 Lot Ave, Montrose, CO 81401-3762

    Unit A
    $255,000
    Estimated value
    5,618 sqft 0.33 AC lot
    View details
    520 Miami Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    520 Miami Rd, Montrose, CO 81401-4140

    $250,000
    Estimated value
    3,650 sqft 0.45 AC lot
    View details
    1101 Cascade Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1101 Cascade Ave, Montrose, CO 81401-4932

    $265,000
    Estimated value
    2,550 sqft 0.29 AC lot
    View details

    Montrose, CO Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Montrose, CO, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,250 square feet of properties for sale, with an estimated market value of $5,404,000.

    Sale prices for two-family homes in Montrose, CO average $1,351,000 — 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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    Demographics Overview

    Population 36K
    Population Growth (5Y) +8.4%
    Median Household Income $66,924
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Montrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81401 $1.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montrose County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Montrose County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Montrose fall within the 100,000+ square foot range.

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    Featured Montrose Real Estate Agencies

    Realmo connects you with licensed Montrose CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    20 Sleeps West Real Estate
    401 E Main Street Montrose, CO 81401
    Phone: 19709018997
    www.20sleepswestteamelite.com

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