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Duplex with Large Lot in Ouray
For Sale
$850,000

129 & 131 Loretta Court, Ouray, CO 81427

MULTIFAMILY, Ouray, CO

Property Size1,952 SF
Lot Size0.32 Acres
Price / SF$435.45
Days on Market143

Property Features for 129 & 131 Loretta Court

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 4
Full bathrooms 3
Rooms Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Directions From downtown Ouray, travel north on Highway 550 and turn right on Loretta Court and the property is on your right.
Standard status Active
Size 1,952 SF
Lot size 0.32 Acres

Building Details

Year built 1972
Listing Agency: Wells Group Real Estate
Listed By: Katherine Maureen O'Leary
Added: Apr 5 Changed: Aug 19 Last Checked: Aug 25 at 9:06PM
MLS# 833184

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This in-town duplex at 129 & 131 Loretta Court was built in 1972 and sits on a 0.32-acre lot. The property totals 1,952 square feet and is configured with two bedrooms and two bathrooms in each unit, along with large front porches and laundry rooms.

Unit 131 includes a tastefully updated kitchen and updated bathrooms, plus a spacious living room with ample natural light from large windows. The property also offers generous parking and views.

The layout supports a live-in/rent-out scenario, with the option to rent both units. The City of Ouray should be consulted as part of buyer due diligence regarding any potential for additional units based on current zoning and the lot size.

Key Highlights

  • 0.32‑acre lot with 1,952 SF duplex at 129 & 131 Loretta Court
  • Two bedrooms and two bathrooms in each unit
  • Large front porches plus in‑unit laundry rooms

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 81427, CO

1,099
Population
953
Households
1.2
Avg Household Size
50
Median Age
61%
College-Educated
96%
High-School Grad
74.7 sq mi
ZIP Area
15
Density / Sq Mi
$82,851
Median Household Income
$43,500
Median Earnings
$954
Median Rent
$562,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - In-town duplex on a large lot with two bedrooms and two bathrooms in each unit plus laundry rooms and generous parking.
Where is this duplex located?
The property is located at 129 & 131 Loretta Court Ouray, CO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 0.32‑acre lot with 1,952 SF duplex at 129 & 131 Loretta Court; Two bedrooms and two bathrooms in each unit; Large front porches plus in‑unit laundry rooms
More about this property
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