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2091 Locust Rd Montrose, CO 81401

For Sale
$1,200,000

Fourplex - Montrose, CO

Property size:
4,903 SF
Lot size:
2.54 Acres
Days on Market:
93
Last Refresh:
Dec 6 at 8:06 am

Property Features for 2091 Locust Rd

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
4,903 SF
Lot size
2.54 Acres

Building Details

Year built
1932
Architectural style
Other

Keller Williams Realty Southwest Associates (970) 247-3840 [email protected]

Listing agent Colleen Aller (970) 596-0870

Listing date Sep 5, 2025

MLS# 828244 Listing URL

Copyright © 2025 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.


Overview

Montrose Fourplex: Investment Opportunity

Located in Montrose, Colorado, this fourplex presents a multifamily investment opportunity. The property is zoned R-4 High Density Residential, offering flexibility for various multifamily uses and potential long-term development. The property features multiple rental units with established tenancy, providing immediate cash flow. Each unit includes private entrances, functional floorplans, and off-street parking. The location provides convenient access to downtown Montrose, Montrose Regional Airport, schools, shopping, dining, and medical services. Nearby parks, walking trails, and the Uncompahgre River corridor offer outdoor recreation opportunities. Montrose attracts new residents seeking quality of life, affordability, and year-round recreation. The property is positioned for long-term growth, given the increasing population and housing needs. The R-4 zoning allows for potential additional units, redevelopment, or expansion, subject to city approval. The property offers a chance to secure an asset with current income and future growth potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Montrose
County
Montrose
State
Colorado
Longitude
-107.8555998
Latitude
38.4927816

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex in Montrose, Colorado, with long-term development potential.
Where is this quadplex located?
The property is located at 2091 Locust Rd Montrose, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - R-4 High Density Residential zoning allows for flexible multifamily uses.; - Multiple rental units with established tenancy provide immediate and stable cash flow.; - Prime location near downtown Montrose, Montrose Regional Airport, schools, shopping, dining, and medical services.
More about this property
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