Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    853 E College Dr Durango, CO 81301

    For Sale
    $895,000

    Fourplex - Durango, CO

    Property size:
    2,132 SF
    Lot size:
    0.20 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 853 E College Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    2,132 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1907
    Architectural style
    Other

    Harmony Real Estate LLC (970) 759-2546 [email protected]

    Listing agent Mike McAliney (970) 759-0077

    Listing date Aug 19, 2025

    MLS# 824970 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

    Durango Fourplex Near Downtown

    This fourplex is located in close proximity to downtown Durango and Fort Lewis College. The property features a fenced backyard and some off-street parking. The building has a total living area of 2132 square feet and sits on a lot of 0.2 acres. The property is easy to keep rented, and tenants are responsible for all utility payments. Financial records from 2023 and 2024 are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.871123
    Latitude
    37.2681619

    Nearby Similar for Sale

    • $1,350,000
      3,888 SF

      Durango Duplex: Investment Opportunity

      Duplex in Durango with views, outdoor space, and rental income.
      3226 W 4Th Ave, Durango, CO 81301
      View Details
    • New
      $5,895,000
      17,951 SF

      Durango Hotel Investment Opportunity

      Turnkey, 48-room Quality Inn in thriving Durango, Colorado.
      2930 Main Ave, Durango, CO 81301
      View Details
    • $1,800,000
      6,200 SF

      Mixed-Use Property with Established Business

      Commercial property featuring a laundromat and residential unit in Durango.
      1449 Florida Rd, Durango, CO 81301
      View Details
    • $134,000
      1,490 SF

      Established Bar in Downtown Durango

      Well-established bar with loyal customer base and outdoor patio.
      937 Main Ave, Durango, CO 81301
      View Details
    • $800,000
      3,900 SF

      Durango Office Building in Downtown

      Office building in the heart of Durango's Second Avenue District.
      960 E 2Nd Ave, Durango, CO 81301
      View Details
    • $275,000
      1,215 SF

      RiverGate Office Condo with River Views

      Well-maintained office condo in Durango's RiverGate complex with flexible layout.
      555 Rivergate Ln, Durango, CO 81301
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fourplex near downtown and Fort Lewis College in Durango, Colorado.
    Where is this quadplex located?
    The property is located at 853 E College Dr Durango, CO.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Excellent location close to downtown and Fort Lewis College; - Priced at a competitive 5.50% cap rate and $223,750/unit; - Easy to keep rented, making it a solid investment
    (970) 759-0077
    Request Owner's contact information
    853 E College Dr Durango, CO 81301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    853 E College Dr
    Durango, CO 81301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    853 E College Dr Durango, CO 81301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.