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5-Unit Multifamily Property
For Sale
$1,295,000

1-5-195 Silverview Ln, Durango, CO 81303

The residences are distributed between two buildings and offer a mix of one- and two-bedroom layouts.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market17

Property Features for 1-5-195 Silverview Ln

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 5

Building Details

Buildings 2
Listing Agency: EXIT Realty Home & Ranch
Listed By: Makala Jewell · License #12806
Source: Exprealty
Added: Oct 1 Changed: Oct 16 Last Checked: Oct 16 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty Home & Ranch

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multifamily property includes five residences in two separate buildings, one with two units and the other with three. The unit mix consists of four one-bedroom, one-bath homes and one two-bedroom, one-bath home. Three residences have been remodeled, while the other two have received updates. All five units are rented.

The property occupies nearly 2 acres in Durango’s Grandview area, minutes from Mercy Hospital and Three Springs. Mountain views are also noted from the elevated site.

Key Highlights

  • Five rented residences across two buildings
  • Four 1‑bedroom, 1‑bath residences and one 2‑bedroom, 1‑bath residence
  • Three units remodeled; two additional units updated

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Cafe & Coffee Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 81303, CO

8,027
Population
4,181
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
93%
High-School Grad
145.3 sq mi
ZIP Area
55
Density / Sq Mi
$94,565
Median Household Income
$42,933
Median Earnings
$1,424
Median Rent
$535,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The residences are distributed between two buildings and offer a mix of one- and two-bedroom layouts.
Where is this multifamily property located?
The property is located at 1-5-195 Silverview Ln Durango, CO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Five rented residences across two buildings; Four 1‑bedroom, 1‑bath residences and one 2‑bedroom, 1‑bath residence; Three units remodeled; two additional units updated
More about this property
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