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Gated Triplex with Historic Cottage

115 117 & 119 7th Avenue Ouray, CO 81427

115 117 & 119 7th Avenue, Ouray, CO, 81427
$2,400,000
For Sale
$2,400,000

Triplex property with two 3-bedroom units plus a 1-bedroom historic cottage on a gated corner lot.

Property Size4,285 SF
Lot Size0.19 Acres
Price / SF$560.09
Days on Market150

Property Features for 115 117 & 119 7th Avenue

General Information

Standard status
Active
Size
4,285 SF
Lot size
0.19 Acres
Property subtype
Multi Family

Building Details

Year Built
1900
Listing agency LIV Sotheby's International Realty - Telluride
Listed by Jason Raible · License #IA40021807
Source Exitrealty
Added: Feb 21 Updated: Jul 20 at 3:44AM Checked: Jul 21 at 6:19AM

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 LIV Sotheby's International Realty - Telluride


Investment Insights

Based on property information with market context.

Mission Rock is a rare downtown Ouray triplex offering three residences within a premier gated compound on a corner lot with stone walls. The property includes two spacious 3-bedroom, 2-bath units in an up/down duplex format, plus a historic free-standing cottage built circa 1900 that features a 1-bedroom, 1-bath layout with an additional loft. Both livable levels are arranged so that, aside from an office loft, the remaining living space is on one level.

Unit details include a street-level 3-bedroom, 2-bath residence with a west-facing porch and a vaulted/comfortable layout, and an upper 3-bedroom, 2-bath residence with vaulted ceilings, south-facing windows, and a deck. The historic cottage adds a separate 1-bedroom configuration that can support flexible use.

All three units are active short-term rentals with city of Ouray STR licenses, and the property has documented rental history on file (details available through the broker). The compound has been fully renovated with historic adaptation, including use of original stone walls of the main structure and guest house.

Key Highlights

  • Triplex in downtown Ouray with three active short‑term rentals and City of Ouray STR licenses (rental histories on file).
  • $116k gross short‑term rental revenue reported for 2025 across three units.
  • Two spacious 3 bed/2 bath units in an up/down duplex plus a historic c.1900 free‑standing 1 bed/1 bath cottage.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Triplex property with two 3-bedroom units plus a 1-bedroom historic cottage on a gated corner lot.
Where is this triplex located?
The property is located at 115 117 & 119 7th Avenue Ouray, CO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Triplex in downtown Ouray with three active short‑term rentals and City of Ouray STR licenses (rental histories on file).; $116k gross short‑term rental revenue reported for 2025 across three units.; Two spacious 3 bed/2 bath units in an up/down duplex plus a historic c.1900 free‑standing 1 bed/1 bath cottage.
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