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Affordable Duplex with Fenced Yards
For Sale
$285,000

137 and 141 N Madison, Cortez, CO 81321

MULTIFAMILY, Cortez, CO

Property Size1,989 SF
Lot Size0.32 Acres
Price / SF$143.29
Days on Market64

Property Features for 137 and 141 N Madison

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions From Main Street. North on North Madison to property on left at corner of N. Madison and Montezuma
Standard status Active
Size 1,989 SF
Lot size 0.32 Acres

Amenities

fenced backyard

Building Details

Year built 1957
Listing Agency: United Country Blue Sky Homes and Land · United Real Estate
Listed By: Bill Stanley
Added: Jun 21 Changed: Aug 19 Last Checked: Aug 23 at 6:06AM
MLS# 832052

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 duplex offers two residential units at 137 and 141 N Madison in Cortez, Colorado. Each unit includes a fenced backyard and covered off-street parking, and the property is described as well maintained.

The listing notes a convenient in-town setting near schools, grocery, and parks, supporting everyday walk-to needs for tenants.

Additional documentation is available upon request, including rental histories and maintenance records. The property is listed with a lot size of 0.32 acres and an overall building size of 1,989 square feet.

Key Highlights

  • 1957‑built in‑town Cortez duplex with a reported excellent rental history
  • Each unit includes a fenced backyard
  • Each unit has covered off‑street parking

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

925
Businesses Nearby

Demographics for 81321, CO

14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two-unit duplex with fenced backyards and covered off-street parking, with rental and maintenance records available.
Where is this duplex located?
The property is located at 137 and 141 N Madison Cortez, CO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1957‑built in‑town Cortez duplex with a reported excellent rental history; Each unit includes a fenced backyard; Each unit has covered off‑street parking
More about this property
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