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Mixed-Use Multifamily Building
For Sale
$2,475,000

1428 Greene Street, Silverton, CO 81433

Mixed-use building with 10 residential units, 3 commercial units, and coin-op laundry, plus covered parking and a partially finished basement.

Property SizeContact for details
Days on Market277

Property Features for 1428 Greene Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Apartment
Zoning Business Pedestrian
Occupancy 100%

Units

Multifamily Units 10
Office Units 3

Additional Details

Sprinkler System Yes

Amenities

Hot Water
Radiant Floor
Composition

Building Details

Year Built 2005
Tenancy Multi
Listing Agency: Keller Williams Realty Southwest Associates
Listed By: Logan Austin · License #CO
Source: Kw
Added: Jan 15 Changed: Oct 16 Last Checked: Oct 19 at 3:43AM

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 Keller Williams Realty Southwest Associates

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Investment Insights

Based on property information with market context.

This mixed-use multifamily building includes 10 residential units and 3 commercial units. The residential mix features eight spacious 2-bed, 2-bath units with bay windows or French doors, along with two ground-floor units that are described as ADA compliant: one large studio and one 1-bed, 1-bath unit with a separate kitchen area. Each unit has separate electricity meters, while the owner covers other utilities and common area maintenance. Common areas include a coin-op laundry room with two washers and two dryers.

The building is described as being on Silverton’s main street, and the exterior has recently been fully painted. The heating system has been improved and optimized, and the property is reported to be 100% occupied with strong historical occupancy and ongoing maintenance since construction.

Behind the building is a carport with four covered parking spaces, with an option to generate additional income as rented parking. A partially finished basement totaling 3,457 square feet is tied into the building’s sprinkler/fire suppression system and has two points of egress. The space is stubbed for an additional bathroom, and it could be used for areas such as a gym, additional office space, or expanded paid storage. The property is located within the Business Pedestrian zoning district, which provides the ability to offer short-term vacation rentals as a use by right.

Key Highlights

  • Mixed‑use building (built 2005) with 10 residential units plus 3 commercial units on Silverton’s main street
  • 100% occupied with historical occupancy; exterior recently fully painted and heating system improved/optimized
  • Coin‑op laundry room with 2 washers and 2 dryers provides additional income

Property Analytics

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Lease Details

3
Office units
10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 81433, CO

652
Population
546
Households
1.2
Avg Household Size
46
Median Age
44%
College-Educated
100%
High-School Grad
223.7 sq mi
ZIP Area
3
Density / Sq Mi
$72,639
Median Household Income
$40,000
Median Earnings
$1,076
Median Rent
$402,900
Median Home Value
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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?
Apartment building - Mixed-use building with 10 residential units, 3 commercial units, and coin-op laundry, plus covered parking and a partially finished basement.
Where is this apartment building located?
The property is located at 1428 Greene Street Silverton, CO.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: Mixed‑use building (built 2005) with 10 residential units plus 3 commercial units on Silverton’s main street; 100% occupied with historical occupancy; exterior recently fully painted and heating system improved/optimized; Coin‑op laundry room with 2 washers and 2 dryers provides additional income
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