Duplex with Additional Development
146 E 4th Avenue, Durango, CO 81301
For Sale
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Historic duplex with upgraded interiors and attached 1BR unit, plus City approval for additional units to total five.
Property Size1,668 SF
Lot Size0.22 Acres
Price / SF$629.50
Days on Market148
Property Features for 146 E 4th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Multifamily Units
Building Details
Year Built
Tenancy
Listing Agency:
Coldwell Banker Mountain Properties
Listed By:
Daniel Chowen · License #CO
(303) 883-8935
Source:
Crexi
Added: Jun 12
Changed: Nov 1
Last Checked: Nov 6 at 6:41AM
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 Coldwell Banker Mountain Properties
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This historic downtown duplex sits on a 9,375 SF lot and currently features a 1,668 SF duplex configuration with an attached apartment. The main house offers 3BR/2BA with numerous upgrades and remodel work completed by the current owner, including refinished oak floors with new trim, updated primary bathroom finishes, new wiring with a meter and panel, and recently installed appliances. Additional improvements include custom built closets and cabinetry, new attic insulation, a new hot water heater, replaced piping, new toilets, and new sub flooring in the bathrooms, along with interior and exterior painting. The home also includes a deck with side access. The attached 1BR/1BA apartment has been updated and includes a brand new deck with a side entry.
Outside, the property includes a brand new paved driveway and a private rear setting with a gazebo built to house a new hot tub. Each unit has a yard and one parking space, with additional off-street parking available. Documented exterior work includes roof repairs, foundation repointing, some window replacements, a new backyard fence and parking area, a new shed, and drainage work, as well as sewer line cleaning, reshaping, and a new blue liner.
For buyers seeking expansion, the City of Durango has approved an additional three units (for a total of five) on the multi-family lot, along with a ratio allotment of an additional 2,550 SF of improvements. If additional units are built, a Special Use Permit will be required to operate a multi-unit property in the EN-MF zone, and the buyer should investigate any development guidelines with the City of Durango.
Outside, the property includes a brand new paved driveway and a private rear setting with a gazebo built to house a new hot tub. Each unit has a yard and one parking space, with additional off-street parking available. Documented exterior work includes roof repairs, foundation repointing, some window replacements, a new backyard fence and parking area, a new shed, and drainage work, as well as sewer line cleaning, reshaping, and a new blue liner.
For buyers seeking expansion, the City of Durango has approved an additional three units (for a total of five) on the multi-family lot, along with a ratio allotment of an additional 2,550 SF of improvements. If additional units are built, a Special Use Permit will be required to operate a multi-unit property in the EN-MF zone, and the buyer should investigate any development guidelines with the City of Durango.
Key Highlights
- 1925 historic duplex on a 9,375 SF lot in downtown Durango
- City of Durango approved additional units to total 5 units (current 1,668 SF duplex plus approved 3 more units)
- Main house features 3BR/2BA with remodel upgrades including new wiring, meter, and panel
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
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Business Placement
Demographics for 81301, CO
30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Duplex - Historic duplex with upgraded interiors and attached 1BR unit, plus City approval for additional units to total five.
Where is this duplex located?
The property is located at 146 E 4th Avenue Durango, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1925 historic duplex on a 9,375 SF lot in downtown Durango; City of Durango approved additional units to total 5 units (current 1,668 SF duplex plus approved 3 more units); Main house features 3BR/2BA with remodel upgrades including new wiring, meter, and panel
