Six-Unit Multifamily with Rooftop
For Sale
$1,351,750
147 E Main St 147 Main #18 N Selig, Montrose, CO 81401
Six apartments in a two-story building with two covered decks, rooftop patio, and furnished units for flexible occupancy.
Property Size7,314 SF
Price / SF$184.82
Days on Market361
Property Features for 147 E Main St 147 Main #18 N Selig
General Information
Standard status
Active
Size
7,314 SF
Property subtype
Multi Family
Building Details
Year Built
1960
Listing Agency:
Telluride Realty, LLC
(970) 708-0494
Listed By:
Scott Elkins
(970) 708-0494
Source:
Exitrealty
Added: Aug 10, 2025
Changed: Jul 20
Last Checked: Aug 5 at 6:13AM
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 Telluride Realty, LLC
Investment Insights
Based on property information with market context.
This 6-unit multifamily property is arranged in a two-story layout with two covered decks and a rooftop patio. Units are described as fully furnished, and the building includes multiple storage options, including five extra storage units (three inside the lobby and two outside). The offering also notes substantial system updates, including 90% new plumbing and 90% new wiring, multiple new electric meters, and upgrades such as new windows and new flooring across most areas. A monitored fire suppression system is listed as code compliant, along with stainless appliances and high ceilings in many units. Building-wide master fiber WiFi is also noted for potential additional income.
The parcel is a corner lot with street access on three sides. Public remarks indicate the property is zoned B-1, with city parking in multiple nearby locations. The building is presented as an income-producing asset with both short- and long-term rental history, and utilities are described as partially tenant-paid via five electric meters and two gas meters, while the owner pays sewer, water, and trash.
The remarks also provide apartment configuration detail for multiple units, including a large front unit identified as 3000 square feet with bedrooms and baths plus decks and rooftop patio access, along with additional unit layouts summarized by bedroom and bathroom counts. The property is reported to have undergone a major remodel in 2017–2019 and permitted upgrades in 2021.
The parcel is a corner lot with street access on three sides. Public remarks indicate the property is zoned B-1, with city parking in multiple nearby locations. The building is presented as an income-producing asset with both short- and long-term rental history, and utilities are described as partially tenant-paid via five electric meters and two gas meters, while the owner pays sewer, water, and trash.
The remarks also provide apartment configuration detail for multiple units, including a large front unit identified as 3000 square feet with bedrooms and baths plus decks and rooftop patio access, along with additional unit layouts summarized by bedroom and bathroom counts. The property is reported to have undergone a major remodel in 2017–2019 and permitted upgrades in 2021.
Key Highlights
- 6‑unit, two‑story multifamily on Main St, Montrose (corner lot); built in 1960 with all units in one building.
- Units include 2 covered decks and a rooftop patio; property is sold fully furnished (7 fridges, 5 washer/dryers, 5 stoves, and more).
- Major remodel in 2017–2019 with permitted upgrades in 2021; 90% new plumbing and 90% new wiring, plus many new windows and 90%+ new flooring.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
Explore this area
Business Placement
Demographics for 81401, CO
23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six apartments in a two-story building with two covered decks, rooftop patio, and furnished units for flexible occupancy.
Where is this apartment building located?
The property is located at 147 E Main St 147 Main #18 N Selig Montrose, CO.
What is the asking price?
The asking price for this property is $1,351,750.
What are key features of this property?
This property features: 6‑unit, two‑story multifamily on Main St, Montrose (corner lot); built in 1960 with all units in one building.; Units include 2 covered decks and a rooftop patio; property is sold fully furnished (7 fridges, 5 washer/dryers, 5 stoves, and more).; Major remodel in 2017–2019 with permitted upgrades in 2021; 90% new plumbing and 90% new wiring, plus many new windows and 90%+ new flooring.
