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Lake-View Duplex Income Property

151 Butte Drive Pagosa Springs, CO 81147

151 Butte Drive, Pagosa Springs, CO, 81147
$765,000
For Sale
$765,000

Duplex with two 2-bedroom, 1-bath units and recent roof, paint, and interior updates.

Property Size2,034 SF
Price / SF$376.11
Days on Market486

Property Features for 151 Butte Drive

General Information

Standard status
Active
Size
2,034 SF
Property subtype
MULTIFAMILY / Duplex

Building Details

Year Built
2002
Listing agency Colorado Mountain Retreats Realty, Inc.
Listed by Julie McCallum · License #FA100039902
Source Compass
Added: Mar 24, 2025 Updated: Jul 21 at 4:23PM Checked: Jul 21 at 4:23PM

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 Colorado Mountain Retreats Realty, Inc.


Investment Insights

Based on property information with market context.

This duplex provides two separate homes, each configured with 2 bedrooms and 1 bath. The property has undergone several key improvements over the past several years, including a complete new roof in 2015, new exterior paint in 2018, and new carpet in 2020. Unit #1 includes a new water heater, refrigerator, and washer/dryer in 2020. Unit #2 has had multiple upgrades as well, including a new washer/dryer in 2016, new range, dishwasher, and carpet in 2017, a new refrigerator in 2021, and a new water heater in 2025.

Public remarks note a partial view of the lake. The current tenants have been in residence for many years and would like to remain, and the seller states there is no deferred maintenance with repairs completed prior to the listing.

The offering includes a duplex containing two residential units with independently maintained updates and long-term occupancy.

Key Highlights

  • Income‑producing duplex built in 2002 with two separate 2‑bedroom, 1‑bath homes
  • Complete new roof in 2015; new exterior paint in 2018
  • Interior updates include new carpet in 2020 and multiple kitchen and laundry upgrades across both units

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Auto Repair Shop HVAC Service Law Firm Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Building Supply Kitchen & Bath Showroom Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units and recent roof, paint, and interior updates.
Where is this duplex located?
The property is located at 151 Butte Drive Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Income‑producing duplex built in 2002 with two separate 2‑bedroom, 1‑bath homes; Complete new roof in 2015; new exterior paint in 2018; Interior updates include new carpet in 2020 and multiple kitchen and laundry upgrades across both units
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