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5-Unit Apartment Property
New
For Sale
$1,295,000

195 Silverview Lane #1-5, Durango, CO 81303

Five residences occupy two buildings, with a mix of one- and two-bedroom floor plans.

Property Size3,556 SF
Price / SF$364.17
Days on Market4

Property Features for 195 Silverview Lane #1-5

General Information

Standard status Active
Size 3,556 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 5

Building Details

Year Built 1973
Buildings 2
Listing Agency: EXIT Realty Home & Ranch
Listed By: Makala Jewell · License #12806
Source: Durangomountainrealty
Added: Oct 4 Last Checked: Oct 5 at 3:48PM

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 EXIT Realty Home & Ranch

Investment Insights

Based on property information with market context.

Five apartments are distributed between two buildings on nearly 2 acres in Durango. The unit mix comprises four one-bedroom, one-bath residences and one two-bedroom, one-bath residence. Built in 1973, the property has seen improvements in every unit: three have been remodeled and two have been updated. All five units are currently rented.

The property is near Mercy Hospital and Three Springs, within the Grandview area.

Key Highlights

  • Five apartments across two buildings on nearly 2 acres
  • Unit mix: four 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • All five units are currently rented

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store HVAC Service Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 81303, CO

8,027
Population
4,181
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
93%
High-School Grad
145.3 sq mi
ZIP Area
55
Density / Sq Mi
$94,565
Median Household Income
$42,933
Median Earnings
$1,424
Median Rent
$535,800
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?
Apartment building - Five residences occupy two buildings, with a mix of one- and two-bedroom floor plans.
Where is this apartment building located?
The property is located at 195 Silverview Lane #1-5 Durango, CO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Five apartments across two buildings on nearly 2 acres; Unit mix: four 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; All five units are currently rented
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