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Duplex with Outdoor Patio and Detached Garage
For Sale
$275,000

204 S Chestnut, Cortez, CO 81321

Duplex on a corner lot, zoned Neighborhood Business, currently configured as two apartments with outdoor patio access.

Property Size2,028 SF
Price / SF$135.60
Days on Market94

Property Features for 204 S Chestnut

General Information

Standard status Active
Size 2,028 SF
Property subtype Mixed Use

Amenities

3
rectangle, Less than 1/2

Building Details

Year Built 1946
Listing Agency: eXp Realty, LLC
Listed By: Robin Rice
Source: Xome
Added: Apr 29 Changed: Jul 30 Last Checked: Jul 30 at 4:32PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This duplex is currently set up as two apartments on a corner lot, with one unit on the main floor and a basement apartment. The main floor apartment features a spacious living room and dining room, a laundry room, and access to an outdoor concrete patio. Additional outdoor features include a small basketball court, yard space, and a privacy fence, along with a 1-car detached garage. The basement unit is a 1-bedroom, 3/4-bath apartment with a small portion of unfinished basement space.

The property is zoned Neighborhood Business and is approximately two blocks from Main Street (Hwy 160). It’s also described as within walking distance to shopping and schools. The home is older, built in 1946, and would benefit from upgrades.

Interior features include guest facilities (3). This configuration supports multiple uses, including owner-occupancy with rental income or a straight rental setup, depending on how the next owner/operator wants to run the property.

Key Highlights

  • Duplex currently configured as two apartments, main floor plus basement unit
  • Outdoor concrete patio with yard features including a small basketball court and privacy fence
  • Main floor apartment includes large living room, dining room, and laundry room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Florist

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

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby

Demographics for 81321, CO

14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a corner lot, zoned Neighborhood Business, currently configured as two apartments with outdoor patio access.
Where is this duplex located?
The property is located at 204 S Chestnut Cortez, CO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex currently configured as two apartments, main floor plus basement unit; Outdoor concrete patio with yard features including a small basketball court and privacy fence; Main floor apartment includes large living room, dining room, and laundry room
More about this property
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