2091 Locust Road, Montrose, CO 81401

Building Details

Year built

1932

Listing agent Colleen Aller License #FA100097828 Show Phone

Listing office Keller Williams Realty Southwest Associates, LLC - Montrose g***@dgorealestate.com Durango, CO Show Phone

Listing date Feb 23, 2026

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MLS# 828244 Listing URL

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

2091 Locust Road is a well-maintained multifamily property in Montrose featuring multiple rental units with established tenancy. The unit layout includes private entrances and functional floorplans designed for tenant privacy, with off-street parking available for day-to-day convenience. The property is set on a 2.54-acre lot and totals 4,903 square feet.

The home is located in a central Montrose setting, with access to downtown Montrose, Montrose Regional Airport, schools, shopping, dining, and medical services. Outdoor recreation options are also nearby, including parks, walking trails, and the Uncompahgre River corridor.

This property is positioned for buyers or operators seeking an R-4 High Density Residential asset. The City’s R-4 designation is described as the most flexible residential category and supports a wide range of multifamily uses, subject to city approval for any future redevelopment or expansion. With multiple units already in place and off-street parking on site, the configuration is well-suited to tenants who prioritize straightforward access and privacy.

Suggested Use

Real Estate Agency Law Firm Pharmacy Gym & Fitness Center Bar & Pub Big Box & Wholesale Store Daycare Center Food Market Discount Store Electronics & Wireless Store

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

Location Insight

• Map
• Local Demand

City

Montrose

County

Montrose

State

Colorado

Longitude

-107.855541

Latitude

38.492797

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FAQs

What type of property is this?

Multifamily property - Multifamily in R-4 High Density Residential with multiple units, private entrances, and off-street parking.

Where is this multifamily property located?

The property is located at 2091 Locust Road Montrose, CO.

What is the asking price?

The asking price for this property is $1,099,000.

What are key features of this property?

This property features: 1932‑built multifamily property in Montrose, CO, zoned R‑4 High Density Residential; R‑4 zoning allows a wide range of multifamily uses and supports potential additional units, redevelopment, or expansion (subject to city approval); Multiple rental units with established tenancy for immediate cash flow