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Multi-Family Property with Main House
For Sale
$130,000

225 / 235 GCR 309, Parshall, CO 80468

COMMERCIAL - Ranch - Parshall, CO

Property Size3,675 SF
Lot Size0.35 Acres
Price / SF$35.37
Days on Market369

Property Features for 225 / 235 GCR 309

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Bedrooms 6
Bathrooms 5
Full bathrooms 1
Rooms Bedroom 1, Bedroom 3, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Laundry Room, Bedroom 5, Bathroom 5, Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 4
Patio and Porch features Patio
Appliances Refrigerator, Oven, Range
Subdivision PARSHALL
Lot features Level
View River
Elementary school West Grand
Middle school West Grand
High school West Grand
Elementary school district West Grand School District 1-JT
Middle school district West Grand School District 1-JT
High school district West Grand School District 1-JT
Standard status Active
APN 144518207004
Size 3,675 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Subd: BROWNS ADDITION TO PARSHALL Lot: 10,11 Block: 1 S2 LOT 10 & Lot: 8,9,10 Block: 1 N2 OF LOT 10
Tax Annual Amount 1626
Legal Description Subd: BROWNS ADDITION TO PARSHALL Lot: 10,11 Block: 1 S2 LOT 10 & Lot: 8,9,10 Block: 1 N2 OF LOT 10

Building Details

Year built 1947
Building materials Frame
Architectural style Ranch
Listing Agency: Coldwell Banker Elevated Realty · Coldwell Banker Real Estate
Listed By: Amber Lemon · License #100004488
Added: Jul 30, 2025 Changed: Jul 20 Last Checked: Aug 2 at 12:06AM
MLS# 25-1107

Copyright © 2026 Grand County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale multi-use property includes five apartments along with a main house configured as a two-bedroom residence. The seller notes the main house previously operated as the Parshall Post Office, and it presents a character-filled opportunity for an owner’s updates and personalization. The overall property size is approximately 3,675 square feet on about 0.35 acres, supporting a combined live-and-rent or all-rental approach depending on how the units are utilized.

Located in Parshall, Colorado, the home features river views. The listing also describes convenience to public land and the Colorado River within walking distance, and it notes the Williams Fork Reservoir is down the road. This surrounding setting is centered on outdoor recreation, including fishing, boating, and hiking, according to the remarks.

For buyers looking for flexibility, the on-site mix of five apartments plus the two-bedroom main house can be used to support multiple rental arrangements. With renovation work, the property can be adapted to fit a long-term rental plan or a vacation-rental concept, while also allowing an owner to occupy the main residence. The configuration offers an owner/operator the ability to tailor unit use based on their preferred residential strategy.

Key Highlights

  • Ranch‑style property with frame construction, built in 1947
  • Multi‑use setup with 5 apartments plus a main house that has 2 bedrooms
  • River views and within walking distance to public land and the Colorado River

Property Analytics

Current Use

Short term rental ...

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 80468, CO

341
Population
136
Households
2.5
Avg Household Size
45
Median Age
2%
College-Educated
97%
High-School Grad
339.0 sq mi
ZIP Area
1
Density / Sq Mi
$810
Median Rent
$617,200
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 - Includes five apartments and a two-bedroom house, offering flexible residential income or personal living options.
Where is this apartment building located?
The property is located at 225 / 235 GCR 309 Parshall, CO.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Ranch‑style property with frame construction, built in 1947; Multi‑use setup with 5 apartments plus a main house that has 2 bedrooms; River views and within walking distance to public land and the Colorado River
More about this property
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