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Two-Story Duplex with Mountain Views
For Sale
$695,000

243 S 8th Street, Pagosa Springs, CO 81147

Two residential units with established long-term rental use near downtown amenities and Pagosa Lakes.

Property Size2,232 SF
Price / SF$311.38
Days on Market27

Property Features for 243 S 8th Street

General Information

Standard status Active
Size 2,232 SF
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 2

Building Details

Year Built 2004
Buildings 1
Stories 2
Listing Agency: Blackmore Group
Listed By: Ryan Poppe
Source: Durangohomesforsale
Added: Aug 26 Changed: Sep 20 Last Checked: Sep 20 at 8:34AM

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 Blackmore Group

Investment Insights

Based on property information with market context.

This 2,232-square-foot duplex was built in 2004 and is configured as a two-story, dual-residence property. The building offers mountain views and has been used as a long-term rental for years, providing an established residential income profile.

Located at 243 S 8th Street in Pagosa Springs, the property is in the downtown area with access to local amenities, scenery, and activities. Uptown and the Pagosa Lakes area are also minutes away, adding convenient reach to additional services and recreation.

Key Highlights

  • Two‑story duplex with mountain views
  • 2,232 SF building completed in 2004
  • Two‑residence configuration

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Locksmith Bakery Auto Parts Store Carpet & Flooring Store Catering Service

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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 81147, CO

12,615
Population
9,258
Households
1.4
Avg Household Size
51
Median Age
42%
College-Educated
96%
High-School Grad
1,355.5 sq mi
ZIP Area
9
Density / Sq Mi
$78,949
Median Household Income
$38,663
Median Earnings
$1,428
Median Rent
$458,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two residential units with established long-term rental use near downtown amenities and Pagosa Lakes.
Where is this duplex located?
The property is located at 243 S 8th Street Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two‑story duplex with mountain views; 2,232 SF building completed in 2004; Two‑residence configuration
More about this property
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