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Duplex on Corner Lot
For Sale
$630,000

29 Monument Avenue, Pagosa Springs, CO 81147

MULTIFAMILY, Pagosa Springs, CO

Property Size1,680 SF
Lot Size0.48 Acres
Price / SF$375
Days on Market83

Property Features for 29 Monument Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions Go north on Piedra Road, left on Aspenglow Blvd, left on Butte Dr. duplex is on corner of Monument and Butte.
Standard status Active
Size 1,680 SF
Lot size 0.48 Acres

Building Details

Year built 1986
Listing Agency: Jann C Pitcher Real Estate
Listed By: Bill Kinsley
Added: Jun 9 Changed: Aug 19 Last Checked: Aug 30 at 7:06AM
MLS# 832862

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.

Investment Insights

Based on property information with market context.

Located at 29 Monument Avenue in Pagosa Springs, this duplex sits on a 0.48-acre corner lot and was built in 1986. The property totals 1,680 square feet and is arranged as two units, each with approximately 840 square feet, featuring two bedrooms and one full bathroom.

Both units include full kitchens with all appliances conveying, including washers and dryers. Each side also has an attached one-car garage for convenient parking and extra storage.

The duplex is near the lake, with lake access in close proximity. The property is currently occupied, so showings require coordination with the broker and 24-hour notice. The seller indicates a cap rate just under 6%, with options for long-term rental income or owner occupancy with rental potential.

Key Highlights

  • 0.48‑acre corner lot duplex with 1,680 square feet total
  • Two units, each with approximately 840 square feet, two bedrooms, and one full bathroom
  • Attached one‑car garage on each side

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Restaurant HVAC Service Law Firm

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38
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

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 - Each side offers two bedrooms and one full bath with an attached one-car garage on a corner lot.
Where is this duplex located?
The property is located at 29 Monument Avenue Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 0.48‑acre corner lot duplex with 1,680 square feet total; Two units, each with approximately 840 square feet, two bedrooms, and one full bathroom; Attached one‑car garage on each side
More about this property
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