Triplex with Individual
298 Park Ave, Pagosa Springs, CO 81147
For Sale
$730,000
Pending
Three self-contained residences offer private garages, durable exterior materials, and a low-maintenance multifamily configuration.
Property Size4,012 SF
Days on Market49
Property Features for 298 Park Ave
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Best of Pagosa Springs
Listed By:
Michael Knapp · License #4094
(970) 903-3431
Source:
Destinationdro
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 8 at 3:02AM
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 Best of Pagosa Springs
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Investment Insights
Based on property information with market context.
Located at 298 Park Ave in Pagosa Springs, this multifamily property contains three separate 2-bedroom, 2-bath residences totaling 4,012 square feet. Each unit includes its own garage, providing dedicated parking and storage. Built in 2000, the property has stucco siding, a metal roof, and established landscaping on nearly half an acre.
The property has maintained nearly 100% occupancy during the seller’s ownership and currently reflects a cap rate of over 7% based on existing income and expenses. Tenants pay their own electric and gas, while the three-unit layout supports distinct residential spaces within one investment property. Six bedrooms, six bathrooms, and three garages are included overall.
The property has maintained nearly 100% occupancy during the seller’s ownership and currently reflects a cap rate of over 7% based on existing income and expenses. Tenants pay their own electric and gas, while the three-unit layout supports distinct residential spaces within one investment property. Six bedrooms, six bathrooms, and three garages are included overall.
Key Highlights
- Three separate 2‑bedroom, 2‑bath units
- 4,012 square feet on nearly half an acre
- Each residence includes its own garage; three garages total
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three self-contained residences offer private garages, durable exterior materials, and a low-maintenance multifamily configuration.
Where is this triplex located?
The property is located at 298 Park Ave Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Three separate 2‑bedroom, 2‑bath units; 4,012 square feet on nearly half an acre; Each residence includes its own garage; three garages total
