Three-Unit Multifamily
298 Park Ave, Pagosa Springs, CO 81147
For Sale
$730,000
Pending
MULTIFAMILY, Pagosa Springs, CO
Property Size4,012 SF
Lot Size0.44 Acres
Days on Market47
Property Features for 298 Park Ave
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
Size
Lot size
Building Details
Year built
Listing Agency:
Best of Pagosa Springs
(970) 585-8977
Listed By:
Michael Knapp · License #ER100018815
(970) 903-3431
Added: Sep 21
Changed: Nov 4
Last Checked: Nov 6 at 9:06PM
MLS# 839234
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Investment Insights
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This 4,012-square-foot triplex contains three separate two-bedroom, two-bathroom units, providing six bedrooms and six bathrooms in total. Each residence has its own garage, while the property also features stucco siding, a metal roof, landscaping, and a condition described as well kept. Built in 2000, the building sits on 0.44 acres.
The property is located at 298 Park Avenue in Pagosa Springs, Colorado. During the seller’s ownership, occupancy has remained nearly 100%, and the existing operation reports a cap rate of over 7%. Tenants pay their own electric and gas expenses, supporting a lower owner-paid utility burden.
The property is located at 298 Park Avenue in Pagosa Springs, Colorado. During the seller’s ownership, occupancy has remained nearly 100%, and the existing operation reports a cap rate of over 7%. Tenants pay their own electric and gas expenses, supporting a lower owner-paid utility burden.
Key Highlights
- Three separate 2‑bedroom, 2‑bath units
- 4,012 square feet on 0.44 acres
- Each unit includes its own garage; three garages total
Property Analytics
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Lease Details
3
Residential units
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
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex with individual garages, stucco siding, and a metal roof on a landscaped residential parcel.
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 0.44 acres; Each unit includes its own garage; three garages total
