Turnkey Duplex With Two
For Sale
$1,050,000
Pending
3226 & 3228 W 4th Ave, Durango, CO 81301
Well-maintained duplex with updated interiors, two rental units, dedicated carport parking, and east-facing decks.
Property Size3,888 SF
Days on Market96
Property Features for 3226 & 3228 W 4th Ave
General Information
Standard status
Pending
Size
3,888 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1981
Year Renovated
2024
Tenancy
Multi
Listing Agency:
Legacy Properties West Sotheby's Int. Realty
Listed By:
Katie Sturm C · License #FA40047489
(970) 799-3975
Source:
Mountainmeadowrealestate
Added: Jun 7
Changed: Sep 4
Last Checked: Sep 9 at 8:06PM
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 Legacy Properties West Sotheby's Int. Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two income-producing units with a documented gross income of $6,400 per month, including $3,600 for the North Unit and $2,800 for the South Unit. The property is described as turn-key and includes updates and 2024 capital improvements such as new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, and upgraded appliances including new dishwashers, a new refrigerator, and a new dryer. Both units also include dedicated outdoor spaces, with east-facing decks and a shared, view-centric backyard with a fire pit. The North Unit is reported to be 2,448 square feet with 4 bedrooms and 3.5 bathrooms, including a 2004 addition, and the South Unit is reported to be 1,440 square feet with 3 bedrooms and 2.5 bathrooms.
The exterior includes new main roofs from 2019 and new carport roofs from 2024. Parking is provided via dedicated carport spaces, along with outdoor storage sheds. The property is listed with no HOA restrictions and a 30-day minimum rental allowance.
Per the listing, the duplex is located at 3226 W 4th Ave, Durango, CO 81301, approximately half a block from the Animas Mountain Trailhead, three blocks from the Animas River, within walking distance to North City Market, and a short drive to downtown Durango and Purgatory Resort.
The exterior includes new main roofs from 2019 and new carport roofs from 2024. Parking is provided via dedicated carport spaces, along with outdoor storage sheds. The property is listed with no HOA restrictions and a 30-day minimum rental allowance.
Per the listing, the duplex is located at 3226 W 4th Ave, Durango, CO 81301, approximately half a block from the Animas Mountain Trailhead, three blocks from the Animas River, within walking distance to North City Market, and a short drive to downtown Durango and Purgatory Resort.
Key Highlights
- Duplex built in 1981 with 2 rental units: North Unit rents $3,600/mo and South Unit rents $2,800/mo.
- Gross income listed at $6,400/month; no HOA restrictions and a 30‑day minimum rental allowance.
- 2024 $50,000 capital improvement: new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, upgraded appliances.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
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Business Placement
Demographics for 81301, CO
30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with updated interiors, two rental units, dedicated carport parking, and east-facing decks.
Where is this duplex located?
The property is located at 3226 & 3228 W 4th Ave Durango, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Duplex built in 1981 with 2 rental units: North Unit rents $3,600/mo and South Unit rents $2,800/mo.; Gross income listed at $6,400/month; no HOA restrictions and a 30‑day minimum rental allowance.; 2024 $50,000 capital improvement: new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, upgraded appliances.
