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Victorian Duplex with Two Units
For Sale
$445,000

35 & 37 S Nevada Avenue, Montrose, CO 81401

COMMERCIAL - Montrose, CO

Property Size1,968 SF
Lot Size0.15 Acres
Price / SF$226.12
Days on Market29

Property Features for 35 & 37 S Nevada Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Directions From Main St and Townsend Ave. Head East on Main Street then right onto S Nevada Ave. Property is located on the left on the NE corner of So. 1st. & Nevada Ave.
Standard status Active
Size 1,968 SF
Lot size 0.15 Acres

Amenities

covered front porch
storage shed

Building Details

Year built 1900
Listing Agency: Keller Williams Realty Southwest Associates, LLC - Montrose
Listed By: Candi Amaya · License #FA100050481
Added: Jul 8 Changed: Aug 4 Last Checked: Aug 5 at 3:06PM
MLS# 835290

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.

This Victorian-style duplex offers two separate units on a landscaped corner lot, with a total of 1,668 square feet. The upstairs unit features one bedroom and one bathroom, while the lower unit includes three bedrooms and 1.5 bathrooms. The property has laminate and carpet flooring, kitchens designed for efficiency, and bathrooms with walk-in shower units and single vanities. While it could use updating, it offers a flexible layout for residential use or mixed-use concepts, including its prior ground-level hair salon operation.

Built in 1900, the exterior includes a small covered front porch, wood siding, and a shingle roof. A circular drive around the back provides access to off-street parking, along with a storage shed for additional on-site storage. The property is positioned in Historic Downtown Montrose, one block off Main Street, within walking distance of restaurants, nightlife, parks, schools, the hospital, medical offices, and local transit pick-up sites.

With its distinctive Victorian character and multi-unit setup, this duplex is well suited for tenants seeking separate living spaces or buyers looking for adaptability in a downtown setting.

Key Highlights

  • Landscaped corner lot with duplex configuration at 35 & 37 S Nevada Avenue
  • Two separate units totaling 1,668 sq ft
  • Upstairs unit: 1 bedroom and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,585
Businesses Nearby

Demographics for 81401, CO

23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Victorian duplex on a landscaped corner lot with two separate units and off-street parking access in Montrose.
Where is this duplex located?
The property is located at 35 & 37 S Nevada Avenue Montrose, CO.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Landscaped corner lot with duplex configuration at 35 & 37 S Nevada Avenue; Two separate units totaling 1,668 sq ft; Upstairs unit: 1 bedroom and 1 bathroom
More about this property
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