Building Details

Year Built 1954

Listing Agency: Byrd & Company Real Estate LLC

Listed By: Brian Byrd Show Phone

Source: Mountainmeadowrealestate

Added: Sep 29 Changed: Oct 6 Last Checked: Oct 7 at 12:28PM

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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 Byrd & Company Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1954, this 1,848-square-foot duplex has two residences arranged on separate levels. Each includes two bedrooms, one bathroom, a kitchen, living room, and dining area. The upper residence also has a covered patio and laundry hookups. The lower unit is configured as a walkout basement, with egress windows and city-compliant living space. An attached one-car garage includes additional laundry hookups.

The property occupies a corner parcel made up of three city lots in Hotchkiss. Its two-unit layout, separate kitchens, and distinct living spaces provide a practical setup for multi-household occupancy or rental use.

Key Highlights

• 1,848‑square‑foot duplex with two separate residences
• Each unit has 2 bedrooms, 1 bathroom, a kitchen, living room, and dining area
• Lower unit has a walkout basement design, egress windows, and city‑compliant living space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Building Supply Storage Facility Locksmith

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

269

Businesses Nearby

Explore this area Business Placement

Demographics for 81416, CO

14,304

Population

5,874

Households

2.4

Avg Household Size

42

Median Age

19%

College-Educated

88%

High-School Grad

570.6 sq mi

ZIP Area

25

Density / Sq Mi

$52,174

Median Household Income

$38,324

Median Earnings

$1,043

Median Rent

$282,500

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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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Separate kitchens and living areas provide independent accommodations on both floors.

Where is this duplex located?

The property is located at 385 N 3rd St Hotchkiss, CO.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: 1,848‑square‑foot duplex with two separate residences; Each unit has 2 bedrooms, 1 bathroom, a kitchen, living room, and dining area; Lower unit has a walkout basement design, egress windows, and city‑compliant living space