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E Main Street Multifamily Complex
For Sale
$1,450,000

531 E Main Street, Buena Vista, CO 81211

8-unit apartment complex near Arkansas River with strong rental potential.

Property Size5,760 SF
Price / SF$251.74
Days on Market140

Property Features for 531 E Main Street

General Information

Standard status Active
Size 5,760 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,419

Amenities

Composition Roof
Corner

Building Details

Year Built 1975
Listing Agency: COLDWELL BANKER COLLEGIATE PEAKS REALTY
Listed By: AUSTINA CAMPBELL · License #040034058
Source: Corcoran
Added: Apr 20 Changed: Sep 5 Last Checked: Sep 5 at 9:16AM

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 COLDWELL BANKER COLLEGIATE PEAKS REALTY

Investment Insights

Based on property information with market context.

This is an 8-unit multi-family apartment complex located on E. Main Street, near the Arkansas River and downtown amenities. Each unit offers approximately 700 square feet of living space, with two dedicated parking spaces per unit. The unit breakdown includes four units with 2 bedrooms, ¾ bath with tiled walk-in showers, all-in-one washer/dryer, and granite countertops, and four units with 2 bedrooms, a full bath, and granite countertops. The complex provides modern finishes, practical layouts, and easy access to recreation, dining, and shopping. This property is suitable for investors looking to expand their portfolio or secure an income-producing asset.

Key Highlights

  • Prime location on E. Main Street, moments from the Arkansas River and close to downtown amenities.
  • Strong rental potential in a highly desirable area.
  • Eight‑unit multi‑family complex, ideal for investors seeking income‑producing assets.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Computer & Electronic Repair Home Appliance Store

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

562
Businesses Nearby

Demographics for 81211, CO

8,224
Population
4,154
Households
2
Avg Household Size
46
Median Age
35%
College-Educated
91%
High-School Grad
477.7 sq mi
ZIP Area
17
Density / Sq Mi
$62,132
Median Household Income
$37,910
Median Earnings
$1,413
Median Rent
$566,200
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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Frequently Asked Questions

What type of property is this?
Apartment building - 8-unit apartment complex near Arkansas River with strong rental potential.
Where is this apartment building located?
The property is located at 531 E Main Street Buena Vista, CO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location on E. Main Street, moments from the Arkansas River and close to downtown amenities.; Strong rental potential in a highly desirable area.; Eight‑unit multi‑family complex, ideal for investors seeking income‑producing assets.
More about this property
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