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Duplex Property with Detached ADU
New
For Sale
$775,000

543 S 5th Street, Montrose, CO 81401

Historic brick residence with flexible living areas, finished basement, and a detached accessory dwelling unit.

Property Size3,779 SF
Price / SF$205.08
Days on Market4

Property Features for 543 S 5th Street

General Information

Standard status Active
Size 3,779 SF
Property subtype Commercial/Industrial

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,212

Amenities

fire pit
greenhouse
deck
laundry room

Building Details

Year Built 1900
Buildings 2
Construction brick
Listing Agency: NextHome Virtual
Listed By: Kerri Noonan-Inda · License #FA100041175,PersonLicenseNumber
Source: Exitrealty
Added: Aug 11 Changed: Aug 14 Last Checked: Aug 14 at 5:05AM

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 NextHome Virtual

Investment Insights

Based on property information with market context.

Built in 1900, this brick duplex property combines historic architectural details with multiple living areas and a detached accessory dwelling unit. The primary residence measures approximately 3,400 square feet, including more than 2,300 square feet across the main and upper levels and a finished basement of just over 1,000 square feet. The basement has a separate entrance, living areas, flexible sleeping space, and a 3/4 bath. Original Douglas fir millwork, exposed brick, leaded-glass windows, a bay window, and a fireplace surround add distinctive character. The kitchen includes a built-in refrigerator, gas range and oven, dishwasher, island, and beverage refrigerator. The upper level includes three bedrooms, a full hall bath, and a primary suite with an attached bath and walk-in closet.

The detached ADU, known as the Bird House, offers approximately 400 square feet on the main level plus an upper loft. Its layout includes a bunk room, kitchen, bathroom, and living area. Outdoor improvements include a back deck, yard, fire pit, greenhouse, and two entrances to the ADU. Located in downtown Montrose at 543 S 5th Street.

Key Highlights

  • Approximately 3,779 square feet of property size with a primary residence and detached ADU
  • Built in 1900 with original Douglas fir millwork, exposed brick, leaded‑glass windows, and historic arch work
  • Finished basement measuring just over 1,000 square feet with separate entry, living space, flexible sleeping areas, and 3/4 bath

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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,699
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 - Historic brick residence with flexible living areas, finished basement, and a detached accessory dwelling unit.
Where is this duplex located?
The property is located at 543 S 5th Street Montrose, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Approximately 3,779 square feet of property size with a primary residence and detached ADU; Built in 1900 with original Douglas fir millwork, exposed brick, leaded‑glass windows, and historic arch work; Finished basement measuring just over 1,000 square feet with separate entry, living space, flexible sleeping areas, and 3/4 bath
More about this property
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