Historic Multifamily Property with
New
For Sale
$750,000
543 S 5th St, Montrose, CO 81401
Brick architecture, a finished basement, and an existing detached accessory dwelling unit expand the property’s flexible layout.
Property Size3,779 SF
Price / SF$198.47
Days on Market4
Property Features for 543 S 5th St
General Information
Standard status
Active
Size
3,779 SF
Additional Details
Multifamily Units
2
Amenities
laundry room
fire pit
greenhouse
mini-split systems
Building Details
Year Built
1900
Buildings
2
Construction
brick
Listing Agency:
NextHome Virtual
Listed By:
Kerri Noonan-Inda · License #FA100041175,PersonLicenseNumber
(970) 275-1378
Source:
Theinkteam
Added: Sep 9
Last Checked: Sep 11 at 12:17PM
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 multifamily property combines historic detailing with a configuration suited to several living arrangements. The 3,779-square-foot property includes a primary residence with more than 2,300 square feet across its main and upper levels, plus a finished basement measuring just above 1,000 square feet. The lower level has a separate entrance, living areas, flexible sleeping space, and a three-quarter bath. A kitchenette could support its potential as an additional unit.
The main home includes original Douglas fir millwork, exposed brick, built-ins, leaded-glass windows, a bay window, a dining room, den, laundry room, and a kitchen with a gas range, dishwasher, island, beverage refrigerator, and built-in refrigerator. Upstairs are three bedrooms, a hall bath, and a primary suite with a private bath and walk-in closet. The detached accessory dwelling unit includes approximately 400 square feet on the main level, an upper loft, kitchen, bathroom, living area, and bunk room. Exterior features include a matching brick fence and gate, back deck, yard, fire pit, greenhouse, and two entrances to the ADU. Cooling is provided by mini-split systems.
The main home includes original Douglas fir millwork, exposed brick, built-ins, leaded-glass windows, a bay window, a dining room, den, laundry room, and a kitchen with a gas range, dishwasher, island, beverage refrigerator, and built-in refrigerator. Upstairs are three bedrooms, a hall bath, and a primary suite with a private bath and walk-in closet. The detached accessory dwelling unit includes approximately 400 square feet on the main level, an upper loft, kitchen, bathroom, living area, and bunk room. Exterior features include a matching brick fence and gate, back deck, yard, fire pit, greenhouse, and two entrances to the ADU. Cooling is provided by mini-split systems.
Key Highlights
- 3,779‑square‑foot multifamily property built in 1900
- Finished basement just above 1,000 square feet with separate entry and three‑quarter bath
- Detached ADU with approximately 400 square feet on the main level plus an upper loft
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,699
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Brick architecture, a finished basement, and an existing detached accessory dwelling unit expand the property’s flexible layout.
Where is this multifamily property located?
The property is located at 543 S 5th St Montrose, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,779‑square‑foot multifamily property built in 1900; Finished basement just above 1,000 square feet with separate entry and three‑quarter bath; Detached ADU with approximately 400 square feet on the main level plus an upper loft
