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Victorian Triplex with Separate ADU
For Sale
$1,100,000

555 E 7th Avenue, Durango, CO 81301

Triplex with three 1BR/1BA units, each featuring in-unit washer and dryer and separate yards.

Property Size2,012 SF
Price / SF$546.72
Days on Market124

Property Features for 555 E 7th Avenue

General Information

Standard status Active
Size 2,012 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Amenities

washer and dryer
separate yards
mature landscaping/trees

Building Details

Year Built 1918
Construction Victorian
Tenancy Multi
Listing Agency: Coldwell Banker Mountain Properties
Listed By: Daniel Chowen · License #IA100056104
Source: Exitrealty
Added: Apr 6 Changed: Jul 23 Last Checked: Aug 7 at 3:07AM

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 Mountain Properties

Investment Insights

Based on property information with market context.

This Victorian-style triplex includes three units, with a separate ADU as part of the overall property. All units are 1 bedroom and 1 bathroom and have a washer and dryer. Each unit also has its own yard, with mature landscaping and trees, and the units have been maintained by the seller.

The property is located in downtown Durango and is described as being close to downtown amenities, with convenient access and parking available for residents.

The units are currently occupied by longtime tenants, with active leases in place. A number of updates have been made over time, and the overall configuration is designed to support low-maintenance, yard-equipped living for each unit.

Key Highlights

  • Triplex built in 1918 with three 1BR/1BA units, each with a washer and dryer.
  • Each unit includes a separate yard with mature landscaping/trees.
  • Separate ADU included in the property, totaling three residential units.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Pet Grooming Service Grocery & Convenience Store Home Appliance Store Mobile Phone 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.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,634
Businesses Nearby

Demographics for 81301, CO

30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
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?
Triplex - Triplex with three 1BR/1BA units, each featuring in-unit washer and dryer and separate yards.
Where is this triplex located?
The property is located at 555 E 7th Avenue Durango, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Triplex built in 1918 with three 1BR/1BA units, each with a washer and dryer.; Each unit includes a separate yard with mature landscaping/trees.; Separate ADU included in the property, totaling three residential units.
More about this property
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