Six-Unit Multifamily with Detached
For Sale
$1,850,000
610 East 3rd Avenue, Durango, CO 81301
Six-unit property features a Victorian main home and a detached 4-plex, with dedicated on-site parking and recent capital improvements.
Property Size5,069 SF
Price / SF$364.96
Days on Market335
Property Features for 610 East 3rd Avenue
General Information
Standard status
Active
Size
5,069 SF
Total Parking Spaces
7
Property subtype
MULTIFAMILY / Sixplex
Zoning
Residential Multi Family
Net Operating Income
$111,961
Financials
Cap Rate
6%
Opportunity Zone
Yes
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$3,533
Amenities
community laundry room
0, 0, 6, 6.00, 0
1300
Carpet, Tile, Laminate
Unfurnished
Range/Oven, Refrigerator, Washer, Dryer
Metal, Composition
Stucco
No
Victorian
Building Details
Year Built
1895
Tenancy
Multi
Listing Agency:
Legacy Properties West Sotheby's Int. Realty
Listed By:
Katie Sturm · License #FA40047489
(970) 382-0699
Source:
Compass
Added: Oct 11, 2025
Changed: Aug 14
Last Checked: Aug 14 at 8:01AM
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 Legacy Properties West Sotheby's Int. Realty
Investment Insights
Based on property information with market context.
This six-unit multifamily property combines a Victorian main home with two apartments and a full basement with a detached 4-plex built in 1992. The detached building includes a three-car garage and a community laundry room. The property provides on-site parking with a total of 7 dedicated parking spaces for tenant convenience. Recent capital improvements include a new roof on the four-plex, HVAC systems, gas line work, and sewer updates.
The parcel is located in downtown Durango. Zoning is MU-N Mixed Use, and the City Planning Department indicates that a business may be operated out of the property, subject to buyer confirmation of requirements with the City. The property is also in an Opportunity Zone.
Per the provided information, the current income includes rent from the three-car garage, and the monthly income is stated as $11,100.
The parcel is located in downtown Durango. Zoning is MU-N Mixed Use, and the City Planning Department indicates that a business may be operated out of the property, subject to buyer confirmation of requirements with the City. The property is also in an Opportunity Zone.
Per the provided information, the current income includes rent from the three-car garage, and the monthly income is stated as $11,100.
Key Highlights
- Six‑unit multi‑family property in downtown Durango: 1895 Victorian main home plus a detached 4‑plex built in 1992
- Includes 1,300 SF basement for the Victorian main home
- Monthly income reported as $11,100, including rent from the 3‑car garage
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,962
Businesses Nearby
Explore this area
Business Placement
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
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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?
Apartment building - Six-unit property features a Victorian main home and a detached 4-plex, with dedicated on-site parking and recent capital improvements.
Where is this apartment building located?
The property is located at 610 East 3rd Avenue Durango, CO.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Six‑unit multi‑family property in downtown Durango: 1895 Victorian main home plus a detached 4‑plex built in 1992; Includes 1,300 SF basement for the Victorian main home; Monthly income reported as $11,100, including rent from the 3‑car garage
