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New Construction Six-Unit Apartment Building
New
For Sale
$2,200,000

738-748 E Star Court, Montrose, CO 81401

MULTIFAMILY, Montrose, CO

Property Size8,352 SF
Lot Size0.50 Acres
Price / SF$263.41
Days on Market1

Property Features for 738-748 E Star Court

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bathrooms 18
Full bathrooms 6
Half bathrooms 6
Rooms Bathroom 17, Bathroom 11, Bathroom 2, Bathroom 1, Bathroom 7, Bathroom 6, Bathroom 4, Bathroom 9, Bathroom 10, Bathroom 18, Bathroom 12, Bathroom 5, Bathroom 16, Bathroom 15, Bathroom 14, Bathroom 8, Bathroom 3, Bathroom 13
Directions From Main Street and Townsend Avenue, start heading East on Main Street, Turn right onto S Park Ave, Turn left onto S 5th St, Turn rightonto Miami Rd Turn right onto E Star Ct.
Standard status Active
Size 8,352 SF
Lot size 0.50 Acres

Building Details

Year built 2026
Listing Agency: NextHome Virtual
Listed By: Jessamy Pressler · License #11839
Added: Sep 8 Last Checked: Sep 8 at 7:06PM
MLS# 832768

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 738-748 E Star Court in Montrose, this under-construction apartment property is planned as a six-unit townhome-style multifamily development. The 8,352-square-foot project occupies 0.5 acres and is scheduled for completion in 2026.

Each residence is designed with three bedrooms, 2.5 bathrooms, and a garage. The units are individually deeded, allowing for ownership or disposition at the unit level. The property is identified for potential long-term or furnished rental use, with a low-maintenance design described in the listing information.

Key Highlights

  • Six individually deeded townhome units
  • 8,352 square feet on 0.5 acres
  • Each unit includes 3 beds, 2.5 baths, and a garage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Storage Facility

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

820
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?
Apartment building - Under-construction property with individually deeded townhome residences and private garages.
Where is this apartment building located?
The property is located at 738-748 E Star Court Montrose, CO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Six individually deeded townhome units; 8,352 square feet on 0.5 acres; Each unit includes 3 beds, 2.5 baths, and a garage
More about this property
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