7-Unit Apartment
For Sale
$1,300,000
Pending
832 N 2nd Street, Montrose, CO 81401
Apartment property with existing tenants and a manageable seven-unit configuration near downtown Montrose.
Property Size6,208 SF
Days on Market48
Property Features for 832 N 2nd Street
General Information
Standard status
Pending
Size
6,208 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
7
Building Details
Year Built
1971
Abandoned
No
Listing Agency:
20 Sleeps West Real Estate
Listed By:
Ryan Poppe
(970) 847-2929
Source:
Durangohomesforsale
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 28 at 7:44AM
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 20 Sleeps West Real Estate
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Investment Insights
Based on property information with market context.
This 7-unit apartment property contains 6,208 square feet and was built in 1971. Existing tenants are in place, providing an established residential occupancy profile within a manageable multifamily asset.
The property is located at 832 N 2nd Street in Montrose, Colorado, with proximity to downtown Montrose and nearby amenities. Its seven-unit scale offers a straightforward apartment-building configuration for evaluating residential income operations.
The property is located at 832 N 2nd Street in Montrose, Colorado, with proximity to downtown Montrose and nearby amenities. Its seven-unit scale offers a straightforward apartment-building configuration for evaluating residential income operations.
Key Highlights
- 7‑unit apartment property
- 6,208 square feet of building area
- Built in 1971
Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,430
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
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with existing tenants and a manageable seven-unit configuration near downtown Montrose.
Where is this apartment building located?
The property is located at 832 N 2nd Street Montrose, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 7‑unit apartment property; 6,208 square feet of building area; Built in 1971
