Multifamily

Lake City, CO Multifamily Properties for Sale

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Silverton, CO Ouray, CO Powderhorn, CO Cimarron, CO Ridgway, CO Gunnison, CO Twin Lakes, CO Creede, CO
Updated Two-Bedroom Live-Work Space
Updated: Sep 11
Updated Two-Bedroom Live-Work Space

324 Silver Street, Lake City, CO 81235

$699,000
960 sqft 0.12 AC lot
960 square feet with 2 bedrooms and 1 bathroom
Approximately 0.12 acres at 324 Silver Street in Lake City
Corner side lot includes approximately 5,000 square feet
Residential, commercial, or live‑work use is identified
New HardieBoard facade with Historic Society‑approved architectural details
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Updated Live-Work Property
Updated: Sep 11
Updated Live-Work Property

324 Silver Street, Lake City, CO 81235

$699,000
Approximately 960 square feet with 2 bedrooms and 1 bathroom
Approximately 5,000‑square‑foot lot with a corner side lot
New HardieBoard facade with Historic Society‑approved architectural details
Rebuilt boardwalk, updated covered entry, and enclosed back porch
Kitchen includes new appliances and opens to dining and living areas
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Lake City Turnkey Rental Cabins
Lake City Turnkey Rental Cabins

1415 N State Highway 149, Lake City, CO 81235

$1,620,000
5,141 sqft 1.64 AC lot

Turnkey investment opportunity with residence and duplex near Lake City.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Redeveloped Mixed-Use Property
Redeveloped Mixed-Use Property

185 N Lena Street, Ridgway, CO 81432

$8,750,000
13,415 sqft

The property combines retail, office, residential, restaurant, and event uses within a downtown Ridgway setting.

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Apartment Building with Development Parcel
Apartment Building with Development Parcel

1511 Main Street, Ouray, CO 81427

$7,995,000
10,535 sqft 1.94 AC lot

Under-construction multifamily property with three-bedroom units, radiant heating, mini-split systems, and an oversized two-car garage.

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Four-Unit Contemporary Multifamily Property
Four-Unit Contemporary Multifamily Property

185 N Lena Street, Ridgway, CO 81432

$1,490,000
3,424 sqft

Four residential condominiums combine updated interiors, private storage, covered parking, and elevator access within a historic building.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

129-131 Loretta Court, Ouray, CO 81427

$799,999
1,952 sqft

Set on a large lot with front porches, laundry rooms, and generous parking.

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Lake City, CO Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Lake City, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,101 square feet of properties for sale, with an estimated market value of $3,018,000.

Sale prices for multifamily properties in Lake City, CO start at $699,000, averaging $1,006,000, and reaching up to $1,620,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 3
Quadplexes 1

Demographics Overview

Population 845
Population Growth (5Y) +6.0%
Median Household Income $67,750
College Educated 65.2%

High-Yield Neighborhoods for Investment

Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81235 $893.8K

Taxes & Financing

Average Loan-to-Value 65.0%

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