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    Montrose, CO
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    Montrose, CO Multifamily Properties for Sale

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    7 properties
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    Historic Duplex with Detached ADU
    Updated: Aug 10
    Historic Duplex with Detached ADU

    543 S 5th Street, Montrose, CO 81401

    $750,000
    3,779 sqft 0.14 AC lot
    3,779 square feet on a 0.14‑acre downtown Montrose property
    Built in 1900 with original brick arch work, fence, and gate
    Main residence includes three bedrooms and a finished basement just above 1,000 square feet
    Detached ADU has approximately 400 square feet on the main level plus an upper loft
    ADU includes a kitchen, bathroom, living area, and bunk room
    View details
    Multifamily Property with R-4 Zoning
    Updated: Feb 23
    Multifamily Property with R-4 Zoning

    2091 Locust Road, Montrose, CO 81401

    $1,099,000
    4,903 sqft 2.54 AC lot
    R‑4 High Density Residential zoning supports multifamily use and potential redevelopment, subject to city approval
    4,903‑square‑foot multifamily property on 2.54 acres
    Multiple rental units with established tenancy
    Private entrances and functional floorplans
    Off‑street parking included
    View details
    Victorian-Style Duplex
    Victorian-Style Duplex

    35 & 37 S Nevada Avenue, Montrose, CO 81401

    $445,000
    1,968 sqft 0.15 AC lot

    Two separate units offer flexible residential, rental, or live-work use on a landscaped corner lot.

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    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    147 E Main St, Montrose, CO 81401

    $1,351,000
    7,300 sqft

    Income-producing multifamily property near Telluride with short and long-term rental history.

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    Six-Unit Apartment Building with Rooftop Patio
    Six-Unit Apartment Building with Rooftop Patio

    147 East Main Street, Unit 6S, Montrose, CO 81401

    $1,351,000
    7,314 sqft

    Two-story apartment property with multiple outdoor areas, storage units, and B-1 zoning in a walkable downtown setting.

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    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    147 E Main Street, Montrose, CO 81401

    $1,351,000
    7,318 sqft

    Income-producing multifamily property with short and long-term rental history.

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    Duplex With Separate Living Units
    Duplex With Separate Living Units

    434 N 3rd St, Montrose, CO 81401

    Contact for pricing

    Two distinct residences with off-alley parking, shared outdoor space, and storage improvements in Montrose.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 7 Active listings in Montrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    USDA-Contract Quadplex
    USDA-Contract Quadplex

    775 Columbia St, Delta, CO 81416

    $750,000
    2,960 sqft

    Four two-bedroom units subject to USDA Rural Development requirements through 2027.

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    Farm with Three Homes
    Farm with Three Homes

    93 Highway 92, Crawford, CO 81415

    $2,995,000
    5,880 sqft

    Multiple residences, equestrian improvements, and irrigated pasture create a versatile agricultural compound.

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    Contemporary Four-Unit Quadplex
    Contemporary Four-Unit Quadplex

    775 Columbia Street, Delta, CO 81416

    $750,000
    2,960 sqft 0.17 AC lot

    Contemporary multifamily property with four two-bedroom residences subject to USDA Rural Development guidelines.

    View details
    Turnkey Multifamily Ranch Estate
    Turnkey Multifamily Ranch Estate

    41990 Cottonwood Creek Road, Crawford, CO 81415

    Contact for pricing
    9,669 sqft 40.51 AC lot

    Turnkey estate with six furnished residences, irrigated acreage, and equestrian infrastructure in Western Colorado.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreation Land with RV Pad
    Recreation Land with RV Pad

    160 Lake Road, Cimarron, CO 81220

    $105,000
    1.00 AC lot

    Improved recreational parcel with installed utilities, septic, storage, and a level pad for RV use.

    View details

    Off-Market Properties in Montrose, CO

    Consider similar Off-Market properties in Montrose, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    400 Pythian Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    400 Pythian Ave, Montrose, CO 81401-4048

    $875,000
    Estimated value
    3,498 sqft 0.28 AC lot
    View details
    831 Selig Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    831 Selig Ave, Montrose, CO 81401-3027

    Unit 1
    $830,000
    Estimated value
    3,839 sqft 0.14 AC lot
    View details
    126 Rose Ln
    CAMPGROUND, RV PARK

    126 Rose Ln, Montrose, CO 81401-3823

    $3,740,000
    Estimated value
    1,168 sqft 8.31 AC lot
    View details
    69905 Hwy 50
    MOBILE HOME PARK, TRAILER PARK

    69905 Hwy 50, Montrose, CO 81401-9744

    $220,000
    Estimated value
    672 sqft 34.92 AC lot
    View details
    11511 Lakeview Dr
    MOBILE HOME PARK, TRAILER PARK

    11511 Lakeview Dr, Montrose, CO 81403-9365

    $270,000
    Estimated value
    9.21 AC lot
    View details
    1026 Park Ave
    APARTMENT HOUSE (5+ UNITS)

    1026 Park Ave, Montrose, CO 81401-4951

    $270,000
    Estimated value
    5,408 sqft 0.29 AC lot
    View details
    596 Roma Ct
    APARTMENT HOUSE (5+ UNITS)

    596 Roma Ct, Montrose, CO 81401-5035

    $315,000
    Estimated value
    3,684 sqft 1.76 AC lot
    View details
    216 Stough Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    216 Stough Ave, Montrose, CO 81401-3770

    $435,000
    Estimated value
    5,232 sqft 0.32 AC lot
    View details
    11701 5975th Rd
    APARTMENT HOUSE (5+ UNITS)

    11701 5975th Rd, Montrose, CO 81403-9360

    $365,000
    Estimated value
    4,050 sqft 1.64 AC lot
    View details
    308 Ute Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    308 Ute Ave, Montrose, CO 81401-3610

    $190,000
    Estimated value
    2,112 sqft 0.12 AC lot
    View details
    67250 Locust Rd
    MOBILE HOME PARK, TRAILER PARK

    67250 Locust Rd, Montrose, CO 81401-7545

    $215,000
    Estimated value
    1,736 sqft 24.82 AC lot
    View details
    12431 6450th Rd
    APARTMENT HOUSE (5+ UNITS)

    12431 6450th Rd, Montrose, CO 81401-8834

    $330,000
    Estimated value
    4,880 sqft 1.00 AC lot
    View details
    325 Main St
    MOBILE HOME PARK, TRAILER PARK

    325 Main St, Montrose, CO 81401-3351

    $245,000
    Estimated value
    480 sqft 5.50 AC lot
    View details
    832 2nd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    832 2nd St, Montrose, CO 81401-3769

    $255,000
    Estimated value
    3,520 sqft 0.29 AC lot
    View details
    448 Main St
    APARTMENT HOUSE (5+ UNITS)

    448 Main St, Montrose, CO 81401-3930

    $335,000
    Estimated value
    5,023 sqft 0.14 AC lot
    View details
    1102 Uncompahgre Ave
    APARTMENT HOUSE (5+ UNITS)

    1102 Uncompahgre Ave, Montrose, CO 81401-4970

    $280,000
    Estimated value
    5,408 sqft 0.36 AC lot
    View details
    347 Main St
    APARTMENT HOUSE (5+ UNITS)

    347 Main St, Montrose, CO 81401-3927

    $365,000
    Estimated value
    5,600 sqft 0.14 AC lot
    View details

    Montrose, CO Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Montrose, CO, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 32,582 square feet of properties for sale, with an estimated market value of $6,347,000.

    Sale prices for multifamily properties in Montrose, CO start at $445,000, averaging $1,057,833, and reaching up to $1,351,000 — 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

    Apartment buildings 3
    Duplexes 3
    Short term rental properties 3

    Demographics Overview

    Population 36K
    Population Growth (5Y) +8.4%
    Median Household Income $66,924
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    81401 $1.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montrose County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Montrose County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Montrose fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Montrose, CO

    • 81401

    Featured Montrose Real Estate Agencies

    Realmo connects you with licensed Montrose CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    20 Sleeps West Real Estate
    401 E Main Street Montrose, CO 81401
    Phone: 19709018997
    www.20sleepswestteamelite.com

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