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    Montrose, CO
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    Montrose, CO Multifamily Properties for Sale

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    9 properties
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    To-Be-Built 6-Unit Townhome Building
    Updated: Jul 18
    To-Be-Built 6-Unit Townhome Building

    738-748 E Star Court, Montrose, CO 81401

    $2,200,000
    8,352 sqft 0.50 AC lot
    To be built 6‑plex offering 6 individually deeded townhome units
    Each unit features 3 beds and 2.5 baths
    Each unit includes a garage
    Low‑maintenance design for long‑term or furnished rentals
    Estimated year built: 2026
    View details
    Multifamily Property with Private Entrances
    Updated: Feb 23
    Multifamily Property with Private Entrances

    2091 Locust Road, Montrose, CO 81401

    $1,099,000
    4,903 sqft 2.54 AC lot
    1932‑built multifamily property in Montrose, CO, zoned R‑4 High Density Residential
    R‑4 zoning allows a wide range of multifamily uses and supports potential additional units, redevelopment, or expansion (subject to city approval)
    Multiple rental units with established tenancy for immediate cash flow
    Units feature private entrances and functional floorplans, with tenant privacy and efficient management
    Off‑street parking available for residents
    View details
    New Build Six-Unit Townhome
    New Build Six-Unit Townhome

    738-748 E Star Court, Montrose, CO 81401

    $2,200,000
    8,352 sqft 0.50 AC lot

    Newly under construction six-plex offers individually deeded townhome units with attached garages and low-maintenance design.

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    Victorian Duplex in Historic Downtown
    Victorian Duplex in Historic Downtown

    35-37 South Nevada Avenue, Montrose, CO 81401

    $459,000
    1,968 sqft

    Charming Victorian duplex with live/work potential in downtown Montrose.

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    Victorian Duplex with 2 Units
    Victorian Duplex with 2 Units

    35 & 37 S Nevada Avenue, Montrose, CO 81401

    $445,000
    1,968 sqft 0.15 AC lot

    Victorian-style duplex on a corner lot with two units and off-street parking access, including 1BR/1BA and 3BR/1.5BA layouts.

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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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    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    2091 Locust Road, Montrose, CO 81401

    $1,099,000
    4,903 sqft

    Multifamily property in Montrose, Colorado with long-term development potential.

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    Victorian Duplex with Two Units
    Victorian Duplex with Two Units

    35 & 37 S Nevada Avenue, Montrose, CO 81401

    $459,000
    1,968 sqft

    Victorian-style duplex on a corner lot with two separate units: 1 bed/1 bath upstairs and 3 bed/1.5 baths below.

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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.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Montrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 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.

    Renovated Restaurant and Rental Building
    Renovated Restaurant and Rental Building

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    $850,000
    9,365 sqft 0.38 AC lot

    Fully renovated property featuring a remodeled restaurant and five private short-term rental units.

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    Mixed-Use Restaurant and STR Building
    Mixed-Use Restaurant and STR Building

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    $850,000
    9,365 sqft 0.38 AC lot

    Fully renovated property with a remodeled restaurant and five short-term rental units.

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    Historic Business Mixed-Use Building
    Historic Business Mixed-Use Building

    631 Sherman Street, Ridgway, CO 81432

    $1,595,000
    2,315 sqft 0.31 AC lot

    Single-level building with two separate retail spaces on a downtown development site zoned for mixed-use density.

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    Deed-Restricted Condo Building with Four Units
    Deed-Restricted Condo Building with Four Units

    185 N Lena Street, Ridgway, CO 81432

    $1,490,000
    3,424 sqft

    Four newly finished deed-restricted condos with covered carports and storage, in an elevator-served historic building.

    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.

    RV Lot with Utilities Installed
    RV Lot with Utilities Installed

    160 Lake Road, Cimarron, CO 81220

    $105,000
    1.00 AC lot

    One-acre RV-ready lot with utilities, septic, level pad, and storage shed for private camping or overflow parking.

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    Level Recreational Land Lot
    Level Recreational Land Lot

    282 Aspen Trail, Cimarron, CO 81220

    $55,000
    1.00 AC lot

    Level lot with driveway permit, paid water tap, and a frost-free hydrant installed for ready RV or build plans.

    View details
    Riverfront Land with Interstate Access
    Riverfront Land with Interstate Access

    1797 N County Rd 346, Rifle, CO 81650

    $1,750,000
    122.00 AC lot

    Waterfront land offering Colorado River frontage and Interstate 70 frontage in unincorporated Garfield County.

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    Riverfront Land Opportunity in Rifle
    Riverfront Land Opportunity in Rifle

    1797 N County Road 346, Rifle, CO 81650

    $1,750,000
    122.00 AC lot

    122 acres with river and highway frontage near Rifle, CO.

    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
    $785,000
    Estimated value
    3,839 sqft 0.14 AC lot
    View details
    126 Rose Ln
    CAMPGROUND, RV PARK

    126 Rose Ln, Montrose, CO 81401-3823

    $2,915,000
    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

    Value Estimation by Request
    672 sqft 34.92 AC lot
    View details
    11511 Lakeview Dr
    MOBILE HOME PARK, TRAILER PARK

    11511 Lakeview Dr, Montrose, CO 81403-9365

    Value Estimation by Request
    9.21 AC lot
    View details
    1026 Park Ave
    APARTMENT HOUSE (5+ UNITS)

    1026 Park Ave, Montrose, CO 81401-4951

    Value Estimation by Request
    5,408 sqft 0.29 AC lot
    View details
    596 Roma Ct
    APARTMENT HOUSE (5+ UNITS)

    596 Roma Ct, Montrose, CO 81401-5035

    Value Estimation by Request
    3,684 sqft 1.76 AC lot
    View details
    216 Stough Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    216 Stough Ave, Montrose, CO 81401-3770

    $570,000
    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

    Value Estimation by Request
    4,050 sqft 1.64 AC lot
    View details
    308 Ute Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    308 Ute Ave, Montrose, CO 81401-3610

    Value Estimation by Request
    2,112 sqft 0.12 AC lot
    View details
    67250 Locust Rd
    MOBILE HOME PARK, TRAILER PARK

    67250 Locust Rd, Montrose, CO 81401-7545

    Value Estimation by Request
    1,736 sqft 24.82 AC lot
    View details
    12431 6450th Rd
    APARTMENT HOUSE (5+ UNITS)

    12431 6450th Rd, Montrose, CO 81401-8834

    Value Estimation by Request
    4,880 sqft 1.00 AC lot
    View details
    325 Main St
    MOBILE HOME PARK, TRAILER PARK

    325 Main St, Montrose, CO 81401-3351

    Value Estimation by Request
    480 sqft 5.50 AC lot
    View details
    832 2nd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    832 2nd St, Montrose, CO 81401-3769

    Value Estimation by Request
    3,520 sqft 0.29 AC lot
    View details
    448 Main St
    APARTMENT HOUSE (5+ UNITS)

    448 Main St, Montrose, CO 81401-3930

    Value Estimation by Request
    5,023 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 9 active listings on our real estate platform. These investment opportunities span a total of 45,064 square feet of properties for sale, with an estimated market value of $10,204,000.

    Sale prices for multifamily properties in Montrose, CO start at $445,000, averaging $1,275,500, and reaching up to $2,200,000 — 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 4
    Duplexes 3
    Short term rental properties 3
    Quadplexes 1

    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 $1.3M

    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

    Retail

    Property Size Breakdown

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

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