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Ridgway, CO Multifamily Properties for Sale

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Ridgway Fourplex with Income Potential
$1,490,000
3,424 SF

Ridgway Fourplex with Income Potential

185 N Lena St, Ridgway, CO 81432

Four newly finished residential units with income and free-market conversion potential.

  • Stable investment with over 5% return at asking price.
  • Four newly finished units, including three 1‑bedroom/1‑bath condos and one studio with full bath, each with appliances, dedicated storage, and covered carport.
  • Prime in‑town location with walkable access to restaurants, shopping, schools, parks, and community amenities.
  • Strong rental demand due to workforce housing shortage and proximity to major employment hubs.
  • Deed restriction converts to free‑market status in approximately 17 years.
Updated: Jan 8
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Iconic Ridgway Firehouse Reconstruction
$8,500,000
10,918 SF

Iconic Ridgway Firehouse Reconstruction

185 N Lena St, Ridgway, CO 81432

Turn-key restaurant and event center with employee housing.

  • Turn‑key business opportunity: Includes a high‑end restaurant, event center, employee housing, FFE, and existing staff.
  • Prime location in the core of Ridgway, Colorado, near Ouray and Telluride, offering access to scenery, arts, skiing, shopping, and culture.
  • State‑of‑the‑art kitchen with the capacity to serve a full restaurant and a wedding or event concurrently.
  • Iconic reconstruction of the historic “Firehouse” from the original True Grit movie.
  • Event space with outdoor access: Features doors onto an outdoor patio fronting the Ridgway town park, plus a large, heated patio.
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Ridgway, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Montrose Fourplex Investment Opportunity
$899,000
3,498 SF

Montrose Fourplex Investment Opportunity

Fully leased fourplex near downtown Montrose with steady income.

400 S Pythian Ave, Montrose, CO 81401
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Historical Masonic Temple with Updates
$999,990
14,140 SF

Historical Masonic Temple with Updates

Classic Revival building with commercial kitchen and leased units.

509 E Main St, Montrose, CO 81401
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Apartment Building in Delta, Colorado
$1,500,000
13,376 SF

Apartment Building in Delta, Colorado

Sixteen-unit apartment building with ongoing upgrades in Delta, Colorado.

511 Glen Way, Delta, CO 81416
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Delta Fourplex with USDA Restrictions
$750,000
2,960 SF

Delta Fourplex with USDA Restrictions

Four-unit residential income property in Delta, Colorado, subject to USDA guidelines.

775 Columbia St, Delta, CO 81416
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Explore Off-Market Properties in Ridgway, CO

Consider similar Off-Market properties in Ridgway, 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.

20748 Hwy 550

20748 Hwy 550

MOBILE HOME PARK, TRAILER PARK • 924 SF
Value Estimation
$230,000
20748 Hwy 550, Ridgway, CO 81432-9663
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675 Clinton St

675 Clinton St

APARTMENT HOUSE (5+ UNITS) • 28,434 SF
Value Estimation
$705,000
675 Clinton St, Ridgway, CO 81432-5062
View details

Ridgway, CO Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Ridgway, CO on our real estate platform. These investment opportunities span a total of 1,698,840 square feet of properties for sale, with an estimated market value of $230,000.

Prices for multifamily properties in Ridgway, CO start at $230,000, averaging $230,000, and reaching up to $230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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