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    Property profile & analytics

    921 Mount Massive Dr Leadville, CO 80461

    • Commercial real estate
    • 896 SF
    For Sale
    View listing
    $2,450,000
    Value Estimation
    Location Intelligence
    Property ID
    US13-0296231
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 921 Mount Massive Dr

    Year built
    1961
    Property size
    896 SF
    Property type
    Commercial real estate

    Description

    This exceptional multifamily investment opportunity presents seven townhomes situated at 921 Mt Massive Dr, Leadville, CO 80461. Built in 1961 and extensively renovated in 2024, this one-building, two-story complex offers a mix of fully and partially remodeled units, providing immediate income potential and flexibility for future upgrades. Each unit boasts approximately 896-921 square feet of living space, featuring 2 bedrooms and 1-1.5 bathrooms. Three units have undergone complete renovations, while four offer partially completed renovations, allowing for customization or immediate rental. Residents enjoy the convenience of two covered decks with mountain views, fenced rear patios, and ample off-street parking (21 spaces total, approximately 3 per unit). Additional features include under-stair storage and walk-in closets. The property's prime location offers easy access to downtown Leadville's shops and restaurants, and is adjacent to the Mineral Belt recreational trail. Nearby recreational opportunities abound, including proximity to Ski Cooper (10 minutes), Copper Mountain (25 miles), Vail, and Breckenridge (35 miles). The HOA covers a comprehensive range of services, including electricity, gas, heat, water, sewer, snow removal, trash, grounds maintenance, insurance, and management. This property represents a compelling investment in a high-demand rental market within a vibrant mountain town. The permitted zoning is residential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leadville
    County
    Lake
    State
    Colorado
    Longitude
    -106.3005569
    Latitude
    39.2504471

    Comparable in this City

    • $2,275,000

      Leadville Townhome Units For Sale

      Seven townhome units in Leadville near downtown and recreational trail.
      921 Mount Massive Dr, Leadville, CO 80461
      View Details
    • $2,450,000
      912 SF

      Leadville Townhome Investment Opportunity

      Seven remodeled townhomes, prime Leadville location.
      921 Mount Massive Dr, Leadville, CO 80461
      View Details
    • $2,360,000
      912 SF

      Leadville Townhome Investment Opportunity

      Seven-unit townhome complex, prime location
      921 Mount Massive Dr, Leadville, CO 80461
      View Details
    • $74,700
      0.60 Acres

      Twin Lakes Unimproved Land Available

      0.6-acre lot for a mountain getaway in Twin Lakes, CO.
      416 Juniper Dr, Twin Lakes, CO 80461
      View Details
    • $499,900
      35.38 Acres

      Historic Hayden Ranch Opportunity

      35-acre ranch headquarters on the National Register of Historic Places.
      5801 Us-24, Leadville, CO 80461
      View Details
    • $499,900
      35.38 Acres

      Hayden Ranch: Historic Agricultural Land

      35.38-acre ranch with historical significance near Leadville, Colorado.
      5801 Hwy, Leadville, CO 80461
      View Details

    Similar Nearby for Sale

    • $2,360,000
      912 SF

      Leadville Townhome Investment Opportunity

      Seven-unit townhome complex, prime location
      921 Mount Massive Dr, Leadville, CO 80461
      View Details
    • $2,275,000

      Leadville Townhome Units For Sale

      Seven townhome units in Leadville near downtown and recreational trail.
      921 Mount Massive Dr, Leadville, CO 80461
      View Details
    • $2,450,000
      912 SF

      Leadville Townhome Investment Opportunity

      Seven remodeled townhomes, prime Leadville location.
      921 Mount Massive Dr, Leadville, CO 80461
      View Details
    • $74,700
      0.60 Acres

      Twin Lakes Unimproved Land Available

      0.6-acre lot for a mountain getaway in Twin Lakes, CO.
      416 Juniper Dr, Twin Lakes, CO 80461
      View Details
    • $499,900
      35.38 Acres

      Historic Hayden Ranch Opportunity

      35-acre ranch headquarters on the National Register of Historic Places.
      5801 Us-24, Leadville, CO 80461
      View Details
    • $499,900
      35.38 Acres

      Hayden Ranch: Historic Agricultural Land

      35.38-acre ranch with historical significance near Leadville, Colorado.
      5801 Hwy, Leadville, CO 80461
      View Details
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    Leadville, CO 80461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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