Ridgway, CO
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    Ridgway, CO Quadplexes for Sale

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    Montrose, CO Ouray, CO Telluride, CO
    Ridgway Fourplex with Income Potential
    $1,490,000
    3,424 SF

    Ridgway Fourplex with Income Potential

    185 N Lena Street, 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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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ridgway, 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.

    Montrose Fourplex: Investment Opportunity
    $1,099,000
    4,903 SF

    Montrose Fourplex: Investment Opportunity

    Well-maintained fourplex in Montrose, Colorado, with long-term development potential.

    2091 Locust Road, Montrose, CO 81401
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    Desirable Fourplex Near Downtown, University
    $1,295,000
    3,757 SF

    Desirable Fourplex Near Downtown, University

    Well-maintained fourplex near downtown and university in Gunnison, Colorado.

    216 N Taylor Street, Gunnison, CO 81230
    View details
    Gunnison Fourplex: Modern Townhomes
    $2,360,000
    5,856 SF

    Gunnison Fourplex: Modern Townhomes

    Four modern townhomes in Gunnison, Colorado, ideal for investors.

    235 S 7th Street, Gunnison, CO 81230
    View details
    Montrose Multifamily Investment Opportunity
    $1,099,000
    4,903 SF

    Montrose Multifamily Investment Opportunity

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

    2091 Locust Road, Montrose, CO 81401
    View details

    Ridgway, CO Quadplexes Investment Opportunities Market Analysis

    Explore 1 quadplexes for sale in Ridgway, CO on our real estate platform. These investment opportunities span a total of 3,424 square feet of properties for sale, with an estimated market value of $1,490,000.

    Sale prices for four-unit buildings in Ridgway, CO start at $1,490,000, averaging $1,490,000, and reaching up to $1,490,000 — 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

    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 3,150
    Population Growth (5Y) +5.1%
    Median Household Income $87,547
    College Educated 77.6%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    81432 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 6.09%
    Property Tax per SF $32.86 per sq ft
    Average Loan-to-Value 65.0%

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