Residential Income

Lake City, CO Residential Income Properties for Sale

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Silverton, CO Powderhorn, CO Ouray, CO Cimarron, CO Ridgway, CO Gunnison, CO Twin Lakes, CO Creede, CO
Lake City Turnkey Rental Cabins
Updated: Oct 30, 2024
Lake City Turnkey Rental Cabins

1415 N State Highway 149, Lake City, CO 81235

$1,620,000
5,141 sqft 1.64 AC lot
Turnkey vacation rental business with established income history and repeat clientele.
Three immaculate log cabin units totaling 7 beds/7 baths on 1.214 acres.
Excellent location just outside Lake City, Colorado, with highway frontage and UTV/ATV access to the Alpine Loop.
Multiple income opportunities: residence and rentals, convert residence to additional rental, or potential wedding venue.
Main residence features 3 beds/3 baths (potential for 5 beds), open living spaces, covered deck, and basement designed for rental management.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Apartment Building Site with C-2 Zoning
Apartment Building Site with C-2 Zoning

1511 Main Street, Ouray, CO 81427

$7,995,000
10,535 sqft 1.94 AC lot

Under-construction multifamily development on 1.94-acre site with city-approved plan for 13 additional units.

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Duplex with Large Lot in Ouray
Duplex with Large Lot in Ouray

129 & 131 Loretta Court, Ouray, CO 81427

$850,000
1,952 sqft 0.32 AC lot

In-town duplex on a large lot with two bedrooms and two bathrooms in each unit plus laundry rooms and generous parking.

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Quadplex with Elevator Access
Quadplex with Elevator Access

185 N Lena Street, Ridgway, CO 81432

$1,490,000
3,424 sqft

Four deed-restricted residential units in a historic Old Firehouse building, newly finished in 2024 with elevator access.

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Top-Floor Penthouse with Rooftop Balcony
Top-Floor Penthouse with Rooftop Balcony

185 North Lena Street, Ridgway, CO 81432

Contact for pricing
2,026 sqft

Unfinished 3-bedroom, 2-bath penthouse with glass walls to a private rooftop balcony and panoramic mountain views.

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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 Utilities
Recreation Land with Utilities

522 Monarch Rd., Powderhorn, CO 81243

$160,000
4.00 AC lot

4 acres in Blue Mesa subdivision with septic, well, electric, and access to public land for hunting and outdoor recreation.

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Land For Sale
Land For Sale

1255 Spruce Road, Cimarron, CO 81220

$114,950

Land available in Montrose County, Colorado.

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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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Lake City Land For Sale
Lake City Land For Sale

6 Alpine Vista Court, Lake City, CO 81235

$249,000
3.88 AC lot

3.88 acre commercial land for sale in Lake City.

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Lake City, CO Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Lake City, CO on our real estate platform. These investment opportunities span a total of 5,141 square feet of properties for sale, with an estimated market value of $1,620,000.

Sale prices for residential income properties in Lake City, CO average $1,620,000 — 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

Multifamily properties 1
Short term rental properties 1

Demographics Overview

Population 845
Population Growth (5Y) +6.0%
Median Household Income $67,750
College Educated 65.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
81235 $1.6M

Taxes & Financing

Average Loan-to-Value 65.0%

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