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    Montrose, CO Residential Income Properties for Sale

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    Colona, CO Olathe, CO Delta, CO
    12 listings
    Multifamily Property with Private Entrances
    $1,099,000
    4,903 SF
    Multifamily Property with Private Entrances

    2091 Locust Road, Montrose, CO 81401

    Multifamily in R-4 High Density Residential with multiple units, private entrances, and off-street parking.
    • 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
    Updated: Feb 23
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    Historic Downtown Mixed-Use Property
    $550,000
    2,939 SF
    Historic Downtown Mixed-Use Property

    238 S 2nd Street, Montrose, CO 81401

    Downtown Montrose landmark building offers flexible commercial space plus a separate upper-level apartment.
    • Landmark building built in 1898 in downtown Montrose, renovated to blend historic character with modern functionality
    • Approx. 2,939 SF plus basement storage on a 0.14‑acre lot with valuable alley access
    • Separate upper‑level apartment with its own living space and kitchen, offering additional income flexibility
    • Flexible commercial layout supporting owner‑user, multi‑tenant, office, retail, wellness, service uses, or mixed live/work
    • Detached one‑car garage/carport plus alley access for deliveries, employee parking, tenant access, and storage
    Updated: Jun 13
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    Country Lodge Motel with Cabin
    $3,500,000
    10,455 SF
    Country Lodge Motel with Cabin

    Motel with 23 units plus a detached 3-bedroom cabin and two included single-family homes on B-2 commercial land.

    1624 E Main Street, Montrose, CO 81401

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    New 6-Plex Townhome Development
    $2,490,000
    8,352 SF
    New 6-Plex Townhome Development

    To-be-built 6-plex with individually deeded townhome units, each with three bedrooms, two-and-a-half baths, and a garage.

    738-748 E Star Court, Montrose, CO 81401

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    New Construction Montrose Townhome 6-Plex
    $2,490,000
    8,352 SF
    New Construction Montrose Townhome 6-Plex

    New construction 6-plex with townhome units in Montrose, Colorado.

    738-748 E Star Court, Montrose, CO 81401

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    Victorian Duplex with Live-Work Potential
    $459,000
    1,968 SF
    Victorian Duplex with Live-Work Potential

    Two-unit Victorian duplex with distinct layouts offers flexible use, including a former hair salon space.

    35 & 37 S Nevada Avenue, Montrose, CO 81401

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    Office-Residential Bungalow with Garage
    $350,000
    1,174 SF
    Office-Residential Bungalow with Garage

    Updated bungalow with gated backyard access, three bedrooms, and garage power suited for flexible live/work use.

    615 S 3rd Street, Montrose, CO 81401

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    Downtown Montrose Multifamily Investment Opportunity
    $1,300,000
    5,618 SF
    Downtown Montrose Multifamily Investment Opportunity

    Rare multifamily property near East Main Street in downtown Montrose.

    119 North Lot Avenue, Unit S A F, Montrose, CO 81401

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    Victorian Duplex in Historic Downtown
    $459,000
    1,968 SF
    Victorian Duplex in Historic Downtown

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

    35-37 South Nevada Avenue, Montrose, CO 81401

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    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

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    Montrose Multifamily Investment Opportunity
    $1,374,000
    7,318 SF
    Montrose Multifamily Investment Opportunity

    Income-producing multifamily property with short and long-term rental history.

    147 E Main Street, Montrose, CO 81401

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    Mixed-Use Property in Prime Location
    $329,900
    2,231 SF
    Mixed-Use Property in Prime Location

    Two-story building with office and residential spaces.

    605 & 605 1/2 N 1ST Street, Montrose, CO 81401

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Montrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Mixed-Use Restaurant and Short-Term Rental
    $850,000
    9,365 SF
    Mixed-Use Restaurant and Short-Term Rental

    Fully renovated building with a remodeled restaurant and five private short-term rental rooms.

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

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    Renovated Cedaredge Commercial Opportunity
    $850,000
    9,365 SF
    Renovated Cedaredge Commercial Opportunity

    Versatile property with restaurant and short-term rental income.

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

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    Deed-Restricted Condo Building with Four Units
    $1,490,000
    3,424 SF
    Deed-Restricted Condo Building with Four Units

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

    185 N Lena Street, Ridgway, CO 81432

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    Iconic Ridgway Firehouse Reconstruction
    $8,500,000
    10,918 SF
    Iconic Ridgway Firehouse Reconstruction

    Turn-key restaurant and event center with employee housing.

    185 N Lena St, Ridgway, CO 81432

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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.

    Commercial Land in Opportunity Zone
    $1,340,428
    2.20 Acres
    Commercial Land in Opportunity Zone

    Shovel-ready commercial lots in Montrose, Colorado, for sale.

    Mayfly Drive, Montrose, CO 81402

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    Commercial Land in Opportunity Zone
    $481,138
    0.79 Acres
    Commercial Land in Opportunity Zone

    Shovel-ready commercial lots in Montrose, Colorado.

    Mayfly Drive, Montrose, CO 81402

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    Montrose Commercial Shovel-Ready Lot
    $389,634
    0.64 Acres
    Montrose Commercial Shovel-Ready Lot

    Shovel-ready commercial lot in federal Opportunity Zone.

    Mayfly Drive, Montrose, CO 81402

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    Commercial Land in Opportunity Zone
    $2,807,672
    4.64 Acres
    Commercial Land in Opportunity Zone

    Shovel-ready commercial lots in Montrose, Colorado.

    Mayfly Drive, Montrose, CO 81402

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    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)
    3,498 SF Lot: 0.28 Acres
    Estimated value
    $875,000

    400 Pythian Ave, Montrose, CO 81401-4048

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    831 Selig Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    3,839 SF Lot: 0.14 Acres
    Estimated value
    $785,000
    Unit 1

    831 Selig Ave, Montrose, CO 81401-3027

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    126 Rose Ln
    CAMPGROUND, RV PARK
    1,168 SF Lot: 8.31 Acres
    Estimated value
    $2,915,000

    126 Rose Ln, Montrose, CO 81401-3823

    View details
    69905 Hwy 50
    MOBILE HOME PARK, TRAILER PARK
    672 SF Lot: 34.92 Acres
    Value Estimation by Request

    69905 Hwy 50, Montrose, CO 81401-9744

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    11511 Lakeview Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 9.21 Acres
    Value Estimation by Request

    11511 Lakeview Dr, Montrose, CO 81403-9365

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    1026 Park Ave
    APARTMENT HOUSE (5+ UNITS)
    5,408 SF Lot: 0.29 Acres
    Value Estimation by Request

    1026 Park Ave, Montrose, CO 81401-4951

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    596 Roma Ct
    APARTMENT HOUSE (5+ UNITS)
    3,684 SF Lot: 1.76 Acres
    Value Estimation by Request

    596 Roma Ct, Montrose, CO 81401-5035

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    216 Stough Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,232 SF Lot: 0.32 Acres
    Estimated value
    $570,000

    216 Stough Ave, Montrose, CO 81401-3770

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    11701 5975th Rd
    APARTMENT HOUSE (5+ UNITS)
    4,050 SF Lot: 1.64 Acres
    Value Estimation by Request

    11701 5975th Rd, Montrose, CO 81403-9360

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    308 Ute Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,112 SF Lot: 0.12 Acres
    Value Estimation by Request

    308 Ute Ave, Montrose, CO 81401-3610

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    67250 Locust Rd
    MOBILE HOME PARK, TRAILER PARK
    1,736 SF Lot: 24.82 Acres
    Value Estimation by Request

    67250 Locust Rd, Montrose, CO 81401-7545

    View details
    12431 6450th Rd
    APARTMENT HOUSE (5+ UNITS)
    4,880 SF Lot: 1.00 Acres
    Value Estimation by Request

    12431 6450th Rd, Montrose, CO 81401-8834

    View details

    Montrose, CO Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Montrose, CO, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 60,181 square feet of properties for sale, with an estimated market value of $15,499,900.

    Sale prices for residential income properties in Montrose, CO start at $329,900, averaging $1,291,658, and reaching up to $3,500,000 — 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 9
    Apartment buildings 5
    Single family properties 3
    Duplexes 2
    Short term rental properties 2

    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 $1.2M

    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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