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    Montrose, CO Residential Income Properties for Sale

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    13 properties
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    Six-Townhome 6-Plex Under Construction
    Updated: Jul 18
    Six-Townhome 6-Plex Under Construction

    738-748 E Star Court, Montrose, CO 81401

    $2,200,000
    8,352 sqft 0.50 AC lot
    6 individually deeded townhome units currently being built
    Each unit offers 3 bedrooms and 2.5 bathrooms
    Garage included with every townhome
    Under‑construction new build with 2026 year built
    0.5‑acre lot totaling 8,352 SF
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    Multifamily Property with Private Entrances
    Updated: Feb 23
    Multifamily Property with Private Entrances

    2091 Locust Road, Montrose, CO 81401

    $1,099,000
    4,903 sqft 2.54 AC lot
    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
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    Victorian Duplex with Two Units
    Victorian Duplex with Two Units

    35 & 37 S Nevada Avenue, Montrose, CO 81401

    $445,000
    1,968 sqft 0.15 AC lot

    Victorian duplex on a landscaped corner lot with two separate units and off-street parking access in Montrose.

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    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    147 E Main St, Montrose, CO 81401

    $1,351,000
    7,300 sqft

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

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    Country Lodge Motel with Cabin
    Country Lodge Motel with Cabin

    1624 E Main Street, Montrose, CO 81401

    $3,500,000
    10,455 sqft 2.88 AC lot

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

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    Individually Deeded Townhome 6-Plex
    Individually Deeded Townhome 6-Plex

    738-748 E Star Court, Montrose, CO 81401

    $2,200,000
    8,352 sqft

    New construction 6-plex with individually deeded townhome units, each featuring 3 bedrooms, 2.5 baths, and a garage.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    738-748 East Star Court, Montrose, CO 81401

    $2,490,000
    8,352 sqft

    For sale multifamily apartment building with a total size of 8,352 square feet at 738-748 East Star Court.

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    Victorian Duplex with Two Units
    Victorian Duplex with Two Units

    35 & 37 S Nevada Avenue, Montrose, CO 81401

    $459,000
    1,968 sqft

    Victorian-style duplex on a corner lot with two separate units: 1 bed/1 bath upstairs and 3 bed/1.5 baths below.

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    Victorian Duplex in Historic Downtown
    Victorian Duplex in Historic Downtown

    35-37 South Nevada Avenue, Montrose, CO 81401

    $459,000
    1,968 sqft

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

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    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    147 E Main Street, Montrose, CO 81401

    $1,351,000
    7,318 sqft

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

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    Six-Unit Multifamily with Rooftop Patio
    Six-Unit Multifamily with Rooftop Patio

    147 E Main St 147 Main, #18 N Selig, Montrose, CO 81401

    $1,351,750
    7,314 sqft

    Six apartments in a two-story building with two covered decks, rooftop patio, and furnished units for flexible occupancy.

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    Montrose Multifamily Investment Opportunity
    Montrose Multifamily Investment Opportunity

    2091 Locust Road, Montrose, CO 81401

    $1,099,000
    4,903 sqft

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

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    Mixed-Use Property in Prime Location
    Mixed-Use Property in Prime Location

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

    $329,900
    2,231 sqft

    Two-story building with office and residential spaces.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Montrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    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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    Deed-Restricted Condo Building
    Deed-Restricted Condo Building

    185 N Lena Street Condo "D", Ridgway, CO 81432

    $1,490,000
    3,424 sqft

    Condo D offers four deed-restricted residences in the historic Old Firehouse building with elevator access.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    775 Columbia Street, Delta, CO 81416

    $750,000
    2,960 sqft

    Four 2-bedroom, 1-bath units are subject to USDA Rural Development contract requirements through 2027.

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    Two-Bedroom Multifamily Property
    Two-Bedroom Multifamily Property

    511 Glen Way, Delta, CO 81416

    $1,500,000
    13,376 sqft

    Sixteen 2-bedroom, 1-bath units feature tenant-paid utilities and are undergoing metal siding and mini-split installation.

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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.

    Waterfront Land with Fiber Internet
    Waterfront Land with Fiber Internet

    Mayfly Drive, Montrose, CO 81402

    $1,340,428
    2.20 AC lot

    Fiber internet is connected and the site is served by public water on commercial-zoned waterfront land.

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    Shovel-Ready Commercial Land
    Shovel-Ready Commercial Land

    Mayfly Drive, Montrose, CO 81402

    $481,138
    0.79 AC lot

    Multi-use zoning supports commercial and residential uses, with fiber internet connected and public water available.

    View details
    Shovel-Ready Commercial Land Lots
    Shovel-Ready Commercial Land Lots

    Mayfly Drive, Montrose, CO 81402

    $389,634
    0.64 AC lot

    Shovel-ready commercial land with zoning for multiple uses and fiber internet connected, plus public water service.

    View details
    Shovel-Ready Commercial Land Lots
    Shovel-Ready Commercial Land Lots

    Mayfly Drive, Montrose, CO 81402

    $2,807,672
    4.64 AC lot

    Shovel-ready commercial land with zoning for a broad mix of uses and fiber internet connected.

    View details

    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)

    400 Pythian Ave, Montrose, CO 81401-4048

    $875,000
    Estimated value
    3,498 sqft 0.28 AC lot
    View details
    831 Selig Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    831 Selig Ave, Montrose, CO 81401-3027

    Unit 1
    $785,000
    Estimated value
    3,839 sqft 0.14 AC lot
    View details
    126 Rose Ln
    CAMPGROUND, RV PARK

    126 Rose Ln, Montrose, CO 81401-3823

    $2,915,000
    Estimated value
    1,168 sqft 8.31 AC lot
    View details
    69905 Hwy 50
    MOBILE HOME PARK, TRAILER PARK

    69905 Hwy 50, Montrose, CO 81401-9744

    Value Estimation by Request
    672 sqft 34.92 AC lot
    View details
    11511 Lakeview Dr
    MOBILE HOME PARK, TRAILER PARK

    11511 Lakeview Dr, Montrose, CO 81403-9365

    Value Estimation by Request
    9.21 AC lot
    View details
    1026 Park Ave
    APARTMENT HOUSE (5+ UNITS)

    1026 Park Ave, Montrose, CO 81401-4951

    Value Estimation by Request
    5,408 sqft 0.29 AC lot
    View details
    596 Roma Ct
    APARTMENT HOUSE (5+ UNITS)

    596 Roma Ct, Montrose, CO 81401-5035

    Value Estimation by Request
    3,684 sqft 1.76 AC lot
    View details
    216 Stough Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    216 Stough Ave, Montrose, CO 81401-3770

    $570,000
    Estimated value
    5,232 sqft 0.32 AC lot
    View details
    11701 5975th Rd
    APARTMENT HOUSE (5+ UNITS)

    11701 5975th Rd, Montrose, CO 81403-9360

    Value Estimation by Request
    4,050 sqft 1.64 AC lot
    View details
    308 Ute Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    308 Ute Ave, Montrose, CO 81401-3610

    Value Estimation by Request
    2,112 sqft 0.12 AC lot
    View details
    67250 Locust Rd
    MOBILE HOME PARK, TRAILER PARK

    67250 Locust Rd, Montrose, CO 81401-7545

    Value Estimation by Request
    1,736 sqft 24.82 AC lot
    View details

    Montrose, CO Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Montrose, CO, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 75,384 square feet of properties for sale, with an estimated market value of $18,334,650.

    Sale prices for residential income properties in Montrose, CO start at $329,900, averaging $1,410,357, 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 11
    Apartment buildings 6
    Duplexes 3
    Short term rental properties 3
    Quadplexes 1

    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 $1.4M

    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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