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    Residential Income

    Ridgway, CO Residential Income Properties for Sale

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    Ouray, CO Silt, CO Montrose, CO Placerville, CO Telluride, CO Mountain Village, CO Cimarron, CO Silverton, CO
    Historic Business Mixed-Use Building
    Updated: Jun 10
    Historic Business Mixed-Use Building

    631 Sherman Street, Ridgway, CO 81432

    $1,595,000
    2,315 sqft 0.31 AC lot
    2,315 SF single‑level building built in 1993, currently set up as two separate commercial spaces
    West unit functions as a fabric arts gallery and workshop; east unit is a retail office supply store
    Historic Business zone in Ouray County allows multifamily, workforce/affordable housing, and mixed‑use commercial + residential development
    Zoning includes up to a 35‑foot maximum building height and minimal setbacks to help maximize the lot footprint
    Ample on‑site parking along the north side of the property supports commercial use
    View details
    Deed-Restricted Condo Building with Four Units
    Updated: Jan 11
    Deed-Restricted Condo Building with Four Units

    185 N Lena Street, Ridgway, CO 81432

    $1,490,000
    3,424 sqft
    Condo D includes four deed‑restricted residential units in the historic Old Firehouse building, under construction (year built 2024).
    Unit mix: three 1‑bedroom/1‑bath condos plus one studio with a full bath.
    Each newly finished unit includes oven/range, refrigerator, dishwasher, washer, and dryer.
    Dedicated storage area and covered carport for each residence, plus elevator access to the residential level.
    Deed restriction is income‑based only at 140% of Area Median Income, with approximately 17 years remaining before conversion to free‑market status.
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Ridgway, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    To-Be-Built 6-Unit Townhome Building
    To-Be-Built 6-Unit Townhome Building

    738-748 E Star Court, Montrose, CO 81401

    $2,200,000
    8,352 sqft 0.50 AC lot

    New 6-unit townhome project with individually deeded units, each with 3 bedrooms, 2.5 baths and a garage.

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    In-Town Duplex Investment Property
    In-Town Duplex Investment Property

    129 & 131 Loretta Court, Ouray, CO 81427

    $850,000
    1,952 sqft 0.32 AC lot

    Duplex on a sizable lot with two 2-bedroom, 2-bath units, front porches, laundry rooms, and generous parking.

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    Historic Multifamily Apartment Building
    Historic Multifamily Apartment Building

    232 Main Street, Ouray, CO 81427

    $1,695,000
    3,408 sqft

    Historic 1888 building remodeled in 2019 with five turnkey 1-bedroom apartments, full kitchens, and furnished units.

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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.

    View details

    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.

    Mostly Level Home Site
    Mostly Level Home Site

    Ponderosa Drive, Ridgway, CO 81432

    $325,000
    3.01 AC lot

    A 3-acre parcel with utilities at the lot line and a paid, installed water tap for new home construction.

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    Ridgway, CO Land with Views
    Ridgway, CO Land with Views

    Ponderosa Drive, Ridgway, CO 81432

    $325,000
    3.01 AC lot

    3-acre homesite with utilities, paid water tap, and great views.

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    Forested Residential Homesite Lot
    Forested Residential Homesite Lot

    Waterview Court lot: 6, Ridgway, CO 81432

    $219,900
    2.79 AC lot

    A 2.79-acre wooded homesite with mountain views, bordered by protected open space and utilities nearby.

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    Ready-to-Build Homesite in Divide Ranch
    Ready-to-Build Homesite in Divide Ranch

    TBD Lot 564 Marmot, Ridgway, CO 81432

    $79,900
    0.96 AC lot

    Treed homesite with water tap, sewer tap availability, and underground utilities to the lot line.

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    Off-Market Properties in Ridgway, CO

    Consider similar Off-Market properties in Ridgway, 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.

    20748 Hwy 550
    MOBILE HOME PARK, TRAILER PARK

    20748 Hwy 550, Ridgway, CO 81432-9663

    Value Estimation by Request
    924 sqft 39.00 AC lot
    View details
    675 Clinton St
    APARTMENT HOUSE (5+ UNITS)

    675 Clinton St, Ridgway, CO 81432-5062

    $705,000
    Estimated value
    28,434 sqft
    View details

    Ridgway, CO Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Ridgway, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,163 square feet of properties for sale, with an estimated market value of $4,575,000.

    Sale prices for residential income properties in Ridgway, CO start at $1,490,000, averaging $1,525,000, and reaching up to $1,595,000 — 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 3
    Quadplexes 2
    Single family properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    81432 $4.3M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Ouray County

    New Delisted

    Total CRE Inventory on Market (SF)

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