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    Ridgway, CO
    Residential Income

    Ridgway, CO Residential Income Properties for Sale

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    Ouray, CO Aspen, CO Silt, CO Montrose, CO Placerville, CO Telluride, CO Mountain Village, CO Silverton, CO
    Redeveloped Mixed-Use Property
    Updated: Jul 13
    Redeveloped Mixed-Use Property

    185 N Lena Street, Ridgway, CO 81432

    $8,750,000
    13,415 sqft
    13,415 square feet of mixed‑use commercial and residential space
    Extensively redeveloped in 2024
    Four deed‑restricted residential units in Condo D
    Restaurant and event venue with commercial kitchen, bar, integrated AV, and indoor/outdoor seating
    Unfinished penthouse with rooftop balcony, indoor/outdoor fireplace, and mountain views
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    Four-Unit Contemporary Multifamily Property
    Updated: Jan 11
    Four-Unit Contemporary Multifamily Property

    185 N Lena Street, Ridgway, CO 81432

    $1,490,000
    3,424 sqft
    Four deed‑restricted condos: three 1‑bedroom/1‑bath units and one studio with a full bath
    3,424 square feet in a 2024 contemporary multifamily property
    Each residence includes an oven/range, refrigerator, dishwasher, washer, and dryer
    Dedicated storage area and covered carport provided for every unit
    Elevator access to the residential level within the historic Old Firehouse building
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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.

    Historic Duplex with Detached ADU
    Historic Duplex with Detached ADU

    543 S 5th Street, Montrose, CO 81401

    $750,000
    3,779 sqft 0.14 AC lot

    Brick duplex with a finished basement, detached ADU, and flexible spaces suited to multi-generational or rental use.

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    Historic Multifamily Property with ADU
    Historic Multifamily Property with ADU

    543 S 5th St, Montrose, CO 81401

    $750,000
    3,779 sqft

    Brick architecture, a finished basement, and an existing detached accessory dwelling unit expand the property’s flexible layout.

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    Duplex with Front Porches
    Duplex with Front Porches

    129 & 131 Loretta Court, Ouray, CO 81427

    $850,000
    1,952 sqft 0.32 AC lot

    Each residence includes two bedrooms, two bathrooms, laundry facilities, and generous parking.

    View details
    Apartment Development with Expansion Plan
    Apartment Development with Expansion Plan

    1511 Main St, Ouray, CO 81427

    $7,995,000
    10,535 sqft

    Partially completed apartment project with additional land, approved plans, and infrastructure prepared for continued development.

    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.

    View details
    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.

    View details
    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.

    View details

    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

    Estimated value:
    $230,000
    924 sqft 39.00 AC lot
    View details
    675 Clinton St
    APARTMENT HOUSE (5+ UNITS)

    675 Clinton St, Ridgway, CO 81432-5062

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

    Ridgway, CO Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Ridgway, CO on our real estate platform. These investment opportunities span a total of 16,839 square feet of properties for sale, with an estimated market value of $10,240,000.

    Sale prices for residential income properties in Ridgway, CO start at $1,490,000, averaging $5,120,000, and reaching up to $8,750,000 — 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 2

    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 $5.1M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ouray County

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    Residential Income

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    Featured Ridgway Real Estate Agencies

    Realmo connects you with licensed Ridgway CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ponderosa Real Estate
    565 Sherman St., #2 Ridgway, CO 81432
    Phone: 19707290300
    www.ponderosare.com

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