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$4,350,000
85 Days On Site

350 E 8th Avenue
Durango, CO 81301

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
9,350
SqFt
$465
/SqFt
1948
Built
Subdivision:
None
County:
La Plata
Listing courtesy of Craig Weese of eXp Realty, LLC

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970-382-3023
350 E 8th Avenue350 E 8th Avenue350 E 8th Avenue350 E 8th Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$19,846
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Welcome to an exceptional investment opportunity in the heart of Durango, CO, a rare find in a town with limited apartment complexes. This 29-unit apartment complex offers significant upside potential, including the opportunity to increase rents. The majority of the units have been recently remodeled, featuring stylish, modern updates that tenants desire. Each remodeled unit boasts contemporary kitchens with new cabinetry, countertops, and appliances. Freshly updated bathrooms, new flooring, and modern paint palettes provide a sleek, inviting atmosphere. The property is designed to appeal to today’s renters while offering long-term investment growth. With its prime location on the grid in Durango, the complex is located walking distance to grocery stores, shopping, laundry mat, horse gulch for mountain biking and hiking, and Fort Lewis collage. This apartment complex offers not only immediate income potential but also the possibility of future value appreciation. Don’t miss this rare chance to own in a thriving market with room to grow.

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Listing Snapshot
Price 
$4,350,000
Days On Site 
85 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,350 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.51 Acres
Year Built 
1948
MLS® Number 
818459
Status 
Active
Property Tax 
$5,844.32
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.51
Number Of Stories 
1
Parking 
Off Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
9350
Style 
Garden/Low Rise Apts
Water Source 
Public
Zoning 
Residential Multi Family
Interior Features
Appliances 
RefrigeratorRangeOven
Flooring 
Vinyl
Heating 
BaseboardElectric
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Community Features
MLS Area 
Durango In Town
Schools
School District
Unknown
Elementary School
Park K-5
Middle School
Escalante 6-8
High School
Durango 9-12
Listing courtesy of Craig Weese of eXp Realty, LLC



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than CREN contain that company’s name.
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Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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