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107 N Teller Street

Gunnison, CO 81230
  • $1,400,000
  • STATUS: Active
  • ON SITE: 305 Days
  • MLS #: 825505
UPDATED: 49 min ago
$1,400,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,754
    SQFT
  • $508
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1934
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Berkshire Hathaway HomeServices Today Realty & Associates: 970-641-0077.


Description

Don't miss out on your chance to own this income producing 5 plex! Located just one block away from Western State Colorado University with easy access across the street to public transportation and Legion park. All units can be rented out long term or you can fix up the main house to either live in yourself or turn it into a vacation rental for your own use and it's income potential. With Legion Park directly across the street you will be in the center of summer fun with bands playing every Sunday afternoon. Your options with this unique opportunity are endless. Gross Income, Annual Expenses, Net Operating Income & Cap Rate in the Property Details Section are approximate and based on actual rents received, projected rents based on current leases and current/projected expenses. The main House is a 3 bed 2 bath, Above Grade Living Area 1,436 sq ft, Unfinished Basement 588 sq ft. 1 story duplex units # 1 & 2 are both studio apartments, Above Grade Living Area 587 sq ft. 2 story duplex units # 3 - 4 are both 1 bed 1 bath with a kitchen/ dinning area. Above Grade Living Area 731 sq ft.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data 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.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-04-18T23:56:23.813.
www.destinationdro.com/homes/164988008
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107 N Teller Street Gunnison, CO 81230

  • Price: $1,400,000
  • Status: Active
  • On Site: 305 Days
  • Updated: 49 min ago
  • MLS #: 825505
0
Beds
6
Baths
0
½ Baths
0.18
Acres
2,754
SQFT
$508
$/SQFT
1934
Built
Neighborhood:
Boutcher's Addition
County:
Gunnison
Area:
Gunnison City
Elementary School:
Gunnison 1-5
Middle School:
Gunnison 6-8
High School:
Gunnison High 9-12
Property Description
Don't miss out on your chance to own this income producing 5 plex! Located just one block away from Western State Colorado University with easy access across the street to public transportation and Legion park. All units can be rented out long term or you can fix up the main house to either live in yourself or turn it into a vacation rental for your own use and it's income potential. With Legion Park directly across the street you will be in the center of summer fun with bands playing every Sunday afternoon. Your options with this unique opportunity are endless. Gross Income, Annual Expenses, Net Operating Income & Cap Rate in the Property Details Section are approximate and based on actual rents received, projected rents based on current leases and current/projected expenses. The main House is a 3 bed 2 bath, Above Grade Living Area 1,436 sq ft, Unfinished Basement 588 sq ft. 1 story duplex units # 1 & 2 are both studio apartments, Above Grade Living Area 587 sq ft. 2 story duplex units # 3 - 4 are both 1 bed 1 bath with a kitchen/ dinning area. Above Grade Living Area 731 sq ft.
Exterior Features

Acreage Range Less than 1/2 Carport No Garage No Parking 1 per unit2 per unit Parking Spaces 6 Property Attached No Roof Metal Siding Wood Stories One StoryTwo Story Street Description City/TownPaved Style Other Views Other Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDisposalDryerMicrowaveRange/OvenRefrigeratorWasher Basement Sq Ft 588 Flooring CarpetLaminateLinoleumVinylWood Foundation Basement WoodBasement-below gradeBasement-unfinishedConcretePermanent Heating Fuel Source Natural GasHot Water BaseboardBoilerSpace Heater One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 0 Unit1 Square Feet 293 Unit2 Baths 1 Unit2 Bedrooms 0 Unit2 Square Feet 294 Unit3 Baths 1 Unit3 Bedrooms 1 Unit3 Square Feet 430 Unit4 Baths 1 Unit4 Bedrooms 1 Unit4 Square Feet 301 Unit5 Baths 2 Unit5 Bedrooms 3 Unit5 Square Feet 1436

Property Features

Cap Rate Percent 4.22 Covenants NO Green Certification No Hoa No Horse Setup No Metered Metered for Gas Multi Story Yes New Construction YN No Property Mngr BHHS Today Realty & Assoc Reo Lender Owned No Tax Year 2024 Terms 1031 ExchangeCashConventional Total Taxes 1853.72 Type Fiveplex Unit1 Monthly Rent 975 Unit2 Monthly Rent 1025 Unit3 Monthly Rent 1200 Unit4 Monthly Rent 1150 Unit5 Monthly Rent 2600 Vacancy Factor Prcnt 0 Water Rights No Water Sewer City SewerCity Water Zoning ResidentialResidential Multi Family

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data 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.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-04-18T23:56:23.813.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Berkshire Hathaway HomeServices Today Realty & Associates: 970-641-0077.