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307 W Montezuma

Cortez, CO 81321
  • $379,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 821002
UPDATED: 39 min ago
$379,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,734
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.


Description

RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN CORTEZ CO! This 4-plex plus an additional ADU is located on a fantastic street in downtown Cortez. The 4-plex generates strong cash flow and is easy to keep rented. The new owner could create a ton of value by potentially redeveloping the back ADU into more units. Each unit is 1bd 1ba. Unit 1 was left vacant to allow for showings. Do not miss this prime multi family investment opportunity! Call me today for a showing!

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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 2025. 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: 2025-04-17T09:56:26.443.
www.destinationdro.com/homes/160069067
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307 W Montezuma Cortez, CO 81321

  • Price: $379,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 39 min ago
  • MLS #: 821002
0
Beds
5
Baths
0
½ Baths
0.14
Acres
2,734
SQFT
$139
$/SQFT
1948
Built
Neighborhood:
Cortez Original
County:
Montezuma
Area:
Cortez
Elementary School:
Kemper K-5
Middle School:
Cortez 6-8
High School:
Montezuma-Cortez 9-12
Property Description
RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN CORTEZ CO! This 4-plex plus an additional ADU is located on a fantastic street in downtown Cortez. The 4-plex generates strong cash flow and is easy to keep rented. The new owner could create a ton of value by potentially redeveloping the back ADU into more units. Each unit is 1bd 1ba. Unit 1 was left vacant to allow for showings. Do not miss this prime multi family investment opportunity! Call me today for a showing!
Exterior Features

Acreage Range Less than 1/2 Carport No Garage No Parking 1 per unitIn Rear of BuildingOff Street Parking Spaces 5 Property Attached No Roof Composition Siding Stucco Stories Two Story Street Description City/TownPaved Water Well No Waterfront YN No

Interior Features

Appliance Inclusions Range/OvenRefrigerator Cooling Central Air Flooring Laminate Foundation Basement Crawl Space Heating Fuel Source Natural GasForced Air One Quarter Baths 0 Total Office Dens 0

Property Features

Covenants NO Green Certification No Hoa No Horse Setup No Metered Metered for Electricity Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2024 Terms CashConventional Total Taxes 1179.76 Type Apartment Bldg. Water Rights No Water Sewer City SewerCity Water Zoning Live/WorkResidential

[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 2025. 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: 2025-04-17T09:56:26.443.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.