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For sale
  • Price cut: $111K (10/26)
    $1,198,000

    195 Silverview Ln #1-5, Durango, CO 81303

    6beds
    3,556sqft
    : 
    Other
    Built in 1973
    1.8 Acres Lot
    $-- Zestimate®
    $337/sqft
    $-- HOA

    What's special

    Mountain viewsElevated propertyBreathtaking viewsTwo buildings
    Exceptional Multi-Unit Investment Property in Fast-Growing Grandview – Nearly 2 Acres with Mountain Views Discover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata County’s most active development corridors. Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildingsâ€â€two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the area’s demand for quality, smaller-footprint housing. Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand. Don’t miss this outstanding investment opportunity in one of Durango’s most strategic growth areas with breathtaking views.
    222 days
    |
    150
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listed by:

    Makala Jewell,

    EXIT REALTY HOME & RANCH

    Source: EXIT Realty broker feed,MLS#: 823550

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Features
    • Basement:
    • Has fireplace: No
    Interior area
    • Total structure area: 3,556
    • Total interior livable area: 3,556 sqft
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    Property

    Lot
    • Size: 1.8 Acres
    Details
    • Parcel number: 566911104006

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1973

    Community & HOA

    Location
    • Region: Durango

    Financial & listing details

    • Price per square foot: $337/sqft
    • Date on market: 5/2/2025
    • Lease term: Contact For Details
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    10/26/2025Price change$998,000-10%$281/sqft
    Source: CREN #823550 Report a problem
    9/12/2025Price change$1,109,000-4.4%$312/sqft
    Source: CREN #823550 Report a problem
    8/16/2025Price change$1,160,000-3.2%$326/sqft
    Source: CREN #823550 Report a problem
    7/23/2025Price change$1,198,000-4.9%$337/sqft
    Source: CREN #823550 Report a problem
    7/17/2025Price change$1,260,000-2.7%$354/sqft
    Source: CREN #823550 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $6,690/mo
    Principal & interest
    $6011
    Home insurance
    $419
    Property taxes
    $260

      Climate risks

      Neighborhood: 81303

      Nearby schools

      GreatSchools rating

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