Incredible investment opportunity right in the heart of Cortez. This 4-plex has been well maintained and managed and has provided excellent cash-flow for many years. Don't miss out on this turn-key operation!
Sold cren member
$525,000
240 S Madison Street, Cortez, CO 81321
11beds
3,724sqft
Quadruplex
Built in 1994
-- sqft lot
$524,800 Zestimate®
$141/sqft
$1,563 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2025 at 12:15pm
Listed by:
Cody Wells 970-560-2596,
Xtrov
Bought with:
Logan Austin, FA100065385
Keller Williams Realty Southwest Associates, LLC
Source: CREN,MLS#: 823953

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Interior area
- Total structure area: 3,724
- Total interior livable area: 3,724 sqft
Property
Parking
- Total spaces: 1
- Parking features: 2-10 Total Spaces, Garage, Off Street, Paved, Attached Garage
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 1 Acres
Details
- Parcel number: 561126448006
- Zoning description: Residential Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: City Sewer
- Water: City Water
Community & neighborhood
Location
- Region: Cortez
- Subdivision: Madison and Third TH