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!
New
$588,000
240 S Madison Street, Cortez, CO 81321
11beds
3,724sqft
Est.:
Quadruplex
Built in 1994
-- sqft lot
$323,400 Zestimate®
$158/sqft
$-- HOA
What's special
- 2 hours
- on Zillow |
- 35 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: 9 hours ago
Listed by:
Cody Wells 970-560-2596,
Xtrov
Source: CREN,MLS#: 823953

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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 & HOA
Community
- Subdivision: Madison and Third TH
HOA
- Has HOA: No
Location
- Region: Cortez
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $135,860
- Annual tax amount: $1,688
- Date on market: 5/12/2025
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