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  • $379,000

    307 W Montezuma, Cortez, CO 81321

    --beds
    2,734sqft
    : 
    Apartment
    Built in 1948
    -- sqft lot
    $372,000 Zestimate®
    $139/sqft
    $-- HOA

    What's special

    Fantastic street
    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!
    79 days
    on Zillow
    |
    313
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 12:38am

    Listed by:

    Gina Buchanan 970-799-2133,

    The Wells Group of Durango, LLC

    Source: CREN,MLS#: 821002MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 307 W Montezuma.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 5
    • Full bathrooms: 5
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    Features
    • Flooring: Laminate
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,734
    • Total interior livable area: 2,734 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: 1 per unit, In Rear of Building, Off Street
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,098.4 Square Feet
    Details
    • Parcel number: 561126237003
    • Zoning description: Live/Work,Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: City Sewer
    • Water: City Water
    • Utilities for property: Metered for Electricity

    Community & HOA

    Community
    • Subdivision: Cortez Original
    HOA
    • Has HOA: No
    Location
    • Region: Cortez

    Financial & listing details

    • Price per square foot: $139/sqft
    • Annual tax amount: $1,179
    • Date on market: 2/6/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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