$2,400,000

115 7th Ave Unit (TRIPLEX) Ouray, CO 81427

Estimated payment $13,219/month

Total Views 10,273
7 Beds
5 Baths
4,285 Sq Ft
$560 Price per Sq Ft

Highlights

  • Radiant Floor
  • Victorian Architecture
  • 3 Fireplaces
  • Ouray Middle School Rated A-
  • Loft
  • 2-minute walk to Ouray Dog Park

About This Home

Three Residences. One extraordinary gated compound. Immediate cash flow with proven rental income, strong appreciation potential in downtown Ouray, and multiple exit strategies for investors. Mission Rock Triplex is composed of TWO spacious 3 bedroom / 2 bathroom units PLUS a charming historic (c.1900) free-standing Cottage. The upper 3-bedroom has vaulted ceilings and south facing windows and deck looking at Mt. Abrams. At over 2000 livable square feet, the street level 3-bedroom is larger than many houses in town. Flexible use scenarios exist for the new owner -- sell off individual units, rent the units in a variety of configurations, or keep the whole thing for private use. Today all 3 units are active Short-Term Rentals with actual rental histories on file.

Listing Agent

Jason Raible

LIV Sotheby's International Realty - Transfer Telluride License #IA40021807 Listed on: 10/14/2024

LIV Sotheby's International Realty - Transfer Telluride

Co-Listing Agent

Peggy Raible

LIV Sotheby's International Realty - Mountain Village License #FA40015272

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,285

Year Built

  • Built in 2005

Parking

  • Open Parking

Home Design

  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,285 Sq Ft Home
  • Furnished
  • 3 Fireplaces
  • Loft
  • Radiant Floor

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Gated Home
  • Heating System Uses Gas

Community Details

  • 3 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,285

Year Built

Built in 2005

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS2: Mission Rock Triplex
  • Directions: 38 miles from the Montrose (MTJ) airport. From Main Street in Ouray, turn right downhill on 7th Avenue toward the river. Property is diagonally downhill across 7th Avenue from the historic Western Hotel and Saloon.
  • Listing Member Name: Jason K. Raible
  • Listing Office Short Id: livsj
  • Major Area: 70
  • Prop. Type: Condo
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Free Standing
  • Year Built: 2005
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 4285.00
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 7
  • Fireplace: 3, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Frame, Stone
  • Disclosures: Covenants
  • Exterior Finish: Stone, Wood (Natural)
  • Roof: Metal
  • View: Mt. Abrams
  • Water Extras: Fence, Gated

Garage/Parking

  • Parking: Open Area Parking

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Gas, Radiant in Floor

Condo/Co-op/Association

  • Total Number of Units: Mission Rock
  • HOAMangmentCompanyInfo: Vacation Rental Collective / 970-633-0721

Fee Information

  • PaymentPer: Year
  • Taxes: 7285.18

Lot Info

  • Zoning: Residential/Commercial
  • Lofts: One

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Numberof Units: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 For Sale $2,400,000 0.0% $560 / Sq Ft
10/15/2025 10/15/25 Off Market $2,400,000 -- --
05/22/2025 05/22/25 For Sale $2,400,000 0.0% $560 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
10/14/2024 10/14/24 For Sale $2,400,000 -- $560 / Sq Ft
Source: Telluride Association of REALTORS®

Source: Telluride Association of REALTORS®

MLS Number: 43010

Telluride Association of REALTORS®