$999,900
$10M PRICE DROP

122 E 1st St Cortez, CO 81321

Estimated payment $5,778/month

Total Views 8,010
11 Beds
11 Baths
7,272 Sq Ft
$138 Price per Sq Ft

About This Home

This 11-plex residential apartment complex is a unique investment opportunity in the heart of Cortez--there is nothing like it on the market. All single-story units with charming stucco interior and an outdoor courtyard. So much potential with this property, don't miss your chance to invest in up-and-coming Cortez.

Listing Agent

Katie Calvert

Berkshire Hathaway HomeServices Colorado Properties Listed on: 02/10/2025

Berkshire Hathaway HomeServices Colorado Properties

Co-Listing Agent

Holly Matson

Berkshire Hathaway HomeServices Colorado Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,069

Year Built

  • Built in 1960

Home Design

  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 7,272 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms

Schools

  • Mesa K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Additional Features

  • 0.49 Acre Lot
  • Internet Available

Community Details

  • Cortez Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561126302007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,069

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.49
  • Class: RESIDENTIAL
  • Em Deposit: 20,000
  • Em Holder: Title Company
  • Legal Lot Block: Lot: 19-24 Block: 34 B461 P200 B472 P56 B707 P83
  • Parcel Id Number: 561126302007
  • Price Per Sq Ft: 137.5
  • Real Estate Included: Yes
  • Realist Id: 5611-263-02-007
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Street Designation: Street
  • Tax Account Id: R009589
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 3069.44
  • Year Built: 1960
  • Foreign Owned Y N: No
  • Prop Description Remarks: This 11-plex residential apartment complex is a unique investment opportunity in the heart of Cortez--there is nothing like it on the market. All single-story units with charming stucco interior and an outdoor courtyard. So much potential with this property, don't miss your chance to invest in up-and-coming Cortez.
  • Subdv Name: Cortez
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 11
  • Estimated Total Sq Ft: 7272
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 9
  • Total Bathrooms: 11
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Tile

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Cortez
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8

Map

Range of Values:

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Average Value
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List Price
Sold 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 Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $999,900 -4.8% $138 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,050,000 -4.5% $144 / Sq Ft
02/11/2025 02/11/25 Price Changed $1,100,000 -90.0% $151 / Sq Ft
02/10/2025 02/10/25 For Sale $11,000,000 +1217.4% $1,513 / Sq Ft
04/05/2023 04/05/23 Sold $835,000 0.0% $137 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $835,000 -- $137 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 821114

Colorado Real Estate Network (CREN)

Colorado Montezuma County Cortez 81321

122 E 1st St, Cortez, CO

This home is located at 122 E 1st St, Cortez, CO 81321 and is currently priced at $999,900, approximately $137 per square foot. This property was built in 1960. 122 E 1st St is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Katie Calvert
Listing Agent
Katie Calvert
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Berkshire Hathaway HomeServices Colorado Properties
(970) 736-3498