$339,000
SOLD JUN 25, 2025

307 W Montezuma Ave Cortez, CO 81321

-- Bed
5 Baths
2,734 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

11% Below List Price

88 Days on Market

Highlights

  • Patio
  • Central Air
  • Privacy Fence

About This Home

As of June 2025

This home is located at 307 W Montezuma Ave, Cortez, CO 81321 and is currently priced at $339,000, approximately $123 per square foot. This property was built in 1948. 307 W Montezuma Ave 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.

Last Agent to Sell the Property

Gina Buchanan

The Wells Group of Durango, LLC Listed on: 02/05/2025

Last Buyer's Agent

Robin Rice

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Privacy Fence

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 5 Full Bathrooms
  • 2,734 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Laminate Flooring
  • Crawl Space
  • Oven or Range

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

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

Additional Features

  • Patio
  • Central Air

Community Details

  • 5 Units
  • Cortez Original Subdivision

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for building insurance, real estate taxes, ext maintenance (bldg), water/sewer, trash
  • Assessor Parcel Number 561126237003

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,180

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.14
  • Class: Multifamily
  • Em Deposit: 5000
  • Em Holder: Title
  • Exterior Inclusions: Patio
  • Interior Inclusions: Window Coverings
  • Legal Lot Block: Subdivision: Cortez Original Lot: 5-6 Block: 23
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 561126237003
  • Price Per Sq Ft: 123.99
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 123.99
  • Street Descriptionaccess: City/Town, Paved
  • Zoning: Live/Work, Residential
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas, Forced Air
  • Landlord Pays: Building Insurance, Real Estate Taxes, Ext Maintenance (Bldg), Water/Sewer, Trash
  • Metered: Metered for Electricity
  • Multi Story: Yes
  • Type: Apartment Bldg.
  • Total Taxes Dollar: 1179.76
  • Year Built: 1948
  • Prop Description Remarks: 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!
  • Subdv Name: Cortez Original
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Laminate
  • Estimated Total Sq Ft: 2734
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 5
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Parking: Off Street, 1 per unit, In Rear of Building

Utilities

  • Cooling: Central Air
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Kemper 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

  • Tenant Pays: Electric, Gas
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 5

Tax Info

  • Tax Year: 2024

MLS Schools

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

Range of Values:

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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
06/25/2025 06/25/25 Sold $339,000 -10.6% $124 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $379,000 0.0% $139 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $379,000 -- $139 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gina Buchanan

    Seller's Agent in 2025

    Gina Buchanan

    The Wells Group of Durango, LLC

    (970) 799-2133

    83 Total Sales

    Gina Buchanan
    Section Image
  • Robin Rice

    Buyer's Agent in 2025

    Robin Rice

    eXp Realty, LLC

    (970) 739-0455

    162 Total Sales

    Robin Rice
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 821002

Colorado Real Estate Network (CREN)
Colorado Montezuma County Cortez 81321

307 W Montezuma Ave, Cortez, CO

This home is located at 307 W Montezuma Ave, Cortez, CO 81321 and is currently priced at $339,000, approximately $123 per square foot. This property was built in 1948. 307 W Montezuma Ave 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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