NOT LISTED FOR SALE
8 Beds
8 Baths
5,120 Sq Ft
0.39 Acres

Last Sold November 30, 2023

Last sale price $1,875,000 $366 Per Sq Ft

8 Days on Market

Highlights

  • 0.39 Acre Lot
  • 9 Car Attached Garage
  • 2-minute walk to Animas City Park
  • Durango High School Rated A-
  • Ceiling Fan

About This Home

As of November 2023

This home is located at 3140 & 3146 W 3rd, Durango, CO 81301 since 13 October 2023. This property was built in 1996. 3140 & 3146 W 3rd is a home located in La Plata County with nearby schools including Needham Elementary School, Miller Middle School, and Durango High School.

Last Listed By

Joe Clair

Keller Williams Realty Southwest Associates, LLC Listed on: 10/13/2023

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,848

Year Built

  • Built in 1996

Lot Details

  • 0.39 Acre Lot

Home Design

  • Quadruplex

Interior Spaces

  • 5,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 9 Car Attached Garage
  • On-Street Parking

Schools

  • Riverview K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Community Details

  • 4 Units
  • Animas City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566517113023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,848

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 0.39
  • Class: Multifamily
  • Em Deposit: 30,000
  • Em Holder: title company
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: Subdivision: ANIMAS CITY (DGO) Block: 43 Lot: 7 AND:- Lot: 8 ANIMAS CITY ANNEX, PLUS WLY 20' W 2ND AVE VAC, ORD 820, #571066 3140 W 3RD AVE DURANGO 81301 and ANIMAS CITY (DGO) Block: 43 Lot: 11A, Subdivision: ANIMAS CITY (DGO) Block: 0 Lot: 9A FB SUBDIVISION PER DCL 1105447 3146 W 3RD AVE DURANGO 81301
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566517113023
  • Price Per Sq Ft: 366.21
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 366.21
  • Street Descriptionaccess: City/Town, Paved
  • Tax Account Id: R418209
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Multi Story: Yes
  • Type: Fourplex
  • Total Taxes Dollar: 4847.60
  • Year Built: 1996
  • Prop Description Remarks: Welcome to your next income-producing investment in the heart of scenic Durango, Colorado! This meticulously maintained four-plex offers an exceptional opportunity for savvy investors seeking a solid addition to their portfolio. With three of the units currently generating between $1,800 (1) and $2,000 (2) each in monthly rent and the fourth unit ready for occupancy or customization, this property is primed to attract long-term tenants and generate consistent rental income. The grounds are well kept, the home is spacious and in a consistently cared for condition and the opportunity for growth in rental rate is evident. Consult with City of Durango Planning at assess opportunities for additional rent creation. The property sits well below the current Floor Are Area and Lot Coverage Ratio Thresholds allowing for expansion in use. Tremendous walk score and easy access, as this property is conveniently close to the North City Market and the scenic river trail, making it a sought-after location for tenants.
  • Subdv Name: Animas City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Estimated Total Sq Ft: 5120
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Parking Spaces: 2
  • Garage Capacity: 9
  • Parking: On Street, Paved

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 4

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 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
11/30/2023 11/30/23 Sold $1,875,000 0.0% $366 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,875,000 -- $366 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808687

Colorado Real Estate Network (CREN)