$1,050,000

Estimated payment $6,000/month

Total Views 797
7 Beds
7 Baths
3,888 Sq Ft
$270 Price per Sq Ft

Highlights

  • Mountain View
  • Deck
  • Cul-De-Sac
  • Durango High School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Animas Mountain East Trailhead

About This Home

This home is located at 3226 & 3228 W 4th Ave, Durango, CO 81301 and is currently priced at $1,050,000, approximately $270 per square foot. This property was built in 1981. 3226 & 3228 W 4th Ave is a home located in La Plata County with nearby schools including Needham Elementary School, Miller Middle School, and Durango High School.

Listing Agent

Katie Sturm

Legacy Properties West Sotheby's Int. Realty Listed on: 06/14/2026

Legacy Properties West Sotheby's Int. Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 1981 | Remodeled in 2024

Lot Details

  • 10,890 Sq Ft Lot
  • Cul-De-Sac

Property Views

  • Mountain
  • Valley

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 3,888 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Parking

  • 2 Parking Spaces
  • 6 Carport Spaces
  • 2 - 10 Parking Spaces

Schools

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

Additional Features

  • Deck
  • Vented Exhaust Fan

Listing and Financial Details

  • The owner pays for building insurance, real estate taxes, water/sewer, trash, snow removal
  • Assessor Parcel Number 566517107016

Community Details

Overview

  • 2 Units
  • Animas City Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $16,293
  • Gross Income $76,800
  • Net Operating Income $60,507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,334

Year Built

Built in 1981 | Remodeled in 2024

Lot Details

0.25 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Dishwasher, Dryer, Disposal, Microwave, Exhaust Fan
  • Estimated Total Acres: 0.25
  • Class: Multifamily
  • Em Deposit: 20000
  • Em Holder: Title Durango
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, W/D Hookup
  • Legal Lot Block: ANIMAS CITY (DGO) Block: 53 Lot: 22 THRU:- Lot: 24 3226 W 4TH AVE
  • Lot Dimension: .25
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566517107016
  • Price Per Sq Ft: 270.06
  • Property Attached: Yes
  • Property Description: Cul-de-sac
  • Residence Stories: Two Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Masonite
  • Street Descriptionaccess: City/Town, Paved
  • Zoning: Residential Multi Family
  • Cap Rate Percent: 5.76
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Electric Baseboard
  • Landlord Pays: Building Insurance, Real Estate Taxes, Water/Sewer, Trash, Snow Removal
  • Metered: Metered for Electricity, Metered for Water
  • Multi Story: Yes
  • Property Mngr: Durango Property Mgmt
  • Total Number Electric Meters: 2
  • Total Number Water Meters: 1
  • Type: Duplex
  • Total Taxes Dollar: 3334
  • Year Built: 1981
  • Year Renovated: 2024
  • Prop Description Remarks: ATTENTION INVESTORS: Opportunities to acquire a cash-flowing, turn-key multifamily asset with gross income of $6,400 per month ($3,600/mo North Unit; $2,800/mo South Unit) are increasingly rare in-town. This well-maintained duplex features no HOA restrictions, long term or 30-day minimum rental for maximum strategy flexibility, and a $50,000 capital improvement upgrade in 2024 that includes new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, and upgraded appliances (new dishwashers, refrigerator, and dryer). Boasting low CapEx risk, the property also features new main roofs from 2019 and new carport roofs from 2024. The expansive 2,448 sq ft North Unit (4 BR/3.5 BA with a 2004 addition) and the highly rentable 1,440 sq ft South Unit (3 BR/2.5 BA) both enjoy east-facing decks with sweeping Animas River Valley views, a shared view-centric backyard with views of the mountains, dedicated carport parking, and outdoor storage sheds. Situated in a premier, zero-vacancy location just half a block from the Animas Mountain Trailhead, three blocks from the Animas River, a few blocks to North City Market, and a short drive to downtown Durango, Ft. Lewis College, Purgatory Ski Resort, this asset is primed for flexible investment options.
  • Subdv Name: Animas City
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Flooring: Carpet, Vinyl, Linoleum
  • Master Bedroom: Upper Level
  • Estimated Total Sq Ft: 3888
  • Full Bathrooms: 0
  • Half Bathrooms: 2
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 5
  • Total Bathrooms: 7
  • Foundation: Stemwall, Crawl Space
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Parking Spaces: 2
  • Carport: Yes
  • Carport Spaces: 6
  • Parking: 2-10 Total Spaces, Common, Concrete

Utilities

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

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2
  • Gross Annual Expenses: 16293
  • Gross Scheduled Income: 76800
  • Net Operating Income: 60507

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 For Sale $1,050,000 0.0% $270 / Sq Ft
07/05/2026 07/05/26 Pending -- -- --
06/14/2026 06/14/26 For Sale $1,050,000 -- $270 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 835962

Colorado Real Estate Network (CREN)
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