$900,000
SOLD FEB 23, 2026

400 S Pythian Ave Montrose, CO 81401

9 Beds
4 Baths
3,498 Sq Ft
12,197 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Wood Siding
  • 2 Car Attached Garage
  • Ceiling Fan
  • Carpet

About This Home

As of February 2026

This home is located at 400 S Pythian Ave, Montrose, CO 81401 and is currently priced at $900,000, approximately $257 per square foot. This property was built in 1974. 400 S Pythian Ave is a home located in Montrose County with nearby schools including Johnson Elementary School, Centennial Middle School, and Montrose High School.

Last Agent to Sell the Property

Isaiah Perez

Keller Williams Realty Southwest Associates, LLC - Montrose Listed on: 01/16/2026

Keller Williams Realty Southwest Associates, LLC - Montrose

Last Buyer's Agent

Mario Ramirez

NextHome Virtual

NextHome Virtual

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1974

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

  • Johnson K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for real estate taxes, water/sewer, trash
  • Assessor Parcel Number 376727405001

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,458

Year Built

Built in 1974

Lot Details

0.28 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.28
  • Class: Multifamily
  • Em Deposit: 20000
  • Em Holder: Land Title
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup
  • Legal Lot Block: Subd: LOUTSENHIZER ADDN Block: 104 Lot: 1 THRU:- Lot: 4 ELY 21FT OF LT 4 ADJOINING LT 3 S: 27 T: 49 R:
  • Parcel Id Number: 376727405001
  • Price Per Sq Ft: 257.29
  • Property Description: Corner
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 257.29
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water
  • Heating Fuelsystem: Forced Air
  • Landlord Pays: Real Estate Taxes, Water/Sewer, Trash
  • Multi Story: Yes
  • Type: Apartment Bldg.
  • Total Taxes Dollar: $2458
  • Year Built: 1974
  • Prop Description Remarks: Rare Montrose investment opportunity—this well-located 4-plex is fully leased on year-long terms and positioned for steady, reliable income. Just steps from Centennial Middle School and downtown Montrose (Main & Townsend), the property benefits from strong tenant demand and walkable convenience. The unit mix includes one 3-bed/1-bath unit with a 2-car garage and three 2-bed/1-bath units. With full occupancy, a prime location, and proven cash flow, this is a turnkey asset investors won’t want to miss. Now is your opportunity to invest in a 4 plex.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Dining Room: Eat-in Kitchen
  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 3498
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Lower Level Sq Ft: 1914
  • Total Office Den: 0
  • Upper Level Sq Ft: 1584

Exterior Features

  • Roof: Architectural Shingles

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 4

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Johnson K-5
  • Middle School: Centennial 6-8
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2026 02/23/26 Sold $900,000 +0.1% $257 / Sq Ft
01/22/2026 01/22/26 Pending -- -- --
01/16/2026 01/16/26 For Sale $899,000 +2.7% $257 / Sq Ft
04/04/2024 04/04/24 Sold $875,000 0.0% $250 / Sq Ft View Prior Sale
03/12/2024 03/12/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $875,000 -- $250 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,458 $71,480 $37,890 $33,590
2024 $2,458 $26,390 $3,380 $23,010
2023 $1,796 $30,530 $3,910 $26,620
2022 $1,673 $24,310 $2,740 $21,570
2021 $1,762 $25,560 $2,880 $22,680
2020 $1,495 $22,280 $2,570 $19,710
2018 $1,310 $18,930 $2,150 $16,780
2017 $1,300 $18,930 $2,150 $16,780
2016 $1,341 $19,850 $2,380 $17,470
2015 $1,317 $19,850 $2,380 $17,470
2014 $1,172 $18,900 $2,310 $16,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 831029

Colorado Real Estate Network (CREN)
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