$899,000
PENDING

400 S Pythian Ave Montrose, CO 81401

Estimated payment $4,874/month

Total Views 194
9 Beds
4 Baths
3,498 Sq Ft
$257 Price per Sq Ft

Highlights

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

About This Home

This home is located at 400 S Pythian Ave, Montrose, CO 81401 and is currently priced at $899,000, 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.

Listing Agent

Isaiah Perez

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

Keller Williams Realty Southwest Associates, LLC - Montrose

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

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,458

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dishwasher, 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
  • Property Description: Corner
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • 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, Trash, Water/Sewer
  • 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: UnderContract
  • 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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2024 $1,879 $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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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)

Source: Colorado Real Estate Network (CREN)

MLS Number: 831029

Colorado Real Estate Network (CREN)
Colorado Montrose County Montrose 81401

400 S Pythian Ave, Montrose, CO

Pending

MultiFamily

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Isaiah Perez
Listing Agent
Isaiah Perez
Section Image
Keller Williams Realty Southwest Associates, LLC - Montrose
(970) 648-8944