$965,000

Estimated payment $5,685/month

Total Views 748
3 Beds
2 Baths
1,722 Sq Ft
$560 Price per Sq Ft

Highlights

  • Hot Property
  • Traditional Architecture
  • Fireplace
  • John C. Fremont Elementary School Rated A-
  • High Ceiling
  • Ductless Heating Or Cooling System

About This Home

Two blocks from downtown Montrose, past the shops and the park, sits a property built for two very different buyers. Downstairs offers two bedrooms, one bath, a large living room, and an eat-in kitchen with laundry hookups. A fireplace warms the space. A dedicated parking spot sits at the rear of the building. Upstairs, one bedroom and one bath open onto a small balcony with beautiful views. That unit has its own updated kitchen, a full fireplace, and a two-car garage reserved just for the upstairs tenant. First-time homebuyer: Perhaps Montrose has always felt out of reach. Every search ends the same way: bad location or too much money. This duplex changes that math. Move into the upstairs unit, balcony and all, and let the two-bedroom downstairs help cover the mortgage. Or take the larger unit for yourself and rent out the one above. Let the rent supplement your payment. Together they bring in over $4,450 a month. First-time investor or looking to add a nugget in the heart of Montrose to your portfolio? Here's a low-maintenance investment, one with tenants already in place, income already flowing, and upkeep kept simple. Over $4,450 a month, two blocks from downtown Montrose, doesn't come along often. A first home. A first investment. A small addition to your portfolio. This one gives you choices.

Listing Agent

Robbyn Battles

JohnHart Real Estate License #00984070 Listed on: 07/31/2026

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 2,714 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • No Sprinklers

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,722 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Storage
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Gas and Electric Range
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • High Efficiency Air Conditioning
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3005
  • Assessor Parcel Number 5807002030

Community Details

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $960
  • Water Sewer Expense $1,800
  • Operating Expense $5,160
  • Gross Income $52,536
  • Net Operating Income $47,376

Property Details

Home Type

Multi-Family

Year Built

Built in 1947 | Remodeled

Lot Details

2,714 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5807002030
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial, High Ceilings, Pantry, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 560.39

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Free-Standing Range, Gas & Electric Range
  • Heating Type: Ductless
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Ductless, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 2714.00
  • Lot Size Acres: 0.0623

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 906
  • Average2 Bed Area: 884
  • Gross Income: 52536.00
  • Gross Scheduled Income: 52536.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2714.0000 Square Feet
  • Net Operating Income: 47376.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Operating Expense: 5160.00
  • Rent Control: Yes
  • Total Expenses: 5160.00

Tax Info

  • Tax Lot: 11
  • Tax Tract: 6272
  • Tax Tract Number: 3005

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $4,568 $339,981 $122,221 $217,760
2024 $4,359 $333,316 $119,825 $213,491
2023 $4,100 $326,781 $117,476 $209,305
2022 $3,836 $320,374 $115,173 $205,201
2021 $3,764 $314,093 $112,915 $201,178
2019 $3,625 $304,779 $109,567 $195,212
2018 $3,367 $284,272 $99,405 $184,867
2016 $3,199 $273,236 $95,546 $177,690
2015 $3,128 $269,132 $94,111 $175,021
2014 $3,113 $263,861 $92,268 $171,593
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
07/31/2026 07/31/26 For Sale $965,000 0.0% $560 / Sq Ft
09/18/2023 09/18/23 Rented $2,400 0.0% --
08/15/2023 08/15/23 Under Contract -- -- --
08/09/2023 08/09/23 For Rent $2,400 -- --
Source: Pasadena-Foothills Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-28273

Pasadena-Foothills Association of REALTORS®

APN: 5807-002-030

Your Personal Tour Guide

Ask me questions while you tour the home.