$715,000

470 Burns Ave Ignacio, CO 81137

Estimated payment $3,890/month

Total Views 1,429
-- Bed
12 Baths
5,760 Sq Ft
$124 Price per Sq Ft

About This Home

This home is located at 470 Burns Ave, Ignacio, CO 81137 and is currently priced at $715,000, approximately $124 per square foot. This property was built in 1973. 470 Burns Ave is a home located in La Plata County with nearby schools including Ignacio Elementary School, Ignacio Middle School, and Ignacio High School.

Listing Agent

Philip Schoon

Keller Williams Realty Southwest Associates, LLC Listed on: 10/10/2025

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1973

Lot Details

  • 0.44 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 5,760 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

  • Ignacio K-6 Elementary School
  • Ignacio 7-8 Middle School
  • Ignacio 9-12 High School

Listing and Financial Details

  • Assessor Parcel Number 595508307005

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,590

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Estimated Total Acres: 0.44
  • Class: Multifamily
  • Em Deposit: 15,000
  • Em Holder: title company
  • Legal Lot Block: Subdivision: HALLS FIRST (IGN) Block: 14 Lot: 22 THRU:- Lot: 25 HALLS 1ST ADD 470 BURNS AVE #6 460 BURNS AVE #5 450 BURNS AVE #4 440 BURNS AVE #3 430 BURNS AVE #2 420 BURNS AVE #1 IGNACIO 81137
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 595508307005
  • Price Per Sq Ft: 124.13
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Street Descriptionaccess: City/Town, Dirt
  • Tax Account Id: R001930
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water
  • Landlord Pays: Building Insurance, Real Estate Taxes, Site Maintenance (Prop), Gas, Water/Sewer, Trash, Snow Removal
  • Multi Story: Yes
  • Total Number Electric Meters: 6
  • Total Number Gas Meters: 1
  • Total Number Water Meters: 1
  • Type: Apartment Bldg.
  • Total Taxes Dollar: 1,590.04
  • Year Built: 1973
  • Prop Description Remarks: 470 Burns Ave., in Ignacio, Colorado, just 20 minutes south of Durango, is a stable multi family, income producing property. The property has six, two bedroom, one and one-half bath, 960 SF units. The apartment is centrally located in Ignacio and walking distance to schools, grocery store, restaurants, and more. Ignacio is the headquarters of the Southern Ute Indian Tribe which is currently the largest employer in La Plata County, and a multi faceted enterprise generating millions of dollars each year for La Plata and Archuleta Counties. Ignacio, and specifically 470 Burns Ave., offers affordable housing solutions for locals and their families. Operating at nearly 100% occupancy, 12 months out of the year, 470 Burns is a very stable investment opportunity offering an nearly 6.6% cap rate, making it a compelling investment alternative to treasury bonds or stocks. If interested, call your preferred local realtor for more information.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 5760
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 12
  • Total Office Den: 0

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking: On Street

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Town of Ignacio
  • Water Supplier: Town of Ignacio

Schools

  • High School: Ignacio 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 6

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Ignacio K-6
  • Middle School: Ignacio 7-8

Map

Range of Values:

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Value Increase
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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 List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Sale $715,000 -- $124 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 829165

Colorado Real Estate Network (CREN)
Colorado La Plata County Ignacio 81137

470 Burns Ave, Ignacio, CO

For Sale

MultiFamily

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Philip Schoon
Listing Agent
Philip Schoon
Section Image
Keller Williams Realty Southwest Associates, LLC
(970) 514-6044