$1,395,000

Estimated payment $7,328/month

Total Views 7,706
4 Beds
4 Baths
1,919 Sq Ft
$727 Price per Sq Ft

About This Home

This home is located at 558 E 4th Ave, Durango, CO 81301 and is currently priced at $1,395,000, approximately $726 per square foot. This property was built in 1915. 558 E 4th Ave is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Listing Agent

Mike McAliney

Harmony Real Estate, LLC Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 4 Bathrooms
  • 1,919 Sq Ft Home
  • 2-Story Property

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Listing and Financial Details

  • The owner pays for building insurance, real estate taxes, ext maintenance (bldg), common area maintenance, snow removal
  • Assessor Parcel Number 566529310005

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $17,818
  • Gross Income $76,100
  • Net Operating Income $58,282

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,790

Year Built

Built in 1915

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Estimated Total Acres: 0.17
  • Class: Multifamily
  • Em Deposit: 10000
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: DURANGO, CITY OF Block: 24 Lot: 17 AND:- Lot: 18 DGO 558 E 4TH AVE DURANGO 81301
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566529310005
  • Price Per Sq Ft: 726.94
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Street Designation: Avenue
  • Tax Account Id: R017306
  • Zoning: Residential Multi Family
  • Cap Rate Percent: 4.2
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas
  • Landlord Pays: Building Insurance, Real Estate Taxes, Ext Maintenance (Bldg), Common Area Maintenance, Snow Removal
  • Multi Story: Yes
  • Type: Fourplex
  • Total Taxes Dollar: 1790.08
  • Year Built: 1915
  • Prop Description Remarks: Excellent location close to downtown and Fort Lewis College. Easy to keep rented. Fenced back yard and some off street parking. Priced at a 4.20% cap rate and $348,750/unit. 2023 and 2024 financials are available. Tenants pay all utilities.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Estimated Total Sq Ft: 1919
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 4
  • Total Bathrooms: 4
  • Total Office Den: 0

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • 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, Gas, Water/Sewer, Trash
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 4
  • Gross Annual Expenses: 17818
  • Gross Scheduled Income: 76100
  • Net Operating Income: 58282

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,600 $34,900 $12,990 $21,910
2024 $1,361 $33,860 $12,560 $21,300
2023 $1,361 $36,900 $13,690 $23,210
2022 $1,444 $38,110 $14,140 $23,970
2021 $1,482 $37,340 $11,990 $25,350
2020 $1,403 $36,500 $11,990 $24,510
2019 $1,342 $36,500 $11,990 $24,510
2018 $1,340 $36,900 $12,080 $24,820
2017 $1,311 $36,900 $12,080 $24,820
2016 $1,279 $39,250 $12,700 $26,550
2015 $1,198 $39,250 $12,700 $26,550
2014 -- $31,960 $12,200 $19,760
2013 -- $31,960 $12,200 $19,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2025 06/03/25 For Sale $1,395,000 -- $727 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 824974

Colorado Real Estate Network (CREN)
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