$1,850,000

610 E 3rd Ave Durango, CO 81301

The Grid Neighborhood

Estimated payment $9,987/month

Total Views 2,353
9 Beds
6 Baths
5,069 Sq Ft
$365 Price per Sq Ft

Highlights

  • Mountain View
  • Victorian Architecture
  • 3 Car Attached Garage
  • Park Elementary School Rated A-
  • Corner Lot
  • Tile Flooring

About This Home

This home is located at 610 E 3rd Ave, Durango, CO 81301 and is currently priced at $1,850,000, approximately $364 per square foot. This property was built in 1895. 610 E 3rd 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

Katie Sturm

Legacy Properties West Sotheby's Int. Realty Listed on: 10/21/2025

Legacy Properties West Sotheby's Int. Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 1895 | Remodeled in 2022

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Home Design

  • Victorian Architecture
  • Property Attached
  • Composition Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 6 Bathrooms
  • 5,069 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • 2 - 10 Parking Spaces

Schools

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

Listing and Financial Details

  • The owner pays for building insurance, real estate taxes, site maintenance (prop), common area maintenance, snow removal
  • Assessor Parcel Number 566529303011

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $21,239
  • Gross Income $133,200
  • Net Operating Income $111,961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,533

Year Built

Built in 1895 | Remodeled in 2022

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.25
  • Class: Multifamily
  • Em Deposit: 50000
  • Em Holder: Title Durango
  • Fronts: 3rd Ave "Boulevard"
  • Legal Lot Block: Subdivision: DURANGO, CITY OF Block: 33 Lot: 24 THRU:- Lot: 26 DGO 610 E 3RD AVE DURANGO 81301
  • Lot Dimension: .258
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566529303011
  • Price Per Sq Ft: 364.96
  • Property Attached: Yes
  • Property Description: Corner
  • Residence Stories: Two Story
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Street Descriptionaccess: City/Town, Paved, 150'+ Frontage
  • Street Designation: Avenue
  • Tax Account Id: R001357
  • Zoning: Residential Multi Family
  • Cap Rate Percent: 6
  • Domestic Water Sewer: City Water
  • Landlord Pays: Building Insurance, Real Estate Taxes, Site Maintenance (Prop), Common Area Maintenance, Snow Removal
  • Metered: Metered for Gas, Metered for Electricity, Metered for Water
  • Multi Story: Yes
  • Property Mngr: Harmony Property Mgmt
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Water Meters: 1
  • Type: Sixplex
  • Total Taxes Dollar: 3533
  • Year Built: 1895
  • Year Renovated: 2022
  • Prop Description Remarks: Offered at $1,850,000 with a 6% cap rate, this is a rare opportunity to own a six-unit multi-family investment property in the heart of downtown Durango. The property consists of a Victorian main home (built in 1895) featuring two apartments and a full 1300 SF basement plus a detached 4-plex (built in 1992) with a three-car garage and community laundry room. Each unit offers on-site parking, with a total of 7 dedicated parking spaces for tenant convenience. The property will bring in $11,100 in monthly income including rent from the 3 car garage and has benefited from recent capital improvements, including a new roof on the four-flex, HVAC systems, gas lines, and sewer updates. With MU-N mixed-use zoning and an unbeatable downtown location close to shops, restaurants, and public transit, this investment offers strong rental performance and excellent long-term flexibility. Perfect for a 1031 exchange or investor looking for an optimally located building. Zoning is MU-N Mixed Use. Per the City Planning Department, a business may be operated out of the property. Buyer to confirm requirements with the City. This is also in the Opportunity Zone. The parcel is a large double lot - hard to find in Durango!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Carpet, Tile, Laminate
  • Estimated Total Sq Ft: 5069
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 6
  • Total Bathrooms: 6
  • Total Office Den: 0

Exterior Features

  • Roof: Metal, Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Parking Spaces: 7
  • Garage Capacity: 3
  • Parking: Paved, 2-10 Total Spaces

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
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 6
  • Gross Annual Expenses: 21239
  • Gross Scheduled Income: 133200
  • Net Operating Income: 111961

Tax Info

  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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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
12/18/2025 12/18/25 For Sale $1,850,000 0.0% $365 / Sq Ft
12/04/2025 12/04/25 Pending -- -- --
10/21/2025 10/21/25 For Sale $1,850,000 -- $365 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 829388

Colorado Real Estate Network (CREN)

APN: 5665-293-03-011

Colorado La Plata County Durango 81301 The Grid

610 E 3rd Ave, Durango, CO

For Sale

MultiFamily

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Katie Sturm
Listing Agent
Katie Sturm
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Legacy Properties West Sotheby's Int. Realty
(970) 540-5342