$895,000

853 E College Dr Durango, CO 81301

The Grid Neighborhood

Estimated payment $5,022/month

Total Views 3,572
6 Beds
4 Baths
2,132 Sq Ft
$420 Price per Sq Ft

About This Home

This home is located at 853 E College Dr, Durango, CO 81301 and is currently priced at $895,000, approximately $419 per square foot. This property was built in 1907. 853 E College Dr 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

  • $1,856

Year Built

  • Built in 1907

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2,132 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 566529400017

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $20,214
  • Gross Income $69,741
  • Net Operating Income $49,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.2
  • Class: Multifamily
  • Em Deposit: 10000
  • Em Holder: Title Company
  • Legal Lot Block: Section: 29 Township: 35 Range: 6 TR IN N/2 SE/4 853 E COLLEGE DR DURANGO 81301
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566529400017
  • Price Per Sq Ft: 419.79
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Street Designation: Drive
  • Tax Account Id: R010793
  • Zoning: Residential Multi Family
  • Cap Rate Percent: 5.5
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Electric Baseboard, Forced Air
  • Landlord Pays: Building Insurance, Real Estate Taxes, Ext Maintenance (Bldg), Common Area Maintenance, Snow Removal
  • Multi Story: Yes
  • Property Mngr: Yes
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Water Meters: 1
  • Type: Fourplex
  • Total Taxes Dollar: 1855.60
  • Year Built: 1907
  • 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 5.50% cap rate and $223,750/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: 2132
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 3
  • Total Bathrooms: 4
  • Total Office Den: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • 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: 20214
  • Gross Scheduled Income: 69741
  • Net Operating Income: 49527

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 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 Change Sq Ft Price
06/03/2025 06/03/25 For Sale $895,000 -- $420 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Similar Home in Durango, CO

See All Homes in Durango

Source: Colorado Real Estate Network (CREN)

MLS Number: 824970

Colorado Real Estate Network (CREN)

APN: 5665-294-00-017

Colorado La Plata County Durango 81301 The Grid

853 E College Dr, Durango, CO

This home is located at 853 E College Dr, Durango, CO 81301 and is currently priced at $895,000, approximately $419 per square foot. This property was built in 1907. 853 E College Dr is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Mike McAliney
Section Image
Harmony Real Estate, LLC
(970) 638-8412