$850,000
SOLD MAR 5, 2026
6 Beds
4 Baths
2,132 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$399 Per Sq Ft

5% Below List Price

217 Days on Market

About This Home

As of March 2026

This home is located at 853 E College Dr, Durango, CO 81301 and is currently priced at $850,000, approximately $398 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.

Last Agent to Sell the Property

Mike McAliney

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

Last Buyer's Agent

Jarrod Nixon

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

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

  • Tenant pays for electric, gas, water/sewer, trash
  • 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

8,712 Sq Ft Lot

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: 398.69
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 398.69
  • 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

  • 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
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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
03/05/2026 03/05/26 Sold $850,000 -5.0% $399 / Sq Ft
01/06/2026 01/06/26 Pending -- -- --
06/03/2025 06/03/25 For Sale $895,000 -- $420 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,663 $36,180 $15,520 $20,660
2024 $1,415 $35,210 $15,060 $20,150
2023 $1,415 $38,250 $16,360 $21,890
2022 $1,477 $39,470 $16,880 $22,590
2021 $1,516 $38,190 $14,320 $23,870
2020 $1,437 $37,390 $14,320 $23,070
2019 $1,375 $37,390 $14,320 $23,070
2018 $1,372 $37,770 $14,420 $23,350
2017 $1,341 $37,770 $14,420 $23,350
2016 $1,308 $40,120 $15,160 $24,960
2015 $1,225 $40,120 $15,160 $24,960
2014 -- $33,210 $14,570 $18,640
2013 -- $33,210 $14,630 $18,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 824970

Colorado Real Estate Network (CREN)

APN: 5665-294-00-017

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