3226 & 3228 W 4th Ave, Durango, CO 81301
3226 & 3228 W 4th Ave, Durango, CO 81301
3226 & 3228 W 4th Ave, Durango, CO 81301
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Ashley Blackmore

Ashley Blackmore

+1(970) 903-7477
$1,050,000
Est. payment /mo
7 Beds
7 Baths
3,888 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,888 sqft

Price per Sqft $270

Subdivision Animas City

MLS Listing ID 835962

Style Contemporary

Bedrooms 7

Half Baths 2

Three Quarter Bath 5

Year Built 1981

Annual Tax Amount $3,334

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS: Opportunities to acquire a cash-flowing, turn-key multifamily asset with gross income of $6,400 per month ($3,600/mo North Unit; $2,800/mo South Unit) are increasingly rare in-town. This well-maintained duplex features no HOA restrictions, long term or 30-day minimum rental for maximum strategy flexibility, and a $50,000 capital improvement upgrade in 2024 that includes new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, and upgraded appliances (new dishwashers, refrigerator, and dryer). Boasting low CapEx risk, the property also features new main roofs from 2019 and new carport roofs from 2024. The expansive 2,448 sq ft North Unit (4 BR/3.5 BA with a 2004 addition) and the highly rentable 1,440 sq ft South Unit (3 BR/2.5 BA) both enjoy east-facing decks with sweeping Animas River Valley views, a shared view-centric backyard with views of the mountains, dedicated carport parking, and outdoor storage sheds. Situated in a premier, zero-vacancy location just half a block from the Animas Mountain Trailhead, three blocks from the Animas River, a few blocks to North City Market, and a short drive to downtown Durango, Ft. Lewis College, Purgatory Ski Resort, this asset is primed for flexible investment options. Both units are leased Aug 1, 2026 - May 31, 2027.

Location

State CO

County La Plata

Zoning Residential Multi Family

Rooms

Basement Stemwall, Crawl Space

Dining Room Kitchen Bar, Living Room Dining

Interior

Flooring Carpet, Linoleum, Vinyl

Inclusions Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range/Oven

Furnishings Unfurnished

Exterior

View Mountains, Valley

Roof Type Metal

Building

Story Two Story

Foundation Stemwall, Crawl Space

Sewer City Sewer, City Water

Water City Sewer, City Water

New Construction No

Schools

Elementary Schools Needham K-5

Middle Schools Miller 6-8

High Schools Durango 9-12

Others

Virtual Tour https://www.zillow.com/homedetails/3226-W-4th-Ave-Durango-CO-81301/69055715_zpid/?imxlb=t,0

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Colorado Real Estate Network (CREN) + Sold
Listed by Legacy Properties West Sotheby's Int. Realty

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3226 & 3228 W 4th Ave

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Ashley Blackmore

+1(970) 903-7477

ashley@homesforsaledurango.com

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