129-131 Loretta Ct

$850,000
Price
4
Beds
1,952 Sq. Ft.
$435 / Sq. Ft.
1,952
Sq. Ft.
$435
per Sq. Ft.

Description

Investment opportunity! Fantastic in-town duplex in picturesque Ouray, Colorado. Located on a large lot and offering 2 bedrooms and 2 bathrooms in each unit, large front porches, laundry rooms, as well as generous parking and incredible views. Unit 131 features a tastefully updated kitchen and bathrooms as well as a spacious living room with ample light coming in the large windows. Live on one side and rent out the other or rent out both units. Due to the current zoning and the size of this lot,...Investment opportunity! Fantastic in-town duplex in picturesque Ouray, Colorado. Located on a large lot and offering 2 bedrooms and 2 bathrooms in each unit, large front porches, laundry rooms, as well as generous parking and incredible views. Unit 131 features a tastefully updated kitchen and bathrooms as well as a spacious living room with ample light coming in the large windows. Live on one side and rent out the other or rent out both units. Due to the current zoning and the size of this lot, it should be large enough to add a third unit - buyer to verify this information with the City of Ouray as part of their due diligence. Ouray is a one of a kind mountain town and the perfect basecamp for all of your outdoor adventures year round.
  1. Listed by Katherine Maureen O'Leary • The Wells Group of Durango, LLC

Property Details for 129-131 Loretta Court

Water Front
No
Zoning
Residential Multi Family
Views
Mountains
Subdv Name
Other
LISTING UPDATED: 11/09/2025 12:39 AM

Property Details for 129-131 Loretta Court

StatusActive
MLS #829765
Days on Market47
Taxes$3,132 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Duplex
Year Built1972
Lot Size0.32 AC / 13,939 SF
CountyOuray County

Location

Listing Courtesy of The Wells Group of Durango, LLC, Katherine Maureen O'Leary
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Building Information for 129-131 Loretta Court

Stories1Residences2Year Built1972Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$4,461 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,200

Property Taxes

$261

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129-131 Loretta Court

Summary
Location and General Information
  • Directions: From downtown Ouray, travel north on Highway 550 and turn right on Loretta Court and the property is on your right.
Parking
  • Carport Y/N: No
  • Garage Y/N: No
  • Parking Spaces: 4
  • PARKING: 2-10 Total Spaces
School Information
  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8
  • High School: Ouray 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2025
  • Total Taxes $: 3131.58
Virtual Tour
Property
Property and Assessments
  • FIPS Code: 08091
  • Legal/Lot Block: Elkhorn Estates Lot: 8 S: 30 T: 44 R: 7
  • Photo Count: 44
  • New Construction Y/N: No
  • Covenants Y/N: YES
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: Less than 1/2
  • Parcel ID #: 4.51530207008E11
  • SqFt Source: Assessor
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Domestic Water/Sewer: City Water
  • Water Well: No
Multi Family
Multi-Family Information
  • Multi Story: No
  • # of Units: 2
  • Residence Stories: One Story
Unit 1 Information
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Baths: 2
Unit 2 Information
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 2
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Baths: 4.00
  • Primary Bedroom: Main Level
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Furnished
  • Foundation/ Basement: Crawl Space
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
Exterior Features
  • Horse Setup: No

Property History for 129-131 Loretta Court

DateEvent & SourcePriceAppreciation
Nov 11, 2025

Withdrawn

CRENMLS #829764

—
Nov 4, 2025

Listed (Active)

CRENMLS #829764

$850,000—
Nov 4, 2025

Listed (Active)

CRENMLS #829765

$850,000—
Jul 20, 2016

Sold

CRENMLS #720211

$244,000—
Jun 30, 2016

Pending

CRENMLS #720211

—
Jun 8, 2016

Listed (Active)

CRENMLS #720211

$279,000—
DateEvent & SourcePrice
11/11/2025

Withdrawn

CRENMLS #829764

—
11/04/2025

Listed (Active)

CRENMLS #829764

$850,000
11/04/2025

Listed (Active)

CRENMLS #829765

$850,000
07/20/2016

Sold

CRENMLS #720211

$244,000
06/30/2016

Pending

CRENMLS #720211

—
06/08/2016

Listed (Active)

CRENMLS #720211

$279,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 129-131 Loretta Court

This home is within Ouray R-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Ouray Elementary School
PublicPK to 4

Ouray Middle School
Public5 to 8

Ouray Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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129-131 Loretta Court is a multi-family home for sale in Ouray, CO 81427. This property was listed for sale on November 5, 2025 by The Wells Group of Durango, LLC, it's currently listed at $850,000. It has been on the market for a total of 47 days and was last sold on July 20, 2016. This listing's school district is Ouray R-1 School District. Nearby schools include Ouray Elementary School, Ouray Middle School and Ouray Senior High School. 129-131 Loretta Court is a 4-bed, 4-bath, 1,952 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Wells Group of Durango, LLC, Katherine Maureen O'Leary

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.