470 Burns Ave

Ignacio, CO 81137

$715,000
Price
—
Beds
5,760 Sq. Ft.
$124 / Sq. Ft.
5,760
Sq. Ft.
$124
per Sq. Ft.
a car parked in front of a house
a view of a house with backyard and sitting area
a front view of a house with a yard
a view of a dining room with furniture and chandelier
a view of a dining room with furniture and wooden floor
a living room with furniture fireplace and a large window
a living room with furniture and a flat screen tv
a living room with furniture and a fireplace
a living room with furniture and a flat screen tv
a view of storage and utility room with toys
a utility room with sink washer and dryer
a room with furniture and a book shelf
a store room with lots of different kinds of stuff
a bathroom with a sink a toilet and vanity
a bathroom with a sink a toilet and mirror
a kitchen with a refrigerator stove and microwave
a room with furniture and a book shelf

Description

470 Burns Ave., in Ignacio, Colorado, just 20 minutes south of Durango, is a stable multi family, income producing property. The property has six, two bedroom, one and one-half bath, 960 SF units. The apartment is centrally located in Ignacio and walking distance to schools, grocery store, restaurants, and more. Ignacio is the headquarters of the Southern Ute Indian Tribe which is currently the largest employer in La Plata County, and a multi faceted enterprise generating millions of dollars each...470 Burns Ave., in Ignacio, Colorado, just 20 minutes south of Durango, is a stable multi family, income producing property. The property has six, two bedroom, one and one-half bath, 960 SF units. The apartment is centrally located in Ignacio and walking distance to schools, grocery store, restaurants, and more. Ignacio is the headquarters of the Southern Ute Indian Tribe which is currently the largest employer in La Plata County, and a multi faceted enterprise generating millions of dollars each year for La Plata and Archuleta Counties. Ignacio, and specifically 470 Burns Ave., offers affordable housing solutions for locals and their families. Operating at nearly 100% occupancy, 12 months out of the year, 470 Burns is a very stable investment opportunity offering an nearly 6.6% cap rate, making it a compelling investment alternative to treasury bonds or stocks. If interested, call your preferred local realtor for more information.
  1. Listed by Phil Schoon • Keller Williams Realty Southwest Associates, LLC

Property Details for 470 Burns Avenue

Water Front
No
Zoning
Residential Multi Family
Subdv Name
None
LISTING UPDATED: 12/08/2025 12:04 PM

Property Details for 470 Burns Avenue

StatusActive
MLS #829165
Days on Market116
Taxes$1,590 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Apartment Bldg.
Year Built1973
Lot Size0.44 AC / 19,166 SF
CountyLa Plata County

Location

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC, Phil Schoon
Add your commute

Building Information for 470 Burns Avenue

Stories2Residences6Year Built1973Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$3,617 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,485

Property Taxes

$133

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 470 Burns Avenue

Summary
Location and General Information
  • Directions: Drive to address
Parking
  • Carport Y/N: No
  • Garage Y/N: No
  • PARKING: On Street
School Information
  • Elementary School: Ignacio K-6
  • Middle School: Ignacio 7-8
  • High School: Ignacio 9-12
Taxes and HOA Information
  • Tax Account ID: R001930
  • HOA Y/N: No
  • Tax Year: 2025
  • Total Taxes $: 1590.04
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Subdivision: HALLS FIRST (IGN) Block: 14 Lot: 22 THRU:- Lot: 25 HALLS 1ST ADD 470 BURNS AVE #6 460 BURNS AVE #5 450 BURNS AVE #4 440 BURNS AVE #3 430 BURNS AVE #2 420 BURNS AVE #1 IGNACIO 81137
  • Photo Count: 19
  • New Construction Y/N: No
  • Disclosures: Seller is Licensed Agent
  • Covenants Y/N: NO
  • 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 #: 5.95508307005E11
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
  • Total # Water Meters: 1
  • Total # Gas Meters: 1
  • Total # Electric Meters: 6
  • Domestic Water/Sewer: City Water
  • Water Well: No
Multi Family
Multi-Family Information
  • Multi Story: Yes
  • # of Units: 6
  • Residence Stories: Two Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 6
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 12.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Florring: Carpet, Other, Vinyl
  • Appliance Inclusions: Dishwasher, Disposal, Range/Oven, Refrigerator
Exterior Features
  • Horse Setup: No
  • Residence Style: Other
  • Roof: Metal
  • Siding: Stucco
Rental
Rental Information
  • Landlord Pays: Building Insurance, Gas, Real Estate Taxes, Site Maintenance (Prop), Snow Removal, Trash, Water/Sewer

Property History for 470 Burns Avenue

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Listed (Active)

CRENMLS #829165

$715,000—
Sep 8, 2024

Withdrawn

CRENMLS #817807

—
Sep 6, 2024

Listed (Active)

CRENMLS #817807

$825,000—
Mar 25, 2020

Sold

CRENMLS #765013

$383,150—
Dec 13, 2019

Pending

CRENMLS #765013

—
Dec 2, 2019

Withdrawn

CRENMLS #760960

—
Dec 2, 2019

Listed (Active)

CRENMLS #765013

$449,800—
Jul 23, 2019

Listed (Active)

CRENMLS #760960

$449,800—
Jul 1, 2019

Expired

CRENMLS #746953

—
Jun 20, 2018

Listed (Active)

CRENMLS #746953

$449,800—
DateEvent & SourcePrice
10/09/2025

Listed (Active)

CRENMLS #829165

$715,000
09/08/2024

Withdrawn

CRENMLS #817807

—
09/06/2024

Listed (Active)

CRENMLS #817807

$825,000
03/25/2020

Sold

CRENMLS #765013

$383,150
12/13/2019

Pending

CRENMLS #765013

—
12/02/2019

Withdrawn

CRENMLS #760960

—
12/02/2019

Listed (Active)

CRENMLS #765013

$449,800
07/23/2019

Listed (Active)

CRENMLS #760960

$449,800
07/01/2019

Expired

CRENMLS #746953

—
06/20/2018

Listed (Active)

CRENMLS #746953

$449,800

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

Public Records for 470 Burns Avenue

Taxable ValueLand$2,480Additions$21,350Total$23,830
Tax Record2024$1,460 ($122 / month)
Home Facts
Total Finished SqFt5,760 SqFtAbove Grade Finished SqFt5,760 SqFtStories2Lot Size19,079 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973CountyLA PLATAAPN5955-083-07-005

Schools near 470 Burns Avenue

This home is within Ignacio 11 Jt School District.
Rating
School
Type
Grades
Distance
Ignacio Elementary School
Public - K to 5
Ignacio Junior High School
Public - 6 to 8
Ignacio High School
Public - 9 to 12
Rating
School
Distance
Ignacio Elementary School
PublicK to 5

Ignacio Junior High School
Public6 to 8

Ignacio 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.

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More information about 470 Burns Avenue, Ignacio, CO 81137

470 Burns Avenue is a multi-family home for sale in Ignacio, CO 81137. This property was listed for sale on October 10, 2025 by Keller Williams Realty Southwest Associates, LLC, it's currently listed at $715,000. It has been on the market for a total of 116 days and was last sold on March 25, 2020. This listing's school district is Ignacio 11 Jt School District. Nearby schools include Ignacio Elementary School, Ignacio Junior High School and Ignacio High School. 470 Burns Avenue is a 0-bed, 12-bath, 5,760 sqft multi-family home built in 1973.

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 Keller Williams Realty Southwest Associates, LLC, Phil Schoon

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.