610 E 3rd Ave

Durango, CO 81301

$1,850,000
Price
9
Beds
5,069 Sq. Ft.
$365 / Sq. Ft.
5,069
Sq. Ft.
$365
per Sq. Ft.

Description

Offered at $1,850,000 with a 6% cap rate, this is a rare opportunity to own a six-unit multi-family investment property in the heart of downtown Durango. The property consists of a Victorian main home (built in 1895) featuring two apartments and a full 1300 SF basement plus a detached 4-plex (built in 1992) with a three-car garage and community laundry room. Each unit offers on-site parking, with a total of 7 dedicated parking spaces for tenant convenience. The property will bring in $11,100 in monthly...Offered at $1,850,000 with a 6% cap rate, this is a rare opportunity to own a six-unit multi-family investment property in the heart of downtown Durango. The property consists of a Victorian main home (built in 1895) featuring two apartments and a full 1300 SF basement plus a detached 4-plex (built in 1992) with a three-car garage and community laundry room. Each unit offers on-site parking, with a total of 7 dedicated parking spaces for tenant convenience. The property will bring in $11,100 in monthly income including rent from the 3 car garage and has benefited from recent capital improvements, including a new roof on the four-flex, HVAC systems, gas lines, and sewer updates. With MU-N mixed-use zoning and an unbeatable downtown location close to shops, restaurants, and public transit, this investment offers strong rental performance and excellent long-term flexibility. Perfect for a 1031 exchange or investor looking for an optimally located building. Zoning is MU-N Mixed Use. Per the City Planning Department, a business may be operated out of the property. Buyer to confirm requirements with the City. This is also in the Opportunity Zone. The parcel is a large double lot - hard to find in Durango!
  1. Listed by Katie Sturm • Legacy Properties West Sotheby's Int. Realty

Property Details for 610 East 3rd Avenue

Water Front
No
Zoning
Residential Multi Family
Views
Mountains
Subdv Name
None
LISTING UPDATED: 12/28/2025 09:16 AM

Property Details for 610 East 3rd Avenue

StatusActive
MLS #829388
Days on Market89
Taxes$3,533 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Sixplex
Year Built1895
Lot Size0.25 AC / 10,890 SF
CountyLa Plata County

Location

Listing Courtesy of Legacy Properties West Sotheby's Int. Realty, Katie Sturm
Add your commute

Building Information for 610 East 3rd Avenue

Stories2Residences6Year Built1895Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$9,311 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,017

Property Taxes

$294

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 610 East 3rd Avenue

Summary
Location and General Information
  • Year Remodeled: 2022
  • Directions: corner of 3rd Ave and College
  • Fronts: 3rd Ave "Boulevard"
Parking
  • Carport Y/N: No
  • Garage Type: Attached Garage
  • Garage Capacity: 3
  • Garage Y/N: Yes
  • Parking Spaces: 7
  • PARKING: 2-10 Total Spaces, Paved
School Information
  • Elementary School: Park K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
Taxes and HOA Information
  • Tax Account ID: R001357
  • HOA Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 3533
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Subdivision: DURANGO, CITY OF Block: 33 Lot: 24 THRU:- Lot: 26 DGO 610 E 3RD AVE DURANGO 81301
  • Photo Count: 43
  • New Construction Y/N: No
  • Disclosures: Lead Base Paint, Pets Allowed, Seller's Prop Disclosure
  • 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
  • Lot Dimension: .258
  • Parcel ID #: 5.66529303011E11
  • SqFt Source: iTax
  • Elevation: 6415
  • Property Description: Corner
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: 1
  • Domestic Water/Sewer: City Water
  • Metered: Metered for Electricity, Metered for Gas, Metered for Water
  • Water Well: No
Multi Family
Multi-Family Information
  • Multi Story: Yes
  • # of Units: 6
  • Residence Stories: Two Story
  • Property Mngr: Harmony Property Mgmt
Income & Expenses Information
  • Gross Scheduled Income $: $133,200.00
  • Cap Rate Percent: 6.00%
  • Vacancy Factor Prcnt: .00%
  • Net Operating Income $: $111,961.00
  • Gross Annual Expenses $: $21,239.00
Unit 1 Information
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Baths: 1
  • Unit 1 Monthly Rent$: 2100
  • Unit 1 Square Feet: 1360.0
Unit 2 Information
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 1
  • Unit 2 Monthly Rent$: 1800
  • Unit 2 Square Feet: 1340.0
Unit 3 Information
  • Unit 3 # Bedrooms: 1
  • Unit 3 # Baths: 1
  • Unit 3 Monthly Rent$: 1650
  • Unit 3 Square Feet: 640.0
Unit 4 Information
  • Unit 4 # Bedrooms: 2
  • Unit 4 # Baths: 1
  • Unit 4 Monthly Rent$: 1750
  • Unit 4 Square Feet: 702.0
Unit 5 Information
  • Unit 5 # Bedrooms: 1
  • Unit 5 # Baths: 1
  • Unit 5 Monthly Rent$: 1600
  • Unit 5 Square Feet: 604.0
Unit 6 Information
  • Unit 6 # Bedrooms: 1
  • Unit 6 # Baths: 1
  • Unit 6 Monthly Rent$: 1500
  • Unit 6 Square Feet: 525.0
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 6
  • 1/4 Baths: 0
  • Total Baths: 6.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Bsmt SF: 1300
  • Florring: Carpet, Laminate, Tile
  • Appliance Inclusions: Dryer, Range/Oven, Refrigerator, Washer
Exterior Features
  • Horse Setup: No
  • Residence Style: Victorian
  • Roof: Composition, Metal
  • Siding: Stucco
Rental
Rental Information
  • TENANT PAYS: Electric, Gas, Water/Sewer
  • Landlord Pays: Building Insurance, Common Area Maintenance, Real Estate Taxes, Site Maintenance (Prop), Snow Removal

Property History for 610 East 3rd Avenue

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Listed (Active)

CRENMLS #829388

—
Dec 3, 2025

Pending

CRENMLS #829388

—
Oct 20, 2025

Listed (Active)

CRENMLS #829388

$1,850,000—
Oct 9, 2025

Withdrawn

CRENMLS #826671

—
Sep 17, 2025

Price Change

CRENMLS #826671

$2,245,000—
Jul 17, 2025

Price Change

CRENMLS #826671

$2,395,000—
Jul 17, 2025

Listed (Active)

CRENMLS #826671

$2,245,000—
Sep 23, 2021

Sold (Public Record)

Public Record #1472878934

$1,125,000

+5.4% / yr

Aug 31, 2020

Withdrawn

CRENMLS #766873

—
Feb 24, 2020

Listed (Active)

CRENMLS #766873

$1,295,000—
Jul 1, 2019

Sold (Public Record)

Public Record #647714008

$1,000,000—
DateEvent & SourcePrice
12/17/2025

Listed (Active)

CRENMLS #829388

—
12/03/2025

Pending

CRENMLS #829388

—
10/20/2025

Listed (Active)

CRENMLS #829388

$1,850,000
10/09/2025

Withdrawn

CRENMLS #826671

—
09/17/2025

Price Change

CRENMLS #826671

$2,245,000
07/17/2025

Price Change

CRENMLS #826671

$2,395,000
07/17/2025

Listed (Active)

CRENMLS #826671

$2,245,000
09/23/2021

Sold (Public Record)

Public Record #1472878934

$1,125,000

+5.4% / yr

08/31/2020

Withdrawn

CRENMLS #766873

—
02/24/2020

Listed (Active)

CRENMLS #766873

$1,295,000
07/01/2019

Sold (Public Record)

Public Record #647714008

$1,000,000

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

Public Records for 610 East 3rd Avenue

Taxable ValueLand$12,680Additions$56,630Total$69,310
Tax Record2024$3,340 ($278 / month)
Home Facts
Total Finished SqFt2,765 SqFtAbove Grade Finished SqFt2,765 SqFtStories2Lot Size11,238 SqFtStyleMulti-Family Dwelling (2-4)Year Built1895CountyLA PLATAAPN5665-293-03-011

Schools near 610 East 3rd Avenue

This home is within Durango 9-R School District.
Rating
School
Type
Grades
Distance
Park Elementary School
Public - PK to 5
Escalante Middle School
Public - 6 to 8
Durango High School
Public - 9 to 12
Robert Denier Youth Services Center
Public - 5 to 12
Rating
School
Distance
Park Elementary School
PublicPK to 5

Escalante Middle School
Public6 to 8

Durango High School
Public9 to 12

Robert Denier Youth Services Center
Public5 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

Similar Sold Homes

Explore Nearby Homes

More information about 610 East 3rd Avenue, Durango, CO 81301

610 East 3rd Avenue is a multi-family home for sale in Durango, CO 81301. This property was listed for sale on October 21, 2025 by Legacy Properties West Sotheby's Int. Realty, it's currently listed at $1,850,000. It has been on the market for a total of 89 days and was last sold on September 23, 2021. This listing's school district is Durango 9-R School District. Nearby schools include Park Elementary School, Escalante Middle School and Durango High School. 610 East 3rd Avenue is a 9-bed, 6-bath, 5,069 sqft multi-family home built in 1895.

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 Legacy Properties West Sotheby's Int. Realty, Katie Sturm

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.