3226 & 3228 W 4th Ave, Durango, CO 81301
Local realty services provided by:CENTURY 21 CapRock Real Estate
Listed by: katie sturmC: 970-799-3975
Office: legacy properties west sotheby's int. realty970-624-0444
MLS#:835962
Source:CO_CREN
Price summary
- Price:$1,050,000
- Price per sq. ft.:$270.06
About this home
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....
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Home facts
- Year built:1981
- Subdivision & Development:Animas City
- Listing ID #:835962
- Added:46 day(s) ago
- Updated:July 30, 2026 at 02:19 PM
Rooms and interior
- Total bathrooms:7
- Half bathrooms:2
- Flooring:Carpet, Linoleum, Vinyl
- Dining Description:Kitchen Bar, Living Room Dining
- Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Microwave, Range/Oven
- Basement Description:Crawl Space
- Living area:3,888 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:1981
- Building area:3,888 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Cul-De-Sac
- Architectural Style:Contemporary
- Construction Materials:Masonite
- Foundation Description:Crawl Space, Stemwall
- Levels:2 Story
Schools
- High school:Durango 9-12
- Middle school:Miller 6-8
- Elementary school:Needham K-5
Utilities
- Water:City Water
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$270.06
- Tax amount:$3,334
Features and amenities
- Laundry features:Dryer
- Amenities:Unfurnished
Parking
- Carport spaces:6
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