518 E Georgia Avenue, Gunnison, CO 81230
Local realty services provided by:CENTURY 21 West Slope Realty
518 E Georgia Avenue,Gunnison, CO 81230
$825,000
- - Beds
- 5 Baths
- 3,841 sq. ft.
- Multi-family
- Active
Listed by: brian cooper, christine mitchell
Office: bluebird real estate, llc.
MLS#:829112
Source:CO_CREN
Price summary
- Price:$825,000
- Price per sq. ft.:$214.79
About this home
Welcome to this historic Victorian gem nestled on a generous corner lot adjacent to the picturesque campus of Western Colorado University. This stately residence, proudly facing E Georgia Avenue, is a quintessential Gunnison Victorian, showcasing its timeless elegance and remarkable architecture. Well cared for, it has served as a successful multi-family rental property, boasting a strong rental history and remarkable tenant retention. Spanning three distinct levels, the main house features three individual units, each offering a unique living experience. Should you desire, this property can effortlessly transition into a magnificent primary residence. Outside, you'll find the beauty of mature trees shading the landscape, complemented by an efficient in-ground irrigation system to maintain its lush allure. An elevated deck, complete with finished and heated office or studio space, stands separate from the main house, offering a serene retreat for work or leisure. Convenience and functionality are at the forefront with an attached one-car garage, providing direct access to the main floor one-bedroom residence. This unit showcases a spacious kitchen, inviting living room, and a comfortable primary bedroom, all graced by high ceilings and historic custom woodwork that exude character and charm. A shared entryway and staircase beckons you to explore further, leading to the second-floor two-bedroom unit, followed by a third-floor one-bedroom rental unit. This diversified layout caters to a variety of rental options, making it a versatile investment opportunity. Adjacent to the alley and bordering Western’s campus housing, you'll discover a duplex, offering top and bottom units, along with an attached storage shed and basement access. The exterior of the duplex has been enhanced with new siding and insulation, ensuring year-round comfort. Ample off street parking and storage sheds to provide for the five separate units. This distinguished property stands as a testament to exquisite craftsmanship, featuring handcrafted woodwork and large windows that flood each unit with natural light. The unbeatable location, coupled with in-town living and proximity to the campus, makes it an exceptional investment opportunity in Gunnison. For those seeking more in-depth information, detailed apartment layouts, and financial insights, please do not hesitate to reach out. Experience the charm and grace of this historic Victorian home, where modern living meets timeless elegance....
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Home facts
- Year built:1888
- Listing ID #:829112
- Added:237 day(s) ago
- Updated:June 03, 2026 at 02:14 PM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:4
- Flooring:Carpet, Linoleum, Wood
- Dining Description:Breakfast Nook, Eat-In Kitchen
- Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Microwave, Range/Oven, Refrigerator
- Basement Description:Below Grade, Unfinished
- Living area:3,841 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:1888
- Building area:3,841 sq. ft.
- Lot area:0.24 Acres
- Architectural Style:Victorian
- Construction Materials:Wood
- Levels:2 Story, 3 Story
Schools
- High school:Gunnison High 9-12
- Middle school:Gunnison 6-8
- Elementary school:Gunnison 1-5
Utilities
- Water:City Water
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$214.79
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Unfurnished
Parking
- Parking description:Attached Garage
- Garage spaces:1
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