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470 Burns Ave., Ignacio, CO 81137

Ignacio
Local realty services provided by:CENTURY 21 West Slope Realty
470 Burns Ave.,Ignacio, CO 81137
$689,000
  • - Beds
  • 12 Baths
  • 5,760 sq. ft.
  • Multi-family
  • Active
Listed by: phil schoon
Office: keller williams realty southwest associates, llc.
MLS#:829165
Source:CO_CREN

Price summary

  • Price:$689,000
  • Price per sq. ft.:$119.62

About this home

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.

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Home facts

  • Year built:1973
  • Listing ID #:829165
  • Added:633 day(s) ago
  • Updated:June 03, 2026 at 02:14 PM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:6
  • Half bathrooms:6
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Dishwasher, Disposal, Range/Oven, Refrigerator
  • Living area:5,760 sq. ft.

Structure and exterior

  • Roof:Metal
  • Year built:1973
  • Building area:5,760 sq. ft.
  • Lot area:0.44 Acres
  • Construction Materials:Stucco
  • Levels:2 Story

Schools

  • High school:Ignacio 9-12
  • Middle school:Ignacio 7-8
  • Elementary school:Ignacio K-6

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$689,000
  • Price per sq. ft.:$119.62

Features and amenities

  • Amenities:Unfurnished
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