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2091 Locust Road, Montrose, CO 81401

Montrose
Local realty services provided by:CENTURY 21 CapRock Real Estate
2091 Locust Road,Montrose, CO 81401
$1,099,000
  • - Beds
  • - Baths
  • 4,903 sq. ft.
  • Multi-family
  • Active
Listed by: colleen aller
Office: keller williams realty southwest associates, llc. - montrose970-596-0870
MLS#:828244
Source:CO_CREN

Price summary

  • Price:$1,099,000
  • Price per sq. ft.:$224.15

About this home

Discover a rare multifamily investment opportunity in the heart of Montrose, Colorado. 2091 Locust Drive is a well-maintained property zoned R-4 High Density Residential, the city’s most flexible residential designation, which allows for a wide range of multifamily uses and provides significant long-term development potential. This property currently features multiple rental units with established tenancy, offering stable cash flow from day one. Each unit is thoughtfully designed with private entrances, functional floorplans, and the convenience of off-street parking. The layout supports tenant privacy and easy living while allowing for efficient management. With Montrose’s strong demand for rental housing, this asset is well-positioned to remain a consistent performer in an increasingly supply-constrained market. The location is one of the property’s strongest features. Tenants benefit from a central setting just minutes from downtown Montrose, Montrose Regional Airport, schools,...

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Home facts

  • Year built:1932
  • Subdivision & Development:Other
  • Listing ID #:828244
  • Added:341 day(s) ago
  • Updated:August 08, 2026 at 02:15 PM

Rooms and interior

  • Living area:4,903 sq. ft.

Structure and exterior

  • Year built:1932
  • Building area:4,903 sq. ft.
  • Lot area:2.54 Acres

Schools

  • High school:Montrose 9-12
  • Middle school:Centennial 6-8
  • Elementary school:Pomona K-5

Finances and disclosures

  • Price:$1,099,000
  • Price per sq. ft.:$224.15

Features and amenities

  • Amenities:Unfurnished
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