115, 117 & 119 7th Avenue, Ouray, CO 81427
Local realty services provided by:CENTURY 21 CapRock Real Estate
115, 117 & 119 7th Avenue,Ouray, CO 81427
$2,400,000
- - Beds
- 5 Baths
- 4,285 sq. ft.
- Multi-family
- Active
Listed by: jason raibleC: 970-729-0720
Office: liv sotheby's international realty - telluride970-728-1404
MLS#:831757
Source:CO_CREN
Price summary
- Price:$2,400,000
- Price per sq. ft.:$560.09
About this home
Rare residential Triplex in the heart of beautiful downtown Ouray, Colorado. Three Residences. One extraordinary gated compound. Immediate cash flow with proven rental income, strong appreciation potential in downtown Ouray, and multiple exit strategies for investors. $116k gross short-term rental revenue in 2025. Mission Rock Triplex is composed of TWO spacious 3 bedroom / 2 bathroom units in an up/down duplex format, PLUS a charming historic (c.1900) free-standing Cottage. The upper 3-bedroom has vaulted ceilings and south facing windows and deck looking at Mt. Abrams. Outside of the office loft, all livable square footage is on one level. At over 2000 livable square feet, the street level 3-bedroom is larger than many houses in town. All livable square footage is on one level, Flexible use scenarios exist for the new owner. Sell off individual units and charge those owners HOA dues. Rent the units (short or long term) in a variety of configurations. Estate plan to deed individual units to family members. Or keep the whole thing for private use. Today all 3 units are active Short-Term Rentals with STR Licenses from the City of Ouray with actual rental histories on file -- inquire for details with Broker. The Mission Rock is a complete renovation and historic adaption of one of Ouray's early single-family homes with appurtenant guest house. The original stone walls of the house and the guest house are in use today. The up/down duplex could be refashioned into a 6 bedroom / 4 bathroom single-family house of over 3500 livable square feet. 117 7th Avenue is street-level 3 bed / 2 bath / 2070 s.f. livable with a welcoming west facing porch. 119 7th Avenue is upper-level vaulted ceiling 3 bed / 2 bath / 1 office loft with a deck / 1454 s.f. livable. 115 7th Avenue is the historic 1 bed / 1 bath / 1 loft / 761 s.f. livable Cottage. Premier gated 8200 s.f. corner lot with stone walls. Call/text/email today to learn more about Mission Rock....
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Home facts
- Year built:1900
- Subdivision & Development:Other
- Listing ID #:831757
- Added:162 day(s) ago
- Updated:July 30, 2026 at 02:19 PM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:2
- Flooring:Carpet, Stained/Stamped Concrete, Tile
- Living area:4,285 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:1900
- Building area:4,285 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Boundaries Surveyed
- Architectural Style:Victorian
- Construction Materials:Stone, Wood
- Foundation Description:Concrete, Rock and Mortar
- Levels:1 Story, 2 Story
Schools
- High school:Ouray 9-12
- Middle school:Ouray 7-8
- Elementary school:Ouray K-6
Utilities
- Water:City Water
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$560.09
- Tax amount:$8,487
Features and amenities
- Amenities:Furnished
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