232 Main Street, Ouray, CO 81427

Local realty services provided by:CENTURY 21 West Slope Realty
232 Main Street,Ouray, CO 81427
$1,695,000
  • - Beds
  • 5 Baths
  • 3,408 sq. ft.
  • Multi-family
  • Active
Listed by: lee ann parden, sharon wildleeannbroker@gmail.com
Office: wild west realty, llc.970-325-6651
MLS#:839303
Source:CO_CREN

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$497.36

About this home

Exceptional investment opportunity that has it all: LOCATION, CAP RATE of 7%, and EXEMPTION from City's STR rules/guidelines/STR taxes - all due to its zoning! Situated on Main St in the heart of beautiful Ouray Colorado, otherwise known as the Switzerland of America, this turn key property has 5 separate fully remodeled 1 bedroom, 1 bath apartments. Currently being operated as an STR with an attractive return on investment , the property also has the opportunity to be long term rentals or a residence. With its expansive upper balcony, it boasts some of the "best seats in the house" for magical mountain views and the renowned City of Ouray's fireworks shows on July 4th and NYE. All current bookings can transfer with a sale, providing a new owner with income from Day 1. Come explore this one of a kind opportunity!

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Home facts

  • Year built:1888
  • Subdivision & Development:Other
  • Listing ID #:839303
  • Added:127 day(s) ago
  • Updated:October 22, 2026 at 02:19 PM

Rooms and interior

  • Total bathrooms:5
  • Dining Description:Living Room Dining
  • Kitchen Description:Range/Oven, Refrigerator
  • Basement Description:Finished, Walk Out
  • Living area:3,408 sq. ft.

Structure and exterior

  • Roof:Architectural Shingles
  • Year built:1888
  • Building area:3,408 sq. ft.
  • Lot area:0.1 Acres
  • Levels: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:$1,695,000
  • Price per sq. ft.:$497.36

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:Unfurnished

Parking

  • Parking description:Detached Garage
  • Garage spaces:2
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