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298 Park Ave, Pagosa Springs, CO 81147

Pagosa Springs
Local realty services provided by:CENTURY 21 CapRock Real Estate
298 Park Ave,Pagosa Springs, CO 81147
$730,000
  • - Beds
  • 6 Baths
  • 4,012 sq. ft.
  • Multi-family
  • New
Listed by: michael knapp
Office: best of pagosa springs970-585-8977
MLS#:839234
Source:CO_CREN

Price summary

  • Price:$730,000
  • Price per sq. ft.:$181.95

About this home

Rare Pagosa Springs triplex offering strong income at under $190 per square foot. 298 Park Avenue includes three separate 2-bedroom, 2-bath units, each with its own garage, on nearly half an acre. Built in 2000, the property features low-maintenance stucco siding, a durable metal roof, attractive landscaping, and a well-kept overall condition. The property has maintained nearly 100% occupancy during the seller’s ownership and currently produces a cap rate of over 7% based on existing income and expenses. Tenants pay their own electric and gas, helping keep owner operating costs lower and the income stream strong. Currently the only triplex on the market in Pagosa Springs, this is a difficult-to-replace multifamily opportunity. With six total bedrooms, six total bathrooms, three garages, proven rental demand, low-maintenance construction, and a price of less than $190 per square foot, 298 Park Avenue stands out as a compelling investment in one of Southwest Colorado’s most desirable...

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Home facts

  • Year built:2000
  • Subdivision & Development:Lakewood Village - 03 Cnty Code
  • Listing ID #:839234
  • Added:1 day(s) ago
  • Updated:September 21, 2026 at 09:46 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:4,012 sq. ft.

Structure and exterior

  • Roof:Metal
  • Year built:2000
  • Building area:4,012 sq. ft.
  • Lot area:0.44 Acres
  • Lot Features:Adjacent to Greenbelt/Open Land
  • Levels:1 Story

Schools

  • High school:Pagosa Springs 9-12
  • Middle school:Pagosa Springs 5-8
  • Elementary school:Pagosa Springs K-4

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$730,000
  • Price per sq. ft.:$181.95

Features and amenities

  • Amenities:Unfurnished

Parking

  • Parking description:Attached Garage
  • Garage spaces:4
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