Map location of 3140 & 3146 W 3rd, Durango, CO 81301
$1,875,000
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3140 & 3146 W 3Rd, Durango, CO 81301

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8 Beds
8 Baths
5,120 Sq Ft

Welcome to your next income-producing investment in the heart of scenic Durango, Colorado! This meticulously maintained four-plex offers an exceptional opportunity for savvy investors seeking a solid addition to their portfolio. With three of the units currently generating between $1,800 (1) and $2,000 (2) each in monthly rent and the fourth unit ready for occupancy or customization, this property is primed to attract long-term tenants and generate consistent rental income. The grounds are well kept, the home is spacious and in a consistently cared for condition and the opportunity for growth in rental rate is evident. Consult with City of Durango Planning at assess opportunities for additional rent creation. The property sits well below the current Floor Are Area and Lot Coverage Ratio Thresholds allowing for expansion in use. Tremendous walk score and easy access, as this property is conveniently close to the North City Market and the scenic river trail, making it a sought-after location for tenants.

Listing By: Joe Clair - Keller Williams Realty Southwest Associates, LLC cocren Realty.com
  • MLS# 808687
  • Date Listed10/13/2023
  • Bedrooms 8
  • Bathrooms 4 Full baths, 4 Half baths
  • Lot Size 0.39 acres (16,988 sq. ft)
  • Sewer Public Sewer
  • Subdivision Animas City
  • Property Type Quadruplex
  • County La Plata
  • Year Built 1996
  • Water Public
  • Square Feet 5,120 sq. ft
  • Price Per Sq. Ft $366.21

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.39
  • Lot Size SQFT 16,988.40
  • Lot Features -

Directions

From Main and 32nd Street. Turn left onto 32nd Street. Turn left on W 3rd Ave. Property is on the left.

Financial Considerations

  • Tax Amount $4,848
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CO / 81301

Source: Walkscore

57/100

Somewhat Walkable

Walk Score ®

71/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 29/100.

Points of Interest near 3140 & 3146 W 3rd, Durango, CO 81301

Frequently Asked Questions for 3140 & 3146 W 3rd

Source: Realty.com

3140 & 3146 W 3rd, Durango, CO 81301 is a Quadruplex, Residential Income property listed for $1,875,000 The property is 5120 sq. ft with 8 bedrooms and 8 bathrooms

Realty.com has 29 photos of 3140 & 3146 W 3rd.

Our records indicate that 3140 & 3146 W 3rd was built in 1996.

The full address for this home is 3140 & 3146 W 3rd, Durango, CO 81301.

3140 & 3146 W 3rd has been listed on Realty.com since Fri October 13, 2023

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 29/100.

Listing provided courtesy of: Keller Williams Realty Southwest Associates, Llc (tel: 970-247-3840)
Listing agent: Joe Clair (tel: 970-903-9417) (#1828)

This content last refreshed on 2025-12-09 09:57:59. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3140 & 3146 W 3rd, Durango, CO 81301 : MLS# 808687

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