$1,695,000
5 Beds
5 Baths
3,408 sqft
232 Main Street, Ouray, CO 81427
Est. Mortgage $9,758/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 98% nearby.
Home Highlights
Multi-Family
Built in 1888
$497/sqft
Garage
Local Information
- Map ViewExplore the area around 232 Main Street.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Magical mountain viewsExpansive upper balcony
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!
Last check for updates: about 18 hours ago
Listing courtesy of Lee Ann Parden
Wild West Realty, LLC
Sharon Wild
Wild West Realty, LLC
Source: CREN, MLS#839303
Also Listed on CREN.
We estimate this home will sell faster than 98% nearby.
Home Details for 232 Main Street
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Interior Details Basement: Walk-Out Access,FinishedNumber of Rooms: 1Types of Rooms: Dining Room |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (three quarters): 5 |
Dimensions and Layout Living Area: 3408 Square Feet |
Appliances & Utilities Utilities: Metered for Electricity, Metered for GasAppliances: Dryer, Range, Refrigerator, WasherDryerRefrigeratorWasher |
Heating & Cooling No Cooling |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View Has a ViewView: Mountain(s) |
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Exterior Home Features Roof: Architectural Shingles |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 6Parking: 1 per unit,Detached Garage |
Frontage Road Frontage: State Highway, City/TownRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City Sewer |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation: 7800Elevation: 7800 |
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Days on Market: 1 |
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Year Built Year Built: 1888 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Fiveplex |
Building Not a New ConstructionNot Attached Property |
Property Information Parcel Number: 451531308016 |
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Price List Price: $1,695,000Price Per Sqft: $497 |
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MLS Status: Active |
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Direction & Address City: OurayCommunity: Other |
School Information Elementary School: Ouray K-6Jr High / Middle School: Ouray 7-8High School: Ouray 9-12 |
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Listing Agent Listing ID: 839303 |
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Building Area Building Area: 3408 Square Feet |
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No HOA |
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Lot Area: 4356 sqft |
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Listing Terms: 1031 Exchange, Conventional, Other |
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BasementMls Number: 839303Attribution Contact: leeannbroker@gmail.com |
Around this home
What Locals Say about Ouray
At least 9 Trulia users voted on each feature.
100 % Say they plan to stay for at least 5 years
93 % Say people would walk alone at night
92 % Say parking is easy
92 % Say there's holiday spirit
90 % Say kids play outside
89 % Say it's walkable to grocery stores
87 % Say there's wildlife
83 % Say it's walkable to restaurants
80 % Say it's dog friendly
75 % Say yards are well-kept
67 % Say it's quiet
62 % Say there are sidewalks
60 % Say streets are well-lit
54 % Say neighbors are friendly
50 % Say there are community events
27 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in Ouray
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
33
1MoM
Home Value
Trulia Estimate
$1.53MSince last month
Decreased$3K (-0.2%)Since last year
Decreased$9K (-0.6%)Since last sale
Increased$254K (+19.9%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +100% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.53M |
| August 2026 | $1.53M |
| July 2026 | $1.57M |
| June 2026 | $1.62M |
| May 2026 | $1.43M |
| April 2026 | $1.4M |
| March 2026 | $1.44M |
| February 2026 | $1.39M |
| January 2026 | $1.37M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $650,000 | 4 | 2 | - | Recently Sold | |
0.05 | $524,900 | 3 | 2 | - | Off Market | |
0.05 | $665,000 | 2 | 1 | 1,300 | For Sale | |
0.05 | $780,000 | 4 | 3 | 2,424 | Off Market | |
0.05 | $649,100 | 2 | 2 | 1,325 | Off Market | |
0.06 | $832,200 | 3 | 3 | 1,772 | Off Market | |
0.06 | $1,308,100 | 3 | 2.5 | 2,193 | Off Market | |
0.08 | $440,900 | Studio | 1.5 | 2,040 | Off Market | |
0.09 | $344,500 | - | - | - | For Sale | |
0.08 | - | - | - | - | Off Market | |
0.09 | $425,000 | 3 | 1.5 | 1,212 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 16, 2026 Source: CREN #836067 | Listed For Sale | $1,695,000 |
Jun 29, 2022 Source: N/A | Sold | $1,275,000 |
May 16, 2022 Source: CREN #793467 | Listed For Sale | $1,300,000 |
Sep 11, 2020 Source: Agent Provided | ListingRemoved | $749,000 |
Sep 1, 2020 Source: Agent Provided | PriceChange | $749,000 Price decreased by 6% |
Jun 24, 2020 Source: Agent Provided | Listed For Sale | $799,000 |
May 31, 2018 Source: N/A | Sold | $448,000 |
Dec 31, 2010 Source: N/A | Sold | $175,000 |
Sep 3, 2004 Source: TRIDEMLS #16699 | Sold | $383,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $19,720 | $866,360 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lee Ann Parden, Wild West Realty, LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 232 Main Street
- What is the estimated monthly payment for 232 Main Street?Based on a $1,695,000 list price with 20% down at today's rates, the estimated monthly payment for 232 Main Street in Ouray, CO is approximately $9,989 (about $9,518 principal & interest, $396 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Ouray?Residents describe Ouray, CO as established, easy to park in, and walkable to grocery stores. See homes for sale in Ouray, CO.
- What are the closest schools to 232 Main Street?The closest schools to 232 Main Street in Ouray, CO are Ouray Elementary School (Pre-K, rated 8/10), Ouray Middle School (Elementary, rated 9/10), Ouray Senior High School (rated 9/10).
- What is 232 Main Street estimated to be worth?Trulia's estimated value for 232 Main Street in Ouray, CO is $1,532,200.
- Does 232 Main Street have laundry facilities?Yes, 232 Main Street in Ouray, CO has in-unit laundry.
232 Main Street, Ouray, CO 81427 is a 5 bedroom, 5 bathroom, 3,408 sqft multi-family built in 1888. This property is currently available for sale and was listed by CREN on Sep 23, 2026. The MLS # for this home is MLS# 839303.