470 Burns Ave.
Ignacio, CO 81137
Studio
9 Baths
5,760 sqft (on 0.44 acres)
Studio
9 Baths
5,760 sqft
(on 0.44 acres)
Local Information
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Description
470 Burns Ave., in Ignacio, Colorado, just 20 minutes south of Durango, is a stable multi family, income producing property. The property has six, two bedroom, one and one-half bath, 960 SF units. The apartment is centrally located in Ignacio and walking distance to schools, grocery store, restaurants, and more. Ignacio is the headquarters of the Southern Ute Indian Tribe which is currently the largest employer in La Plata County, and a multi faceted enterprise generating millions of dollars each year for La Plata and Archuleta Counties. Ignacio, and specifically 470 Burns Ave., offers affordable housing solutions for locals and their families. Operating at nearly 100% occupancy, 12 months out of the year, 470 Burns is a very stable investment opportunity offering an nearly 6.6% cap rate, making it a compelling investment alternative to treasury bonds or stocks. If interested, call your preferred local realtor for more information.
Home Highlights
Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
$120
Listed
180+ days ago
Home Details for 470 Burns Ave.
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MLS Status: Active |
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Beds & Baths Number of Bathrooms: 12Number of Bathrooms (full): 6Number of Bathrooms (half): 6 |
Dimensions and Layout Living Area: 5760 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Range, RefrigeratorDishwasherDisposalRefrigerator |
Heating & Cooling No Cooling |
Windows, Doors, Floors & Walls Flooring: Carpet, Other, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Other, Vinyl |
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Exterior Home Features Roof: Metal |
Parking & Garage No CarportNo GarageHas Open ParkingParking: On Street |
Frontage Road Frontage: City/TownRoad Surface Type: DirtNot on Waterfront |
Farm & Range Does Not Include Irrigation Water Rights |
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Days on Market: 180+ |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: ApartmentArchitecture: Other |
Building Construction Materials: StuccoNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 595508307005 |
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Price List Price: $689,000Price Per Sqft: $120 |
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Direction & Address City: IgnacioCommunity: None |
School Information Elementary School: Ignacio K-6Jr High / Middle School: Ignacio 7-8High School: Ignacio 9-12 |
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Listing Agent Listing ID: 829165 |
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Building Area Building Area: 5760 Square Feet |
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No HOA |
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Lot Area: 0.44 acres |
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Listing Terms: 1031 Exchange, Cash, Conventional |
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Mls Number: 829165Attribution Contact: C: 970-769-2857 |
Last check for updates: about 24 hours ago
Listing courtesy of Phil Schoon, (970) 769-2857
Keller Williams Realty Southwest Associates, LLC
Source: CREN, MLS#829165
Also Listed on CREN.
Market trends in Ignacio
Last updated April 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
18 1MoM
Price History for 470 Burns Ave.
| Date | Price | Event | Source |
|---|---|---|---|
| 03/23/2026 | $689,000 | PriceChange | CREN #829165 |
| 02/12/2026 | $700,000 | PriceChange | CREN #829165 |
| 10/10/2025 | $715,000 | Listed For Sale | CREN #829165 |
| 07/05/2025 | $715,000 | ListingRemoved | CREN #820261 |
| 02/11/2025 | $715,000 | PriceChange | CREN #820261 |
| 01/28/2025 | $725,000 | PriceChange | CREN #820261 |
| 01/04/2025 | $750,000 | Listed For Sale | CREN #820261 |
| 12/26/2024 | $750,000 | ListingRemoved | CREN #817806 |
| 09/26/2024 | $795,000 | PriceChange | CREN #817806 |
| 09/07/2024 | $825,000 | Listed For Sale | CREN #817806 |
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Assigned Schools
These are the assigned schools for 470 Burns Ave..
- Ignacio Junior High School
- 6-8
- Public
- 150 Students
6/10GreatSchools RatingParent Rating AverageI am upset beyound measure. WE need a new school board, administration, and new teachers. If we are truly concernd about our children and thier future these things must be done now!!! I listened to a Department of Education person from Washington D.C. say that Colorado refuses to take the quote "DRASTIC" measures that are needed to fix their educational woes! He is right on!!!!Parent Review11y ago - Ignacio High School
- 9-12
- Public
- 201 Students
6/10GreatSchools RatingParent Rating Average10 out of 10 this schools offers the advanced AP classes and college classes at two colleges. Students at this school we also have multiple CTE classes that are offered on different levels.Student Review7y ago - Ignacio Elementary School
- K-5
- Public
- 290 Students
5/10GreatSchools RatingParent Rating AverageThe schools in Ignacio are terrible. I was a student from K-12, and my education suffered, big time. Few of the teachers care, the cirriculum is bogus, I got NO help when I tried to talk to a counselor about college options, and was told throughout high school I wasn't worth the effort because I "wasn't going to graduate anyway". I learned most things on my own, outside of the schools. I WANTED to learn - they just don't have much to offer.Parent Review13y ago 
Check out schools near 470 Burns Ave..
What Locals Say about Ignacio
At least 2 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say they plan to stay for at least 5 years
100 % Say yards are well-kept
100 % Say kids play outside
100 % Say it's walkable to grocery stores
67 % Say it's dog friendly
67 % Say it's quiet
67 % Say there's holiday spirit
67 % Say people would walk alone at night
50 % Say it's walkable to restaurants
50 % Say there are sidewalks
38 % Say neighbors are friendly
33 % Say there's wildlife
33 % Say car is needed
25 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Phil Schoon, Keller Williams Realty Southwest Associates, LLC
Agent Phone: (970) 769-2857
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.
470 Burns Ave., Ignacio, CO 81137 is a studio, 12 bathroom, 5,760 sqft multi-family built in 1973. This property is currently available for sale and was listed by CREN on Oct 10, 2025. The MLS # for this home is MLS# 829165.