574 E 2nd Avenue
Durango, CO 81301
- Studio
- 6 Baths
- 2,195 sqft
Studio
6 Baths
2,195 sqft
Local Information
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Description
All units are now rented at market value, making this an incredible investment opportunity in downtown Durango! This property is an incredibly rare find with six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units had been vastly under rented in the past as rents had not been increased in several years and were not reflective of the current market value, but the owner has spent the past several months increasing the rents as the units came vacant, and now all units are rented at market rate making this a very viable investment. Don't miss this opportunity to own a cash flowing property in an unbeatable location!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 31, 2024
Home Highlights
Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 574 E 2nd Avenue
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MLS Status: Sold Inner Office |
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Beds & Baths Number of Bathrooms: 6Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 5 |
Dimensions and Layout Living Area: 2195 Square Feet |
Appliances & Utilities Appliances: Range, RefrigeratorRefrigerator |
Heating & Cooling No Cooling |
Windows, Doors, Floors & Walls Flooring: Carpet, Linoleum |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Linoleum |
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Parking & Garage No CarportNo GarageHas Open ParkingParking: On Street |
Frontage Road Frontage: City/TownNot on Waterfront |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation: 6500Elevation: 6500 |
Finished Area Finished Area (above surface): 2195 |
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Year Built Year Built: 1908 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: SixplexArchitecture: Victorian |
Building Not a New Construction |
Property Information Parcel Number: 566529308001 |
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Price List Price: $819,900 |
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Direction & Address City: DurangoCommunity: Not Applicable |
School Information Elementary School: Park K-5Jr High / Middle School: Miller 6-8High School: Durango 9-12 |
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Building Area Building Area: 2195 Square Feet |
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No HOA |
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Listing Terms: Cash, Conventional |
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Mls Number: 808016Above Grade Unfinished Area: 2195 |
Last check for updates: about 4 hours ago
Listed by Todd Sieger, (970) 375-5530
Coldwell Banker Distinctive Properties
Bought with: Todd Sieger, Coldwell Banker Distinctive Properties
Source: CREN, MLS#808016

Price History for 574 E 2nd Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2024 | $795,400 | Sold | CREN #808016 |
| 07/01/2024 | ListingRemoved | CREN #808016 | |
| 09/18/2023 | $819,900 | Listed For Sale | CREN #808016 |
| 09/01/2023 | ListingRemoved | CREN #798434 | |
| 09/26/2022 | $819,900 | ListingRemoved | CREN #798434 |
| 09/23/2022 | $819,900 | Listed For Sale | CREN #798434 |
| 09/02/2022 | ListingRemoved | CREN #789450 | |
| 01/03/2022 | $819,900 | Listed For Sale | CREN #789450 |
| 12/02/2021 | ListingRemoved | CREN #780219 | |
| 04/04/2021 | $799,000 | ListingRemoved | CREN #780219 |
| 04/01/2021 | $799,000 | Listed For Sale | CREN #780219 |
| 01/05/2021 | $799,000 | ListingRemoved | Agent Provided |
| 05/23/2019 | $799,000 | Listed For Sale | Agent Provided |
| 05/02/2017 | $799,000 | ListingRemoved | Agent Provided |
| 06/13/2016 | $799,000 | PriceChange | Agent Provided |
| 04/20/2016 | $820,000 | Listed For Sale | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,526 |
| Assessment | $536,240 |
Home facts updated by county records
Comparable Sales for 574 E 2nd Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $860,000 | 07/10/25 | 5 | 1,847 | ||
0.51 | Multi-Family Home | $850,000 | 03/05/26 | 6 | 4 | 2,132 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 574 E 2nd Avenue.
What Locals Say about Durango
At least 138 Trulia users voted on each feature.
90 % Say it's dog friendly
87 % Say there's wildlife
78 % Say people would walk alone at night
76 % Say kids play outside
74 % Say there's holiday spirit
74 % Say parking is easy
73 % Say car is needed
69 % Say it's quiet
66 % Say yards are well-kept
65 % Say there are sidewalks
63 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
43 % Say streets are well-lit
43 % Say it's walkable to grocery stores
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 574 E 2nd Avenue
Off Market Homes Near 574 E 2nd Avenue

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Homes for rent near 574 E 2nd Avenue
574 E 2nd Avenue, Durango, CO 81301 is a studio, 6 bathroom, 2,195 sqft multi-family built in 1908. This property is not currently available for sale. 574 E 2nd Avenue was last sold on Jul 31, 2024 for $795,400 (3% lower than the asking price of $819,900).

