574 E 2nd Avenue, Durango, CO 81301
OFF MARKET

574 E 2nd Avenue
Durango, CO 81301

  • Studio
  • 6 Baths
  • 2,195 sqft
Studio
6 Baths
2,195 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Active Status

MLS Status: Sold Inner Office

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $819,900

Location

Direction & Address
City: DurangoCommunity: Not Applicable
School Information
Elementary School: Park K-5Jr High / Middle School: Miller 6-8High School: Durango 9-12

Building

Building Area
Building Area: 2195 Square Feet

HOA

No HOA

Offer

Listing Terms: Cash, Conventional

Miscellaneous

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

DatePriceEventSource
07/31/2024$795,400Sold
CREN #808016
07/01/2024ListingRemovedCREN #808016
09/18/2023$819,900Listed For SaleCREN #808016
09/01/2023ListingRemovedCREN #798434
09/26/2022$819,900ListingRemovedCREN #798434
09/23/2022$819,900Listed For SaleCREN #798434
09/02/2022ListingRemovedCREN #789450
01/03/2022$819,900Listed For SaleCREN #789450
12/02/2021ListingRemovedCREN #780219
04/04/2021$799,000ListingRemovedCREN #780219
04/01/2021$799,000Listed For SaleCREN #780219
01/05/2021$799,000ListingRemovedAgent Provided
05/23/2019$799,000Listed For SaleAgent Provided
05/02/2017$799,000ListingRemovedAgent Provided
06/13/2016$799,000PriceChange
Agent Provided
04/20/2016$820,000Listed For SaleAgent Provided
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Property Tax and Assessment

Year2025
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

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Assigned Schools

These are the assigned schools for 574 E 2nd Avenue.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Laina Marble
    "I work from home but enjoy the easy access to the grocery store and trail system. I live here to be close to family but love having the abundance of trails close by "
  • Johndmar10
    "I am retired so I do not commute. We live 14 miles outside of town and drive in to shop. It is a beautiful stretch of road north of Durango. "
  • Lee Ann Bode
    "I’ve lived in this neighborhood full time for over 4 years and love it. I know 80% of my neighbors by first name. One thing I don’t like is the short term rental properties. "
  • 9p877fp7db
    "I love the beauty of the area. There are miles of trails to walk and it is very safe and comfortable feeling neighborhood. "
  • Molly Hernandez
    "None. No one in the neighborhood decorates or celebrates any holiday in our neighborhood and it’s disappointing "
  • Jessica S. W.
    "I love living here! Winter is my favorite. I can walk everywhere. Don’t park on 3rd because of drunk drivers! Enjoy! "
  • Andra S.
    "Biking to most places downtown, steep bike up to Fort Lewis college (or drive). Walking is easy too. "
  • Marlene F.
    "Beautiful and love the views of the San Juan’s. Relaxing and peaceful. Residents have large land parcels and more views of horses and cows. "
  • Laurie F.
    "Dalton Ranch is a lovely area, it’s simply beautiful! Wonderful friendly neighbors, spectacular wild life, safe and well maintained 💕"
  • Dbltrplstuff
    "We live in our house in Durango half the year. We know all of our neighbor and love this town for all of the amazing outdoor, culinary,cultural,historic and artistic things it has to offer. And everyone loves dogs!"
  • Ashleyti12
    "We love it here!!! My kids love all of our neighbors and so do my husband and I! We live near my child’s school so it is amazing to walk with him to school some mornings! "
  • Rebecca
    "Easy. The whole town is just a few miles wide. Easy. Short commute. Express way and/or back country roads. Early morning is a bit co grated with school hours and morning traffic but otherwise, super quick and easy. "
  • Swtmelissa67
    "where my daughter lives neigh ors don't talk. but in town their Halloween this year was great. everyone was so friendly and the churches invited us all inside for festivals "
  • Sbrandon
    "Two lights and a stop sign. Very quick commute. I have never lived in such a small town and the commute is one of the benefits."
  • Ashleyti12
    "We have the friendliest neighbors and love that our children have friends all throughout the entire neighborhood! We love that we can walk to and from school without worry! It’s beautiful and an amazing place to live! "
  • Dbltrplstuff
    "Love Durango, love being close to town and the river path and amazing hiking, love the neighbors and community "
  • Ashleyti12
    "We are raising our two small children here with the comfort of a small community! We are proud to call Durango home and have made lifelong friends that live within walking distance of our home! "

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Homes for sale near 574 E 2nd Avenue

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Off Market Homes Near 574 E 2nd Avenue

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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.

Homes for rent near 574 E 2nd Avenue

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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).