Home For Sale In Montrose, Colorado

house for sale

Listed: 02/27/24

1265 6530 Rd, Montrose, Colorado, 81401

5 Bed:

2.5 Bath:

3,280 Sq Ft Living Area:

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Price

$ 749,900

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About This House

Introducing an exceptional real estate opportunity for savvy investors and business owners! Nestled on a sprawling 1-acre lot, this expansive property, this single family residence has undergone extensive renovations and upgrades to cater to a unique and profitable rental market. Currently housing tenants in a 'frat' house style setup, it's generating substantial income. Recent renovations and updates include a brand new septic system, roofing, HVAC,electric, plumbing, remodeled kitchen, windows/doors, flooring and so so so much more! What truly sets this property apart is its zoning designation, opening the door to an array of lucrative ventures such as group homes, supportive housing, and more. Don't miss out on this potential goldmine seize the opportunity to make this property work for your investment portfolio or business expansion dreams. Contact us today to explore the endless possibilities!

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Houses for sale in Montrose

Original listing

Montrose Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$507,286 (-4.5%)
Apr 2024	$531,040 (0%)
Mar 2024	$531,040 (0%)
Feb 2024	$531,040 (0%)
Jan 2024	$531,040 (+11.1%)
Dec 2023	$477,809 (-5.3%)

In May 2024, the asking price for 3 bed houses for sale in/near Montrose, United States averaged $507,286, a decrease of 4.5% from the previous month.

Median price trends for properties for sale in Montrose, United States as of May 2024.

Household Income

Median household income: $42,930

Number of households: 8,109

The average household income in Montrose, CO grew from $41,547 to $42,930 in the past year. This data is an estimate based upon 8,109 households in Montrose, CO.
The chart below presents how household income is distributed in Montrose, CO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Montrose, CO compared to median property taxes around the country. The prevalent amount of property taxes in Montrose, CO equals $800-$1,500 , which is more than the national average.