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Image 1 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 2 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 3 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 4 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 5 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 6 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 7 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 8 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Image 9 - 425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401 - House for sale
Home For Sale In Montrose, Colorado
425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401

Home For Sale In Montrose, Colorado

house for sale
Listed: 06/21/24

425 S 5th Street 1/2 S 5th Adu Is Unit 425, Montrose, Colorado, 81401

4 Bed:
4 Bath:
2,185 Sq Ft Living Area:
Save
Price
$ 720,000
Price:  Increased

About This House

Looking for the perfect investment opportunity, this property is ideal. The homes are in a great location and have the added bonus of a constructed high end Accessory Dwelling Unit (ADU)on the property. Both homes were fully remodeled in 2020, with the main house having 4 bedrooms and 2 bathrooms, while the ADU offers an additional detached home with 2 bedrooms (master suite and guest room) as well as 2 bathrooms, Cheery and sunny living room, and a beautiful kitchen. Each property has privacy, off street parking, and a fenced backyard. Both homes are currently tenant occupied with excellent rental history and leases through January 2024. Please see associated documents for rents, exact lease dates etc. This property is conveniently …  Full description

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Montrose Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 4 bed houses for sale in/near Montrose, United States averaged $650,186, a decrease of 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.