$1,050,000
 $5,637 est/mo Sourced by Back At You

3226 & 3228 W 4th Ave,Durango, CO 81301

Durango, CO 81301

Share:

PreviousNext

Description

ATTENTION INVESTORS: Opportunities to acquire a cash-flowing, turn-key multifamily asset with gross income of $6,400 per month ($3,600/mo North Unit; $2,800/mo South Unit) are increasingly rare in-town. This well-maintained duplex features no HOA restrictions, long term or 30-day minimum rental for maximum strategy flexibility, and a $50,000 capital improvement upgrade in 2024 that includes new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, and upgraded appliances (new dishwashers, refrigerator, and dryer). Boasting low CapEx risk, the property also features new main roofs from 2019 and new carport roofs from 2024. The expansive 2,448 sq ft North Unit (4 BR/3.5 BA with a 2004 addition) and the highly rentable 1,440 sq ft South Unit (3 BR/2.5 BA) both enjoy east-facing decks with sweeping Animas River Valley views, a shared view-centric backyard with views of the mountains, dedicated carport parking, and outdoor storage sheds. Situated in a premier, zero-vacancy location just half a block from the Animas Mountain Trailhead, three blocks from the Animas River, a few blocks to North City Market, and a short drive to downtown Durango, Ft. Lewis College, Purgatory Ski Resort, this asset is primed for flexible investment options. Both units are leased Aug 1, 2026 - May 31, 2027.

Details

MLS #835962
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1981
Days On Site70
Listing Provided ByLegacy Properties West Sotheby's Int. Realty | Katie Sturm

Features

Bath(s) 7 Total
SQ Feet3,888
Car PortYes
BasementY
Story(s)2
Units2
ZoningResidential Multi Family
Acreage0.25
Property ViewYes

Interior

Heating Yes / NoYes
HeatingBaseboard, Electric
Interior FeaturesBreakfast Bar, Kitchen Island, Living Dining Room, Upper Level Primary, Window Treatments
Window FeaturesWindow Coverings
FurnishedUnfurnished
AppliancesDryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range

Exterior

Exterior FeaturesDeck
RoofMetal
Construction MaterialsMasonite
Foundation DetailsStem Wall
Lot FeaturesCul De Sac

Parking

Garage Yes / NoNo
Parking FeaturesCommon, Concrete, Parking Spaces

Other

List AorDurango Area Association Of Realtors

Taxes

Property3334

Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Community NameAnimas City
School DistrictDurango 9-12
Elementary SchoolNeedham K-5
High SchoolDurango 9-12
Listing VS Median (in Animas City)
Price:
$1,050,000
low | high
Med:
$785,000
75.238095238095% of Average
sqft:
3,888
low | high
Med:
2,568
83.950617283951% of Average
$ / sqft:
$270
low | high
Med:
$306
36.809078771696% of Average
On site:
70
low | high
Med:
217
32.258064516129% of Average
Sourced by Back At You

Market Activity 81301

Request a showing

Request a showing

Contact

Additional Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.

FULL CREN Disclaimer

Real Estate listings held by companies other than CREN contain that company’s name.

Fair Housing Disclaimer

Contact

Learn More About This Property

Coldwell Banker Distinctive Properties Bozeman

Coldwell Banker Distinctive Properties Bozeman

 (406) 587-7653bozemaninfo@cbdistinctive.com
StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Community NameAnimas City
School DistrictDurango 9-12
Elementary SchoolNeedham K-5
High SchoolDurango 9-12
Listing VS Median (in Animas City)
Price:
$1,050,000
low | high
Med:
$785,000
75.238095238095% of Average
sqft:
3,888
low | high
Med:
2,568
83.950617283951% of Average
$ / sqft:
$270
low | high
Med:
$306
36.809078771696% of Average
On site:
70
low | high
Med:
217
32.258064516129% of Average
Sourced by Back At You
Listing Updated: July 27, 2026 at 3:27:38 PM PDT

Top Areas

Featured Agents

Real Estate

Contact

Coldwell Banker Distinctive Properties Bozeman

2621 W College Street #A
Bozeman, MT 59718
Back to top of page
© 2026 Coldwell Banker Bozeman Properties - .
Equal housing opportunity. An equal opportunity company.
© 2026 Coldwell Banker Distinctive Properties. Equal housing opportunity. An equal opportunity company.

© 2026 Coldwell Banker Distinctive Properties. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Distinctive Properties fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Montana Regional MLS. All Rights Reserved.
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 
POWERED BY
Real Estate Links Our Domains