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3226 W 4th Ave

Durango, CO 81301
  • $1,050,000
  • STATUS: Active Under Contract
  • ON SITE: 26 Days
  • MLS #: 835962
Under Contract
UPDATED: 119 min ago
$1,050,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 3,888
    SQFT
  • $270
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Legacy Properties West Sotheby's Int. Realty: 970-624-0444.


Description

ATTENTION INVESTORS & HOUSE-HACKERS: 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, a 30-day minimum rental allowance for maximum strategy flexibility, and a massive $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 a fire pit, 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, walking distance to North City Market, and a short drive to downtown Durango and Purgatory Resort, this asset is primed for a pure buy-and-hold or a luxury house-hack.

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[Colorado Real Estate Network] logo 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 Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-07-10T23:56:28.663.
www.durangomountainrealty.com/homes/177708605
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3226 W 4th Ave Durango, CO 81301

  • Price: $1,050,000
  • Status: Active Under Contract
  • On Site: 26 Days
  • Updated: 119 min ago
  • MLS #: 835962
0
Beds
5
Baths
2
½ Baths
0.25
Acres
3,888
SQFT
$270
$/SQFT
1981
Built
Neighborhood:
Animas City
County:
La Plata
Area:
Durango In Town
Elementary School:
Needham K-5
Middle School:
Miller 6-8
High School:
Durango 9-12
Property Description
ATTENTION INVESTORS & HOUSE-HACKERS: 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, a 30-day minimum rental allowance for maximum strategy flexibility, and a massive $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 a fire pit, 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, walking distance to North City Market, and a short drive to downtown Durango and Purgatory Resort, this asset is primed for a pure buy-and-hold or a luxury house-hack.
Exterior Features

Acreage Range Less than 1/2 Carport Yes Carport Spaces 6 Garage No Lot Dimension .25 Parking 2-10 Total SpacesCommonConcrete Parking Spaces 2 Property Attached Yes Property Description Cul-de-sac Roof Metal Siding Masonite Stories Two Story Street Description City/TownPaved Style Contemporary Views MountainsValley Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDisposalDryerExhaust FanMicrowaveRange/Oven Dining Kitchen BarLiving Room Dining Flooring CarpetLinoleumVinyl Foundation Basement StemwallCrawl Space Heating Fuel Source Electric Baseboard Master Bedroom Level Upper Level One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 3 Unit1 Bedrooms 3 Unit1 Square Feet 1440 Unit2 Baths 4 Unit2 Bedrooms 4 Unit2 Square Feet 2448

Property Features

Cap Rate Percent 5.76 Covenants NO Elevation 6512 Green Certification No Hoa No Horse Setup No Metered Metered for ElectricityMetered for Water Multi Story Yes New Construction YN No Property Mngr Durango Property Mgmt Reo Lender Owned No Tax Year 2025 Terms 1031 ExchangeCashConventional Total Electric Meters 2 Total Taxes 3334 Total Water Meters 1 Type Duplex Unit1 Monthly Rent 2800 Unit2 Monthly Rent 3600 Water Rights No Water Sewer City SewerCity Water Year Remodeled 2024 Zoning Residential Multi Family

[Colorado Real Estate Network] logo 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 Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-07-10T23:56:28.663.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of Legacy Properties West Sotheby's Int. Realty: 970-624-0444.