Active

Price cut: $35.5K (9/10)

$239,500

1011 S 5th Street, Montrose, CO 81401

1beds

810sqft

$1,616/mo

Get pre-qualified

Stick Built

Built in 1955

6,229 Square Feet Lot

$-- Zestimate^®

$296/sqft

$-- HOA

What's special

Price, potential, and opportunity in the heart of Montrose — seller is willing to work with the right offer. This 810 sq. ft. home offers 1 bedroom and 1 bathroom on a 6,250 sq. ft. lot within the City of Montrose Redevelopment Overlay (REDO) District. Built in 1955, the property offers an opportunity for an investor, buyer looking for an affordable home, or someone ready to bring their own ideas to the property. Conveniently located near downtown Montrose, shopping, dining and amenities. Bring your ideas — and bring your offer. Seller is ready to consider the possibilities.

160 days
316
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Main

Dining room

Features: Eat-in Kitchen

Heating

Floor Furnace

Cooling

Window Unit(s)

Appliances

Included: Range, Refrigerator

Features

Flooring: Carpet-Partial, Linoleum

Interior area

Total structure area: 810
Total interior livable area: 810 sqft
Finished area above ground: 810

Property

Features

Levels: One
Stories: 1

Lot

Size: 6,229 Square Feet

Details

Additional structures: Shed(s), Shed/Storage
Parcel number: 376727405006
Zoning description: Residential Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick Built

Materials

Wood Frame, Vinyl Siding
Foundation: Slab
Roof: Asphalt

Condition

New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: City Water
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: Loutsenhizer Addn

HOA

Has HOA: No

Location

Region: Montrose

Financial & listing details

Price per square foot: $296/sqft
Tax assessed value: $229,630
Annual tax amount: $1,049
Date on market: 5/15/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,323/mo

Price history

Date	Event	Price
9/10/2026	Price change	$239,500-12.9%$296/sqft
Source: CREN #834729 Report a problem
6/9/2026	Price change	$275,000-5%$340/sqft
Source: CREN #834729 Report a problem
5/15/2026	Listed for sale	$289,500$357/sqft
Source: CREN #834729 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,050 +56.9%	$16,180 +23.6%
2024	$669 -28.3%	$13,090 -3.5%
2023	$934 +46.6%	$13,570 +51.1%
2022	$637 +20.5%	$8,980 -2.8%
2021	$529 +98.7%	$9,240 +17.3%
2020	$266	$7,880
2019	$266 +16.1%	$7,880 +19%
2018	$229 +0.8%	$6,620
2017	$227	$6,620 -1.9%
2016	$227 -49.2%	$6,750
2015	$448 +17.6%	$6,750 +9.9%
2014	$381 +0.8%	$6,140
2013	$378 -18.7%	$6,140 -23.2%
2012	$465	$7,990
2011	--	$7,990
2010	--	--