Active

Price cut: $36K (5/4)

$299,000

145 S madison Street, Cortez, CO 81321

6beds

2,489sqft

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Duplex

Built in 1923

-- sqft lot

$281,800 Zestimate^®

$120/sqft

$-- HOA

What's special

Great investment property with two homes giving a wise investor strong rental income. Very close to shopping and parks giving tenants great access to all Cortez has to offer. With the consistent rental demand that we see here in Cortez, this is an incredible opportunity to own a cash-flowing asset in a strong market.

416 days

283

14

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Features

Basement: Crawl Space

Interior area

Total structure area: 2,489
Total interior livable area: 2,489 sqft

Property

Parking

Parking features: 2-10 Total Spaces, Off Street

Lot

Size: 6,969 Square Feet

Details

Parcel number: 561126406006
Zoning description: Residential Multi Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Wood Siding
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1923

Utilities & green energy

Sewer: City Sewer
Water: City Water
Utilities for property: Metered for Electricity, Metered for Gas

Community & HOA

Community

Subdivision: F R Coffins Addition

HOA

Has HOA: No

Location

Region: Cortez

Financial & listing details

Price per square foot: $120/sqft
Annual tax amount: $1,003
Date on market: 5/12/2025

Estimated market value

$281,800

$268,000 - $296,000

$1,265/mo

Price history

Date	Event	Price
5/4/2026	Price change	$299,000-10.7%$120/sqft
Source: CREN #823954 Report a problem
5/12/2025	Listed for sale	$335,000+86.1%$135/sqft
Source: CREN #823954 Report a problem
5/15/2019	Sold	$180,000$72/sqft
Source: eXp Realty #56174602 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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