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Active
  • Price cut: $95K (10/27)
    $1,150,000

    195 Silverview Lane #1-5, Durango, CO 81303

    6beds
    3,556sqft
    : 
    $6,945/mo
    Get pre-qualified
    Fiveplex
    Built in 1973
    -- sqft lot
    $1,111,800 Zestimate®
    $323/sqft
    $-- HOA

    What's special

    Three units fully remodeledSurprisingly spacious setting
    Exceptional multi-unit investment opportunity in Durango’s growing Grandview area! Situated on nearly 2 acres just minutes from Mercy Hospital and Three Springs, this fully rented fiveplex offers an established rental property with recent improvements throughout and an excellent location within one of La Plata County’s active development corridors. All five units have now been improved, with three units fully remodeled and the remaining two thoughtfully updated. The five residences are divided between two buildings, with two units in one structure and three in the other. The unit mix includes one 2-bedroom, 1-bath residence and four 1-bedroom, 1-bath residences, providing desirable smaller-footprint housing and a diversified rental configuration for an investor. The elevated property enjoys exceptional mountain views and nearly two acres of land, creating a surprisingly spacious setting while remaining convenient to Durango and nearby services. With all five units currently rented, improvements completed throughout the property, and continued residential and commercial activity in the surrounding Grandview and Three Springs areas, this is a unique opportunity to acquire an established multi-unit investment property in an evolving part of the Durango market.
    42 days
    154
    5

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Makala Jewell 970-880-4196,

    EXIT Realty Home & Ranch,

    Jon Tyler Frakes,

    EXIT Realty Home & Ranch

    Source: CREN,MLS#: 839488MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Interior area
      • Total structure area: 3,556
      • Total interior livable area: 3,556 sqft
      Video & virtual tour

      Property

      Lot
      • Size: 1.8 Acres
      Details
      • Parcel number: 566911104006

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Fiveplex
      Condition
      • New construction: No
      • Year built: 1973

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Durango

      Financial & listing details

      • Price per square foot: $323/sqft
      • Annual tax amount: $3,066
      • Date on market: 10/1/2026

        Estimated market value

        $1,111,800

        $1.06M - $1.17M

        $2,151/mo

        Price history

        DateEventPrice
        10/27/2026Price change$1,150,000-7.6%$323/sqft
        Source: CREN #839488 Report a problem
        10/22/2026Price change$1,245,000-3.9%$350/sqft
        Source: CREN #839488 Report a problem
        10/1/2026Listed for sale$1,295,000+8.1%$364/sqft
        Source: CREN #839488 Report a problem
        12/24/2025Listing removed$1,198,000+20%$337/sqft
        Source: EXIT Realty broker feed #823550 Report a problem
        10/26/2025Price change$998,000-10%$281/sqft
        Source: CREN #823550 Report a problem
        9/12/2025Price change$1,109,000-4.4%$312/sqft
        Source: CREN #823550 Report a problem
        8/16/2025Price change$1,160,000-3.2%$326/sqft
        Source: CREN #823550 Report a problem
        7/23/2025Price change$1,198,000-4.9%$337/sqft
        Source: CREN #823550 Report a problem
        7/17/2025Price change$1,260,000-2.7%$354/sqft
        Source: CREN #823550 Report a problem
        7/7/2025Price change$1,295,000-1.9%$364/sqft
        Source: CREN #823550 Report a problem
        5/31/2025Price change$1,320,000-2.1%$371/sqft
        Source: CREN #823550 Report a problem
        5/23/2025Price change$1,349,000-1.9%$379/sqft
        Source: CREN #823550 Report a problem
        5/1/2025Listed for sale$1,375,000$387/sqft
        Source: CREN #823550 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81303

        Getting around

        15 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Florida Mesa K-5
        • Middle: Escalante 6-8
        • High: Durango 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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