201 Box Elder Ave, Paonia, CO 81428

Charming Multi-Unit Apartment Facility in Scenic Paonia, Colorado. Experience the rare opportunity to own a beautifully maintained multi-apartment property in the heart of Paonia, a vibrant community nestled in the North Fork Valley on Colorado’s Western Slope. This expansive residence features four fully furnished and equipped units, each complete with its own full kitchen, living room, bathroom, and in-unit washer and dryer—move-in ready for residents or tenants. The floor plan offers versatility: one spacious two-bedroom apartment ideal for families or longer stays, and three additional one-bedroom units, each designed for comfort and convenience. Large windows flood every unit with natural light, while private decks and patios create seamless indoor-outdoor living. A fenced courtyard provides a peaceful backyard retreat—perfect for gatherings, relaxation, or quiet enjoyment. One unit also includes a non-conforming basement bedroom that easily doubles as a home office, guest space, or oversized storage area. Tasteful renovations over the years have enhanced both the interior and exterior while preserving the property’s charm and functionality. Ample off-street parking, thoughtful storage solutions, and modern updates throughout add to its appeal. Situated beneath the majestic West Elk Mountains, this property offers easy access to Paonia’s celebrated lifestyle—farm-to-table dining, boutique shops, wineries, art galleries, and endless outdoor recreation. With its prime location and thoughtful design, this property presents exceptional investment potential: ideal for long-term rentals, short-term accommodations, employee housing, or even a live-work arrangement in a thriving small-town setting. Don’t miss the chance to own a unique multi-unit gem in one of Colorado’s most picturesque and welcoming mountain towns.