Sold cren member

$223,500

236 N Cascade Avenue, Montrose, CO 81401

1beds

856sqft

Stick Built

Built in 1888

6,098 Square Feet Lot

$230,600 Zestimate^®

$261/sqft

$1,220 Estimated rent

Home value

$230,600

$214,000 - $247,000

$1,220/mo

Zestimate^® history

Owner options

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$1,220/mo

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$1,220/mo

Rent Zestimate^®

Refinance and save

$1,365/mo

Est. payment

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$1,365/mo

Est. payment

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What's special

Prime Investment Opportunity – Downtown Bungalow with Rental Appeal Investor alert! This well-located 1-bedroom, 1-bathroom bungalow offers strong potential for rental income or make it your own. Situated on a nice sized lot in the heart of downtown, this property combines classic charm with valuable features ideal for tenants or long-term value growth. Highlights include durable hardwood flooring, a spacious living room, and a basement for added storage—great for tenants or as utility space. The lot features garden boxes, a detached garage, and rare off street RV/boat parking—appealing extras that boost rental desirability. Located within walking distance to Main Street, high school, shopping, banking, restaurants, and pubs, this central location ensures consistent tenant interest. Whether you’re expanding your portfolio, planning a short or long-term rental, or considering redevelopment potential, this downtown bungalow is a solid investment in a high-demand area. ZONED B-1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Main
Area: 154.89
Dimensions: 13.67 x 11.33

Dining room

Features: Living Room Dining

Kitchen

Area: 174.46
Dimensions: 13.25 x 13.17

Living room

Area: 367.88
Dimensions: 27.25 x 13.5

Cooling

Ceiling Fan(s)

Appliances

Included: Range, Refrigerator
Laundry: W/D Hookup

Features

Ceiling Fan(s), Walk-In Closet(s)
Flooring: Hardwood, Vinyl
Windows: Window Coverings, Vinyl, Wood Frames
Basement: Basement-below grade,Unfinished

Interior area

Total structure area: 856
Total interior livable area: 856 sqft
Finished area above ground: 856

Property

Parking

Total spaces: 1
Parking features: Detached Garage
Garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Covered Porch
Frontage length: 150'+ Frontage

Lot

Size: 6,098 Square Feet
Dimensions: 100 x 63
Features: Corner Lot

Details

Additional structures: Garage(s)
Parcel number: 376728160001
Zoning description: Commercial,Residential Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Stick Built

Materials

Wood, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1888

Utilities & green energy

Sewer: Public Sewer
Water: City Water
Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Montrose
Elevation: 5786

Financial & listing details

Price per square foot: $261/sqft
Tax assessed value: $397,340
Annual tax amount: $1,099
Date on market: 5/13/2025
Electric utility on property: Yes

Price history

Date	Event	Price
11/30/2025	Listing removed	$1,800$2/sqft
Source: Zillow Rentals Report a problem
10/28/2025	Price change	$1,800-10%$2/sqft
Source: Zillow Rentals Report a problem
10/7/2025	Listed for rent	$2,000+81.8%$2/sqft
Source: Zillow Rentals Report a problem
7/8/2025	Sold	$223,500-2.8%$261/sqft
Source: CREN #823988 Report a problem
5/20/2025	Contingent	$229,900$269/sqft
Source: CREN #823988 Report a problem
5/13/2025	Listed for sale	$229,900$269/sqft
Source: CREN #823988 Report a problem
12/25/2024	Listing removed	$1,100$1/sqft
Source: Zillow Rentals Report a problem
12/24/2024	Listed for rent	$1,100$1/sqft
Source: Zillow Rentals Report a problem
6/18/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/14/2024	Listed for rent	$1,100+33.3%$1/sqft
Source: Zillow Rentals Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
9/27/2018	Listing removed	$825$1/sqft
Source: Owner Report a problem
9/24/2018	Listed for rent	$825+10%$1/sqft
Source: Owner Report a problem
12/10/2017	Listing removed	$750$1/sqft
Source: Owner Report a problem
12/2/2017	Listed for rent	$750$1/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,633 -14.1%	$26,630 -3.6%
2023	$1,901 +37.8%	$27,620 +42.1%
2022	$1,379 +25.3%	$19,440 -2.8%
2021	$1,100 -0.6%	$20,000 +22%
2020	$1,108	$16,400
2019	$1,108 +20.4%	$16,400 +18.8%
2016	$920 +0.5%	$13,800
2015	$915 +18.6%	$13,800 +10.8%
2014	$772 +0.8%	$12,450
2013	$766 -16.8%	$12,450 -21.4%
2012	$921	$15,830
2011	--	$15,830