Sold cren member

$900,000

400 S Pythian Avenue, Montrose, CO 81401

9beds

3,498sqft

Apartment

Built in 1974

-- sqft lot

$911,300 Zestimate^®

$257/sqft

$1,865 Estimated rent

Home value

$911,300

$857,000 - $966,000

$1,865/mo

Zestimate^® history

Owner options

List your home for rent

$1,865/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,865/mo

Rent Zestimate^®

Refinance and save

$5,050/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$5,050/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Rare Montrose investment opportunity—this well-located 4-plex is fully leased on year-long terms and positioned for steady, reliable income. Just steps from Centennial Middle School and downtown Montrose (Main & Townsend), the property benefits from strong tenant demand and walkable convenience. The unit mix includes one 3-bed/1-bath unit with a 2-car garage and three 2-bed/1-bath units. With full occupancy, a prime location, and proven cash flow, this is a turnkey asset investors won’t want to miss. Now is your opportunity to invest in a 4 plex.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 4

Dining room

Features: Eat-in Kitchen

Cooling

Other

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Features

Flooring: Carpet, Vinyl

Interior area

Total structure area: 3,498
Total interior livable area: 3,498 sqft
Finished area above ground: 3,498

Property

Parking

Total spaces: 2
Parking features: Attached Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 0.28 Acres
Features: Corner Lot

Details

Parcel number: 376727405001
Zoning description: Residential Multi Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Wood Siding
Roof: Architectural Shingles

Condition

New construction: No
Year built: 1974

Utilities & green energy

Water: City Water

Community & HOA

Community

Features: Other
Subdivision: None

HOA

Has HOA: No

Location

Region: Montrose

Financial & listing details

Price per square foot: $257/sqft
Annual tax amount: $2,458
Date on market: 1/17/2026
Listing terms: 1031 Exchange,Cash,Conventional

Price history

Date	Event	Price
2/23/2026	Sold	$900,000+0.1%$257/sqft
Source: CREN #831029 Report a problem
1/23/2026	Contingent	$899,000$257/sqft
Source: CREN #831029 Report a problem
1/17/2026	Listed for sale	$899,000+2.7%$257/sqft
Source: CREN #831029 Report a problem
4/4/2024	Sold	$875,000$250/sqft
Source: CREN #811237 Report a problem
3/15/2024	Contingent	$875,000$250/sqft
Source: CREN #811237 Report a problem
3/2/2024	Listed for sale	$875,000$250/sqft
Source: CREN #811237 Report a problem