Uc/contingent/call lb

$264,888

614 & 616 Chipeta Road, Montrose, CO 81403

4beds

0baths

2,458sqft

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Duplex

Built in 1940

-- sqft lot

$261,900 Zestimate^®

$108/sqft

$-- HOA

What's special

Workshop areaWalkout basement garageMature fruit treesLarge irrigated yardOffice space

Investment opportunity with value-add potential. Duplex situated on 0.54 acres with 0.5 shares of UVWUA irrigation water. Located in Montrose County with public sewer service. Units are separately metered for gas and electric and share a water meter. UNIT 614 offers 1,338 sq. ft. with 3 (one non-conforming) bedrooms, 1.5 baths, an attached 1-car garage, and a 1,058 sq. ft. unfinished basement. UNIT 616 offers 1,120 sq. ft. with 1 bedroom, .75 bath, office space, walkout basement garage, and workshop area. Large irrigated yard with mature fruit trees. The "As-Is" property requires updating and repairs but offers multiple possibilities for renovation, rental income, or owner-occupancy. Convenient location within walking distance of Baldridge Regional Park and the Montrose Rotary Amphitheater, with easy access to downtown amenities.

15 days

1,075

59

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 0

Dining room

Features: Eat-in Kitchen, Living Room Dining

Cooling

Evaporative Cooling

Appliances

Included: Range, Refrigerator

Features

Flooring: Carpet, Laminate, Vinyl, Wood
Basement: Unfinished,Walk-Out Access
Has fireplace: Yes
Fireplace features: Den/Family Room, Gas Log, Glass Doors

Interior area

Total structure area: 2,458
Total interior livable area: 2,458 sqft

Property

Parking

Total spaces: 4
Parking features: 2 per unit, Gravel, Off Street, Attached Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Valley

Lot

Size: 0.54 Acres
Features: Near Golf Course

Details

Parcel number: 376733200014
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Masonite
Roof: Metal

Condition

New construction: No
Year built: 1940

Utilities & green energy

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

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Montrose

Financial & listing details

Price per square foot: $108/sqft
Annual tax amount: $1,883
Date on market: 6/10/2026
Listing terms: 1031 Exchange,Cash,Conventional
Has irrigation water rights: Yes
Road surface type: Paved

Estimated market value

$261,900

$249,000 - $275,000

$1,495/mo

Price history

Date	Event	Price
6/17/2026	Contingent	$264,888$108/sqft
Source: CREN #835815 Report a problem
6/10/2026	Listed for sale	$264,888$108/sqft
Source: CREN #835815 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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

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