Proven Rental Income in Gunnison Colorado. This single family home with attached one bedroom apartment and a separate duplex accessory unit, for a total of four units. Three are one bedroom/one bath and the other is three bedroom/two bath. The advantage to this property is the flexibility to configure the amount of rental units. The new buyer could change the house back into a single family home while still generating a nice income from the duplex accessory unit. Other nice features of the property are a nice large yard with mature trees, large detached garage, work shop, storage shed and plenty of room to park. Located in a great part of Gunnison, near the schools, library and with riding distance of Western Colorado University, Gunnison Valley Health and downtown. This property is perfect for someone looking for a monthly income with potential to grow. This property as it is currently rented generates $4200.00 in monthly income as it is currently rented.
Sold cren member
$650,000
700 W Ruby Avenue, Gunnison, CO 81230
6beds
3,263sqft
Quadruplex
Built in 1976
-- sqft lot
$809,000 Zestimate®
$199/sqft
$2,199 Estimated rent
Home value
$809,000
$736,000 - $890,000
$2,199/mo
Zestimate® history
Owner options
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$2,199/mo
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$3,642/mo
Est. payment
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$3,642/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Fred Sandusky 970-209-8753,
Coldwell Banker Mountain Properties
Bought with:
Ryan Jordi, ER100072703
TAVA Real Estate
Source: CREN,MLS#: 804409
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 2
Appliances
- Included: Dryer, Range, Washer
Features
- Flooring: Carpet, Wood
- Basement: Crawl Space
Interior area
- Total structure area: 3,263
- Total interior livable area: 3,263 sqft
Property
Parking
- Total spaces: 4
- Parking features: 2-10 Total Spaces, Detached Garage
- Garage spaces: 1
Features
- Levels: One,Two
- Stories: 2
Lot
- Size: 0.28 Acres
- Dimensions: 100 x 125
- Features: Corner Lot
Details
- Parcel number: 370135405007
- Zoning description: Residential Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: City Sewer
- Water: City Water
- Utilities for property: Metered for Electricity, Metered for Gas, Metered for Water
Community & neighborhood
Location
- Region: Gunnison
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 4200
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2023 | Sold | $650,000-14.4%$199/sqft |
Source:  CREN #804409 Report a problem | ||
| 7/26/2023 | Contingent | $759,000$233/sqft |
Source: CREN #804409 Report a problem | ||
| 6/8/2023 | Listed for sale | $759,000+79.9%$233/sqft |
Source: CREN #804409 Report a problem | ||
| 6/8/2018 | Sold | $422,000+1%$129/sqft |
Source: Public Record Report a problem | ||
| 10/30/2008 | Sold | $418,000+255.7%$128/sqft |
Source: Public Record Report a problem | ||
| 7/28/2005 | Sold | $117,500$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,281 +1.7% | $50,630 +6.4% |
| 2024 | $2,242 +1% | $47,580 +1.8% |
| 2023 | $2,220 +11.7% | $46,760 +26.4% |
| 2022 | $1,988 +18% | $36,980 -3.6% |
| 2021 | $1,685 | $38,350 +27.1% |
| 2020 | $1,685 +17.2% | $30,170 -0.7% |
| 2019 | $1,438 | $30,380 +18.8% |
| 2018 | $1,438 | $25,570 |
| 2017 | $1,438 -1.2% | $25,570 -7.7% |
| 2016 | $1,455 +100.5% | $27,690 |
| 2015 | $726 | $27,690 +9.2% |
| 2014 | -- | $25,360 -18.9% |
| 2012 | -- | $31,270 |
| 2011 | -- | $31,270 -0.4% |
| 2010 | -- | $31,390 |
| 2009 | -- | $31,390 |
Find assessor info on the county website
Neighborhood: 81230
Nearby schools
GreatSchools rating
- 8/10Gunnison Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Gunnison Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Gunnison High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Gunnison 1-5
- Middle: Gunnison 6-8
- High: Gunnison High 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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- Colorado
- Gunnison County
- Gunnison
- 81230
- 700 W Ruby Avenue
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