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  • $440,000

    729 N 2nd Street, Montrose, CO 81401

    3beds
    1,836sqft
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    Stick Built
    Built in 1936
    6,098 Square Feet Lot
    $436,400 Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Front duplexNewer roofSeparate detached unitBeautiful hardwood floors
    3-Unit investment opportunity in the heart of Montrose! This well-maintained three-unit property offers a strong rental history and excellent income potential in a convenient central location. The property features a front duplex (1,296 sq.ft total) and a separate detached unit (540 sq.ft) in the back, providing a desirable layout that appeals to tenants. Each unit features beautiful hardwood floors, its own outdoor storage space in the shared storage shed, and separately metered gas and electric utilities for added convenience. A newer roof provides peace of mind, while the shared yard with an underground sprinkler system creates an outdoor space for residents. With two of the three units currently rented, the property offers immediate income and continued investment potential. Whether you're looking to add to your investment portfolio or occupy one unit while generating rental income from the others, this is a rare opportunity to own a quality multi-unit property in the heart of Montrose, close to shopping, dining, parks, and everyday amenities.
    21 days
    |
    432
    |
    21
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Covington 970-209-1956,

    RE/MAX Alpine View

    Source: CREN,MLS#: 836545MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Main
      Dining room
      • Features: Kitchen/Dining
      Features
      • Flooring: Hardwood
      • Basement: Partially Finished
      Interior area
      • Total structure area: 1,836
      • Total interior livable area: 1,836 sqft

      Property

      Features
      • Levels: One,Two
      • Stories: 2
      Lot
      • Size: 6,098 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: 376727206010
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch Basement
      • Property subtype: Stick Built
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1936

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Montrose

      Financial & listing details

      • Price per square foot: $240/sqft
      • Tax assessed value: $376,960
      • Annual tax amount: $1,928
      • Date on market: 6/29/2026

        Estimated market value

        $436,400

        $415,000 - $458,000

        $2,187/mo

        Price history

        DateEventPrice
        7/5/2026Contingent$440,000$240/sqft
        Source: CREN #836545 Report a problem
        6/29/2026Listed for sale$440,000$240/sqft
        Source: CREN #836545 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,536 -13.3%$25,260 -1.9%
        2023$1,772 +30.5%$25,750 +36.8%
        2022$1,358 +29.4%$18,820 -4.5%
        2021$1,049 -0.6%$19,700 +26%
        2020$1,056 $15,640
        2019$1,056 +23.4%$15,640 +21%
        2016$856 -0.2%$12,930
        2015$858 +20.3%$12,930 +12.4%
        2014$713 -18.7%$11,500 -23.7%
        2012$876 $15,070
        2011-- $15,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81401

        Getting around

        78 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Open Enrollment
        • Middle: Open Enrollment
        • High: Open Enrollment

        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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