Skip To Content

195 Silverview Lane , 1-5

Durango, CO 81303
  • $1,375,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 823550
UPDATED: 42 min ago
$1,375,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,556
    SQFT
  • $387
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of EXIT Realty Home & Ranch: 970-247-3948.


Description

Exceptional Multi-Unit Investment Property in Fast-Growing Grandview " Nearly 2 Acres with Mountain Views Discover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata Countys most active development corridors. Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildings"two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the areas demand for quality, smaller-footprint housing. Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand. Dont miss this outstanding investment opportunity in one of Durangos most strategic growth areas with breathtaking views.

Monthly Payment Calculator

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-05-16T09:56:30.593.
www.michellebrownhomes.com/homes/163250551
Print Image

195 Silverview Lane , 1-5 Durango, CO 81303

  • Price: $1,375,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 42 min ago
  • MLS #: 823550
0
Beds
5
Baths
0
½ Baths
1.8
Acres
3,556
SQFT
$387
$/SQFT
1973
Built
Neighborhood:
Other
County:
La Plata
Area:
Durango Rural
Elementary School:
Florida Mesa K-5
Middle School:
Escalante 6-8
High School:
Durango 9-12
Property Description
Exceptional Multi-Unit Investment Property in Fast-Growing Grandview " Nearly 2 Acres with Mountain Views Discover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata Countys most active development corridors. Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildings"two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the areas demand for quality, smaller-footprint housing. Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand. Dont miss this outstanding investment opportunity in one of Durangos most strategic growth areas with breathtaking views.
Exterior Features

Carport No Garage No Property Attached No Water Well Yes Waterfront YN No

Interior Features

One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 2 Unit2 Baths 1 Unit2 Bedrooms 1 Unit3 Baths 1 Unit3 Bedrooms 1 Unit4 Baths 1 Unit4 Bedrooms 1 Unit5 Baths 1 Unit5 Bedrooms 1

Property Features

Covenants NO Green Certification No Hoa No Horse Setup No Multi Story No New Construction YN No Reo Lender Owned No Tax Year 2024 Total Taxes 2251.72 Type Fiveplex Water Rights No

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-05-16T09:56:30.593.
 
https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_823550-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_823550-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_823550-2.jpg
Logo
Michelle Brown Homes | Blackmore Group
2901 Main Avenue
Durango CO, 81301
Listing courtesy of EXIT Realty Home & Ranch: 970-247-3948.