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204 S Chestnut Street, Cortez, CO 81321

Cortez Original · Montezuma County

Key Facts

3Beds
2Baths
2,028Sq Ft
1946Year Built
0.14Lot (acres)
1Garage
1Stories

Description

BUSINESS, HOME or RENTAL! Lots of options here as this corner lot in Cortez is approximately 2 blocks from Main Street (Hwy 160) and is zoned Neighborhood Business. It is presently used as two apartments (main floor and basement) with a rent potential of $1800 per month. Main floor apartment is a 2BR1BA, spacious with large living room, dining room, laundry room as well as access to a very nice outdoor concrete patio, small baseketball court, yard, privacy fence and a 1 car detached garage. The Basement apartment is a 1BR 3/4BA unit w/a small portion of basement unfinished. No doubt this is an older home and needs upgrades. Great opportunities being located within walking distance to shopping and schools whether you use it as a business, home or a rental.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

1946

Stories

1

Living Area

2,028 sq ft

Lot Size

0.14 acres

Garage Spaces

1

Zoning

Mixed-Use,Residential Sin

MLS® Listing#

834036

Property Features

Appliances

DryerRefrigeratorRangeOvenWasherGas Water Heater

Heating

Natural GasSpace Heater

Flooring

Laminate

Basement

ConcreteWalk-Out Access

Patio

Deck

Construction

Stucco

Windows

Window Coverings

Utilities

Natural Gas Available

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Mesa K-5
Middle:
Cortez 6-8
High:
Montezuma-Cortez 9-12

Financial Details

HOA

None

Annual Taxes

$1,011

Tax year 2025

Parcel Number

561126320012

Directions

Cortez, Main Street to Chestnut, South 2 blocks on SE corner of Chestnut and 2nd.

Affordability Calculator

$56,500

Estimated monthly payment

$1,504/mo

Principal $226,000 · Est. interest $315,290 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cortez, CO

$394,000
Median Listing Price
75
Median Days on Market
1,824
Median Sq Ft
$236
Median Price / Sq Ft
121
Active Listings
  • This home’s price is 28% below the area median.
  • Its price per sq ft is 41% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cortez, CO.

Location

Map showing the location of 204 S Chestnut Street, Cortez, CO 81321

Points of Interest in Cortez, CO

Showing the Cortez area map.

Nearby Schools

  • Cortez Middle School

    Secondary · 0.3 mi away

  • Montzemuna Cortez High School

    Secondary · 0.3 mi away

  • Manaugh Elementary School

    Elementary · 0.3 mi away

  • Cortez Adventist Christian School

    School · 0.4 mi away

  • Montezuma-Cortez School District Re-1

    School · 0.5 mi away

  • Beech Street Preschool

    School · 0.6 mi away

  • Mesa Elementary School

    Elementary · 0.6 mi away

  • Kemper Elementary School

    Elementary · 0.6 mi away

  • Children's Kiva Montessori School

    Elementary · 0.9 mi away

  • Mesa View Head Start

    School · 1.2 mi away

  • Montezuma-Cortez High School

    Secondary · 1.4 mi away

  • Southwest Open School

    Secondary · 1.8 mi away

  • High Desert Early Head Start

    School · 2.0 mi away

  • Lighthouse Christian Academy

    School · 2.9 mi away

  • Lewis-Arriola Elementary School

    Elementary · 9.5 mi away

  • Dolores High School

    Secondary · 10.3 mi away

  • Dolores Elementary School

    Elementary · 10.3 mi away

  • Battle Rock Charter School

    Elementary · 14.0 mi away

  • Mancos Middle School

    Secondary · 16.1 mi away

  • Mancos School District

    Secondary · 16.1 mi away

Commute Calculator

Travel mode

Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Cortez

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Listing Courtesy: eXp Realty, LLC - O: 970-739-0455

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 2026. 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.
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Date Last Updated

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

FAIR HOUSING DISCLAIMER

PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CREN. MLS® Listing#834036. © 2026EXIT Realty®. All rights reserved.