35 & 37 S Nevada Avenue, Montrose, CO 81401
Montrose City · Montrose County
Key Facts
Description
Opportunity awaits at 35 & 37 Nevada Ave. in the heart of Historic Downtown Montrose! This Victorian-style duplex offers charm, flexibility, and incredible potential just one block off Main Street. Whether you’re looking for an investment property, live/work opportunity, or multi-unit residence, this unique property is ready for your vision. Situated on a landscaped corner lot with mature trees, this property features two separate units totaling 1,668 sq ft. The upstairs unit offers 1 bedroom and 1 bathroom, while the lower unit includes 3 bedrooms and 1.5 bathrooms. At one time, the ground-level unit operated as a full-service hair salon while the upstairs served as residential tenant space, creating exciting possibilities for future use. Inside, you’ll find thoughtfully designed kitchens that maximize efficiency and functionality, laminate and carpet flooring throughout, and bathrooms with walk-in shower units and single vanities. While the property could use some updating, the price reflects the opportunity to restore and personalize this iconic Victorian duplex to its full potential. Exterior features include a small covered front porch, a circular drive around the back of the property, off-street parking access, a storage shed, wood siding, and a shingle roof. The unbeatable location places you within walking distance of restaurants, nightlife, parks, schools, the hospital, medical offices, and local transit pick up sites. Whether you’re an investor seeking rental income, an entrepreneur looking for a mixed-use setup, or a buyer who appreciates historic character and downtown living, this property is packed with potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1900
Living Area
1,968 sq ft
Lot Size
0.15 acres
MLS® Listing#
835290
Property Features
Heating
Flooring
Basement
Parking
Lot Features
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$2,026
Parcel Number
376727228005
Directions
From Main St and Townsend Ave. Head East on Main Street then right onto S Nevada Ave. Property is located on the left on the NE corner of So. 1st. & Nevada Ave.
Affordability Calculator
$89,000
Estimated monthly payment
$2,368/mo
Principal $356,000 · Est. interest $496,652 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Montrose, CO
- $557,798
- Median Listing Price
- 72
- Median Days on Market
- 1,848
- Median Sq Ft
- $299
- Median Price / Sq Ft
- 372
- Active Listings
- This home’s price is 20% below the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Montrose, CO.
Location
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Points of Interest in Montrose, CO
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Lot 113-B-1A Stone Bridge Drive, Montrose, CO | $315,000 | — | — | — |
| 1652 Rhine Court, Montrose, CO | $315,000 | 2 | 2 | 1,354 |
| 512 N 5th Street, Montrose, CO | $315,000 | 1 | 1 | 948 |
| 1305 Animas Street, Montrose, CO | $319,000 | 2 | 2 | 1,065 |
| 1524 Arizona Street, Montrose, CO | $319,000 | 3 | 3 | 1,680 |
| 111 S 4th Street, Montrose, CO | $320,000 | 2 | 1 | 829 |
Moving Cost Estimate
EXIT Agents in Montrose
Listing Courtesy: Keller Williams Realty Southwest Associates, LLC - Montrose
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Real Estate listings held by companies other than Keller Williams Realty Southwest Associates, LLC - Montrose contain that company's name.
Fair Housing Disclaimer
Date Last Updated
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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.