195 Silverview Lane 1-5Durango, CO 81303
Other · La Plata County
Description
Exceptional multi-unit investment opportunity in Durango’s growing Grandview area! Situated on nearly 2 acres just minutes from Mercy Hospital and Three Springs, this fully rented fiveplex offers an established rental property with recent improvements throughout and an excellent location within one of La Plata County’s active development corridors. All five units have now been improved, with three units fully remodeled and the remaining two thoughtfully updated. The five residences are divided between two buildings, with two units in one structure and three in the other. The unit mix includes one 2-bedroom, 1-bath residence and four 1-bedroom, 1-bath residences, providing desirable smaller-footprint housing and a diversified rental configuration for an investor. The elevated property enjoys exceptional mountain views and nearly two acres of land, creating a surprisingly spacious setting while remaining convenient to Durango and nearby services. With all five units currently rented, improvements completed throughout the property, and continued residential and commercial activity in the surrounding Grandview and Three Springs areas, this is a unique opportunity to acquire an established multi-unit investment property in an evolving part of the Durango market.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1973
- Living area
- 3,556 Sq Ft
- Lot size
- 1.80 acres
- Days on market
- 22
- MLS® Listing#
- 839488
Property Features
- Water source
- Private · Well
Schools
- Elementary
- Florida Mesa K-5
- Middle
- Escalante 6-8
- High
- Durango 9-12
Financial Details
- Annual taxes
- $3,066Tax year 2026
- Parcel number
- 566911104006
Directions
From Durango head E on Hwy 160 towards Elmore's Corner. Approximately .25 miles turn right on Silverview Lane. Complex is at the end of the road on the left.
Listing Courtesy: EXIT Realty Home & Ranch
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Real Estate listings held by companies other than EXIT Realty contain that company's name.
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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.
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