470 Burns Ignacio, CO 81137
Property details
About 470 Burns
Looking for a solid multi family investment opportunity with room to increase rents and equity? This is it. Offering 6 total units, all 2 bedrooms and 1.5 bathrooms. The apartment is centrally located in Ignacio, walking distance to schools, grocery store, church, etc... The demand for rental units such as this has never been higher in our market place. The exterior was repainted and stucco repaired in 2020. The interiors (5 of 6 units) were all painted in 2020. Sellers have replaced 1 furnace and 2 hot water heaters during their ownership. They have also upgraded 2 units with LVP flooring. Stable income, consistent demand, opportunity to raise rents... investment properties like this one don't come up very often in our Durango area market. Act now!
Highlights
Summary
- MLS Number: 820261
- Office Name: Keller Williams Realty Southwest Associates, LLC
- Listing Agent: Katherine Sumrall-Griego
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$715,000
470 Burns
$8,491
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Ignacio Elementary School
Public District KG-5
0.1 mi
•85 County Road 320
5
Bayfield Elementary School
Public District 2-5
8.8 mi
•720 E Oak Dr
5
Florida Mesa Elementary School
Public District PK-5
11.6 mi
•216 Highway 172
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $43,950. The most common annual income of people living in Ignacio, CO is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
This home is located at 470 Burns in Ignacio, CO and zip code 81137. This 5,760 square foot home sits on a 0.43 acre lot. Features: 12 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $715,000.
Between January and February 2025, Ignacio, CO real estate market has seen increase in the number of listings by 42.9%. In February 2025, listings were on the market for 109 days. During the same period, the median list price in this real estate market was $607,000.