#824974, Mike McAliney, Listing office: Harmony Real Estate, LLC
$2,395,000 List price
610 E 3rd Ave Durango, CO 81301
6 full
0.3 acres
Multi-Family
Property details
About 610 E 3rd Ave
Multi-Family Investment Property – Prime Downtown Location Offered at $2,395,000 | 4.5% Cap Rate | $526.95 PSF A rare opportunity to own a 6-unit complex located in the heart of downtown Durango. This well-maintained asset includes a mix of one- and two-bedroom units, and garages, currently generating $10,500 in monthly income. Property Highlights: – 6 Units, 3 Two-bedroom & 3 One-Bedroom – Downtown Location, Close to shops, restaurants, and transit – On-Site Parking + Garages, Added convenience and rental value – Recent Capital Improvements, Roof, HVAC, and sewer updates completed – Mixed-Use Zoning, Flexible investment potential – Listing Cap Rate: 4.5%
Highlights
Home typeMulti Family
StatusActive
(NEW)
(NEW)
Lot size0.26 Acres
MLS #826671
Garage2 spaces
Summary
- Full Bathrooms: 6
- Garage Space: 2 spaces
- List Price: $2,395,000
- Annual Tax Amount: $2,701
- Tax Year: 2022
- Directions: Located at the northeast corner of E 3rd Avenue and College Drive in downtown Durango.
- Lot Size: 0.26 Acres
- MLS Number: 826671
- Office Name: Alpenglow Properties LLC
- Listing Agent: Christian Caldwell
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Last updated on: 7/18/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 24, 2021 | Home Sold | $1,125,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $70,690 | $- |
| 2022 | $66,440 | $2,701 |
| 2021 | $69,310 | $2,751 |
| 2020 | $69,590 | $2,675 |
| 2019 | $76,470 | $2,812 |
| 2018 | $73,440 | $2,667 |
| 2017 | $73,440 | $2,608 |
History based on county public records data.
Nearby schools
8
Park Elementary School
Public District PK-5
0.3 mi
•510 E 6th Ave
5
Needham Elementary School
Public District PK-5
1.5 mi
•2425 W 3rd Ave
5
Riverview Elementary School
Public District PK-5
1.9 mi
•2900 Mesa Ave
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 $56,296. Typical income of Durango, CO residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
24%
<35k
55%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
5%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
42%
18-34 yrs old
35%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Soccer
College Football
Pro Wrestling
Where do the neighbors shop?
Old Navy
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Jimmy Johns
Sonic
Dominos Pizza
What do the neighbors drive?
GMC
Kia
Ford
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 610 E 3rd Ave
The listing price of 610 E 3rd Ave property is $2,395,000.
The property 610 E 3rd Ave is a multi located in Durango, Colorado, 81301.
Active Listing: 610 E 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 610 E 3rd Ave are: Park Elementary School (GreatSchools Rating 8/10), Needham Elementary School (GreatSchools Rating 5/10), Riverview Elementary School (GreatSchools Rating 5/10), Miller Middle School (GreatSchools Rating 5/10), Mountain Middle School (GreatSchools Rating 8/10), Escalante Middle School (GreatSchools Rating 5/10), Southwest Colorado Eschool (GreatSchools Rating 4/10), Durango Big Picture High School (GreatSchools Rating 2/10), Colorado Connections Academy @ Durango (GreatSchools Rating 4/10).
According to the records, the last property tax for 2022 is $2,701 (source: MLS/based on county public records data).
The last sale was on September 24, 2021 for $1,125,000 (source: MLS/tax record).
This home is located at 610 E 3rd Ave in Durango, CO and zip code 81301. Features: 6 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $2,395,000.
The number of listings in Durango, CO increased by 30.9% between May and June 2025. The median list price of listings available in June 2025 was $998,000, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.