$10,000 Closing Credit¹
#819508, Karen Srebacic-Sites, Listing office: Karen Srebacic-Sites, Independent Broker
$975,000 List price
858 Reese St Silverton, CO 81433
$10,000
Closing credit¹
4 full
0.2 acres
Multi-Family
Property details
About 858 Reese St
This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, ample bonus and storage space, individual furnaces, and private laundry areas. A fourth unit is currently under renovation, offering value-add potential. Additionally, there's a spacious ~1,000 sq ft garage that could be converted into a fifth apartment unit, further increasing rental income. Enjoy incredible solar gain throughout the building—one unit even boasts a multi-level solarium, perfect for use as a greenhouse or sunroom. Situated on a large corner lot, the property provides ample space for future development. The current zoning allows for an Accessory Dwelling Unit (ADU) by right. Seller financing is available—bring all offers!
Highlights
Home typeMulti Family
StatusActive
Lot size0.17 Acres
MLS #824011
Summary
- Full Bathrooms: 4
- List Price: $975,000
- Annual Tax Amount: $1,286
- Tax Year: 2023
- Directions: Come into Silverton on Greene st. Left on 9th St. Property on cornert of 9th & Reese.
- Lot Size: 0.17 Acres
- MLS Number: 824011
- Office Name: Stellar Mountain Properties Ltd.
- Listing Agent: Melissa Childs
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Last updated on: 6/14/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$975,000
858 Reese St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $31,622 | $1,286 |
| 2022 | $21,396 | $977 |
| 2021 | $22,497 | $1,002 |
| 2020 | $21,093 | $935 |
| 2019 | $21,093 | $935 |
| 2018 | $19,081 | $856 |
History based on county public records data.
Nearby schools
8
Telluride Intermediate School
Public District 3-6
12.3 mi
•447 W Columbia Ave
6
Ridgway Elementary School
Public District PK-5
24.3 mi
•1115 Clinton St
7
Animas Valley Elementary School
Public District PK-5
29.6 mi
•373 Hermosa Meadows Rd
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 $47,618. Typical income of Silverton, CO residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
29%
<35k
61%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
5%
Single, with Kids
21%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
51%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Oldsmobile
Chevrolet
What do the neighbors listen to?
Classic Country
Oldies
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 858 Reese St
The listing price of 858 Reese St property is $975,000.
The property 858 Reese St is a multi located in Silverton, Colorado, 81433.
Active Listing: 858 Reese St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 858 Reese St are: Telluride Intermediate School (GreatSchools Rating 8/10), Ridgway Elementary School (GreatSchools Rating 6/10), Animas Valley Elementary School (GreatSchools Rating 7/10), Telluride Middle School (GreatSchools Rating 8/10), Ridgway Middle School (GreatSchools Rating 7/10), Telluride High School (GreatSchools Rating 7/10), Ouray High School (GreatSchools Rating 7/10), Ridgway High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,286 (source: MLS/based on county public records data).
This home is located at 858 Reese St in Silverton, CO and zip code 81433. Features: 4 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $975,000.
Between April and May 2025, Silverton, CO real estate market has seen increase in the number of listings by 33.3%. Listings spent 107 days on the market in May 2025, and had a median list price of $822,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.