Price Reduction
Listed By:
Norris-Phillips Real Estate, LLC
Address
425 S 5th Street, Montrose, CO
Price
$ 695,000
Property Attributes
  • MLS#835195
  • TypeSingle Family
  • Listing Status Active
  • CountyMONTROSE
  • CityMontrose
  • AreaMontrose City
  • NeighborhoodMontrose City
  • Zip81401
  • StyleRanch
  • Year Built1902
  • Taxes$ 2557
  • Price$ 695,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2184
  • Lot Size0.14 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description

Investment Opportunity Featuring a Main Home + Detached ADU! Rare opportunity to own a unique property with a fully independent Accessory Dwelling Unit (ADU), offering incredible flexibility for multi-generational living, rental income potential, guest accommodations, or a private home office setup. The main residence at 425 S 5th features 4 bedrooms and 2 bathrooms with a spacious open-concept kitchen and dining area designed for comfortable everyday living and entertaining. High ceilings and abundant natural light create a bright, welcoming atmosphere throughout. Enjoy a private backyard with mature outdoor space and convenient off-street parking. The detached ADU at 425 1/2 S 5th, built in 2020, is beautifully maintained and truly turn-key ready. This modern 2 bedroom, 2 bathroom home offers stylish finishes, functional living space, a pantry, walk-in closet, and a walk-in shower. Relax outdoors on the covered back patio overlooking the private fenced backyard, while alley-access parking adds both convenience and privacy. Situated on a spacious city lot with ample outdoor space and off-street parking, this property combines functionality, flexibility, and investment potential all in one. Whether you're looking to offset your mortgage with rental income or create a versatile living arrangement, this property delivers endless possibilities. ADU properties like this are in high demand—don’t miss your chance to own this exceptional opportunity!

Elementary School Middle School High School
Pomona K-5 Elementary School Centennial 6-8 Middle School Montrose 9-12 High School
Price History
5/27/2026 Listed $710,000
8/31/2026 3$695,000

General Features

Heating Boiler,Central Electric
Cooling Evaporative Cooler,Central A/C
Roof Architectural Shingles
Zoning Residential Single Family
Status Active
Bathrooms 4
Year Built 1902
Subdivision Montrose City
Water Heater Electric Water Heater
Style Ranch
Stories Count One Story
County Montrose
Class RESIDENTIAL
Type Stick Built
Tax Year 2025
FIPS Code 08085
HOA Y/N No
New Construction Y/N No
Status Active
Sale/Rent For Sale
Utilities Electric,Natural Gas,Internet - DSL
Energy Star Qualified Y/N No
Green Certification Y/N No
HERS Rated Y/N No
LEED for Homes Y/N No
Other Green Cert. Y/N No
Directions Turn East off Townsend onto S 5th Street,home is on the North Side of the Street 425 1/2 Is easily accessed via the alley. The home has a separate entrance and parking directly behind the primary
High School Montrose 9-12
City Montrose
List Price/SqFt 318.22
Terms 1031 Exchange,Cash,Conventional,FHA,VA
Elementary School Pomona K-5
Middle School Centennial 6-8
DOM 115
Price Per Sq Ft Total AG 318.22
DISCLOSURES Lead Base Paint
Property Attached Y/N No

Interior Features

Flooring Carpet-Partial,Hardwood,Laminate
Furnished Y/N Unfurnished
Beds 6
Full Baths 4
Dining Room Eat-in Kitchen
Appliances Range/Oven,Refrigerator,Dishwasher,Microwave,Other

Exterior Features

Exterior Amenities Patio,Lawn Sprinklers,Covered Porch
Lot Size Area 0.14
RV Parking No
Fence Privacy,Partial Property
Water Well No
Waterfront No
Garage Y/N No
Carport No
Exterior Structures Guest House
Water Rights/Irrig. No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81401

Price
AVG $590K
$700K
Taxes
AVG $2,114
$2,557
Year Built
AVG 2001
1902
Visits
AVG 55
39
Data Provided by Inside Real Estate®