Price Reduction
Listed By:
NextHome Virtual
Address
1011 S 5th Street, Montrose, CO
Price
$ 239,500
Property Attributes
  • MLS#834729
  • TypeSingle Family
  • Listing Status Active
  • CountyMONTROSE
  • CityMontrose
  • AreaMontrose City
  • NeighborhoodLoutsenhizer Addn
  • Zip81401
  • Style
  • Year Built1955
  • Taxes$ 1049
  • Price$ 239,500
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage810
  • Lot Size0.143 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description

Price, potential, and opportunity in the heart of Montrose — seller is willing to work with the right offer. This 810 sq. ft. home offers 1 bedroom and 1 bathroom on a 6,250 sq. ft. lot within the City of Montrose Redevelopment Overlay (REDO) District. Built in 1955, the property offers an opportunity for an investor, buyer looking for an affordable home, or someone ready to bring their own ideas to the property. Conveniently located near downtown Montrose, shopping, dining and amenities. Bring your ideas — and bring your offer. Seller is ready to consider the possibilities.

Elementary School Middle School High School
Johnson K-5 Elementary School Centennial 6-8 Middle School Montrose 9-12 High School
Price History
5/15/2026 Listed $289,500
6/9/2026 6$275,000
9/10/2026 13$239,500

General Features

Heating Floor Furnace
Cooling Window A/C Unit(s)
Roof Asphalt
Zoning Residential Single Family
Status Active
Bathrooms 1
Year Built 1955
Subdivision Loutsenhizer Addn
Water Heater Gas Water Heater
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
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 East on S. 5th. Located on left. Park in the alley. Lockbox is on the north side entrance door.
High School Montrose 9-12
City Montrose
List Price/SqFt 295.68
Terms Cash,Conventional,FHA
Elementary School Johnson K-5
Middle School Centennial 6-8
DOM 118
Price Per Sq Ft Total AG 295.68
Property Attached Y/N No

Interior Features

Flooring Carpet-Partial,Linoleum
Furnished Y/N Unfurnished
Beds 1
Full Baths 1
Dining Room Eat-in Kitchen
SqFt Source Assessor
Appliances Range/Oven,Refrigerator
Primary Bedroom Level Main Level

Exterior Features

Exterior Amenities Shed/Storage
Lot Size Area 0.143
Lot Dimensions 6250 Sq. Ft
RV Parking No
Siding Vinyl
Construction Type Wood Frame
Water Well No
Waterfront No
Garage Y/N No
Carport No
Exterior Structures Shed
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 $580K
$240K
Taxes
AVG $2,119
$1,049
Year Built
AVG 2001
1955
Visits
AVG 56
205
Data Provided by Inside Real Estate®