Don't Miss This Exceptional Multifamily Investment Opportunity at 216 S. 14th Street in Gunnison! This is a rare opportunity to own one of Gunnison's newer multifamily projects with immediate income potential and significant room for future development. The existing duplex features two spacious 3-bedroom, 3.5-bath units, each offering approximately 1,560 square feet of living space, a 160-square-foot private outdoor deck, and an impressive 460-square-foot two-car garage. Designed with comfort and efficiency in mind, each unit features radiant in-floor heat throughout, on-demand hot water, and durable laminate flooring. The spacious floor plans provide plenty of room for full-time residents, workforce housing, or long-term investment use. What truly sets this property apart is the additional development potential. The vacant land provides the opportunity to continue the project with two additional duplex buildings, potentially bringing the property to a total of six units. Infrastructure is already well underway, with the electric transformer and underground electrical sleeves in place. Sewer service has been tapped to the lot, and water taps for the additional units have already been paid for but are not yet installed. Whether you are looking for a turnkey multifamily investment, an opportunity to expand your rental portfolio, or a chance to complete a larger residential development in Gunnison, 216 S. 14th Street offers a combination of existing quality construction and future upside that is hard to find. Don't miss this opportunity to own and expand one of Gunnison's newer multifamily projects!
Duplex now available in the heart of Gunnison, walking distance to RTA bus-stop, shopping and town amenities. 404 and 406 S. 11th offer 2 bedrooms, 1 bath, kitchen and living area for each unit. Each unit has a fenced in yard and off-street parking with City of Gunnison water, sewer and electric. Atmos gas is available and each unit has individual meters for all utility services. The property will be sold As-Is. Unit 406 is vacant and easy to see with notice. 404 is occupied with a lease in place and must be honored. Viewings for 404 require 48 hours notice. Gunnison is home to Western Colorado University. The County of Gunnison is known for abundant recreational opportunities to ski, hike, hunt, enjoy white water rafting and the local White Water park, Hartman's Recreational Area for mountain biking and winter cross country skiing. Call for information and your tour.
Exceptional income-producing opportunity in the heart of Gunnison. This versatile three-unit multi-family property offers strong rental history with current leases in place and an unbeatable location adjacent to the hospital, just minutes from Western Colorado University and downtown Gunnison. Walk or bike to restaurants, shopping, campus, parks, and everyday amenities. The property features three distinct living spaces that provide excellent tenant flexibility and strong income potential. The front house offers 2 bedrooms, 1 bathroom, private yard space, and desirable street frontage creating a true single-family feel. The efficient middle unit features a private entrance, small fenced yard area, 1 bedroom, 1 bathroom, and an updated kitchen that maximizes functionality and appeal. At the rear of the property, the newer-style back house includes 4 bedrooms, 2 bathrooms, alley access, ample parking, and durable concrete flooring ideal for long-term rental use. A detached garage provides valuable additional storage for owners or tenants. With multiple units, strong rental demand, and a highly walkable location near campus and downtown, this is an outstanding opportunity for investors or owner-occupants seeking supplemental income in the Gunnison market.
Don't miss this exceptional investment opportunity in the heart of Gunnison! Located at 515 & 517 N. 12th St., this well maintained duplex offers the perfect setup to live in one unit while generating income from the other. Unit 515 features 1,070 square feet of comfortable living space with 2 bedrooms and 1 bath. This garden-level unit includes a beautifully remodeled bathroom finished with elegant marble tile. Unit 517 offers 1,048 square feet, also with 2 bedrooms and 1 bath, highlighted by an updated kitchen and a bathroom featuring travertine tile, a pedestal sink, and garden-level bedrooms for a cozy, private feel. Both units are equipped with their own washer and dryer, adding convenience for tenants or owner-occupants. The property totals 2,118 square feet and includes a detached garage with a one-car bay, while the other half has been converted into a dedicated storage space for tenant or owner use. Additional features include a sprinkler system, off street and on street parking, and west facing decks for both units; perfect for enjoying Colorado sunsets. Ideally situated between local schools and close to an RTA bus stop and nearby walking trails. This location offers both convenience and lifestyle appeal. Each unit is separately metered for electricity, while the owner covers water and sewer. Both units are currently rented, making this a turnkey investment with immediate income potential. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this Gunnison duplex is an opportunity you won't want to pass up!
4 individual townhomes in one package deal located in Gunnison, Colorado! No HOA, recently subdivided & ready for an inventor or employer to provide essential housing options within the community. Each unit includes 3-bedroom, 2.5-bath residences offering a perfect blend of modern finishes and functional design. Step inside to an inviting open-concept main level, where the living, dining, and kitchen areas flow seamlessly together. The space is enhanced by new LVP flooring throughout and a thoughtfully redesigned kitchen featuring custom maple cabinetry, wood countertops, and brand-new stainless steel appliances. Convenience meets comfort with a main-level half bath and a dedicated laundry area, tucked away from the primary living space. A rear door leads to a small private yard complete with a storage shed, perfect for keeping outdoor gear, tools, or seasonal items organized. Upstairs, you'll find new carpet throughout, along with a spacious primary suite complete with a fully remodeled en-suite bathroom showcasing custom tile work and a walk-in shower. Two additional bedrooms and a full bathroom complete the upper level, with each room offering generous closet space and abundant natural light from large windows. No HOA dues and ready to occupy! Ideally located near Gunnison schools, the Van Tuyl trail system, and public access to the Gunnison River, these townhomes also provide easy connectivity to the recreational path leading to Whitewater Park, making it simple to enjoy everything Gunnison has to offer.
Opportunities like this in Downtown Gunnison are few and far between. Located at 709 W. New York Avenue, this unique property offers three separate units and a wide range of possibilities for both investors and locals looking to offset ownership with income. The front home, originally built in the late 1800s, carries historic character and presents a compelling opportunity for renovation, redevelopment, or continued use as a rental. Behind it, two newly constructed units (completed in 2024) bring a modern contrast with thoughtful design and functionality. Unit 2 features two bedrooms and one bathroom, with private balconies off each bedroom and the kitchen, perfect for enjoying Gunnison's fresh air or grilling year-round. A heated two-car garage adds convenience, along with laundry and additional storage. Unit 3 offers a larger footprint with three bedrooms and two bathrooms, a spacious main living area, and an expansive covered deck. Each bedroom upstairs includes its own vanity and access to outdoor space, creating a comfortable and private setup. The layout is flexible, with a lower-level bedroom and bath ideal for a home office or separate living space. The large, heated two car garage with additional laundry and storage is a huge bonus. With no HOA and a central in-town location, this property offers flexibility, income potential, and long-term upside in the heart of Gunnison.
Positioned in a highly desirable location just blocks from downtown and the university, 216 N Taylor Street presents a strong opportunity for investors seeking stable cash flow and long-term appreciation. This well-maintained 4-plex offers consistent rental demand thanks to its proximity to shopping, dining, campus amenities, and local employers. The property features four thoughtfully designed apartments, each offering 2 bedrooms and 1 full bathroom. Every unit includes its own private entrance and a full kitchen, providing tenants with comfort, privacy, and functionality that supports long-term occupancy. The practical layouts appeal to a wide range of renters, including students, professionals, and local workforce tenants. Tenants benefit from convenient off-street parking, helping reduce congestion and adding everyday ease. The property also offers shared outdoor space, creating an inviting area for residents to relax and enjoy time outside. A shared on-site laundry area adds additional convenience and value for residents. With a solid rental history and proven performance, this property provides investors confidence in its income stability. Whether you are looking to expand your portfolio or secure a well-located multifamily asset in a strong rental market, 216 N Taylor Street delivers on both location and livability.
Here is a great opportunity to own income producing property on the Gunnison River. This 5 unit property offers great rental history and flexibility. An owner could live in one while renting out the others, slowly make changes to each unit while still maintaining steady rental income or leave it as is. Each unit has 1 bedroom and 1 bath with 2 entrances, one on the street side and one facing the river. This property boasts approximately 150 feet of Gunnison River frontage. With this beautiful setting, a buyer could create a successful vacation rental business as well (subject to Gunnison County guidelines). Close to town, but tucked away on the river, own your own money making slice of paradise.
Don't miss out on your chance to own this income producing 5 plex! Located just one block away from Western State Colorado University with easy access across the street to public transportation and Legion park. All units can be rented out long term or you can fix up the main house to either live in yourself or turn it into a vacation rental for your own use and it's income potential. With Legion Park directly across the street you will be in the center of summer fun with bands playing every Sunday afternoon. Your options with this unique opportunity are endless. Gross Income, Annual Expenses, Net Operating Income & Cap Rate in the Property Details Section are approximate and based on actual rents received, projected rents based on current leases and current/projected expenses. The main House is a 3 bed 2 bath, Above Grade Living Area 1,436 sq ft, Unfinished Basement 588 sq ft. 1 story duplex units # 1 & 2 are both studio apartments, Above Grade Living Area 587 sq ft. 2 story duplex units # 3 - 4 are both 1 bed 1 bath with a kitchen/ dinning area. Above Grade Living Area 731 sq ft.
Gunnison is located in Colorado. Gunnison, Colorado has a population of 6,459. Gunnison is more family-centric than the surrounding county with 33.12% of the households containing married families with children. The county average for households married with children is 31.73%.
The median household income in Gunnison, Colorado is $46,324. The median household income for the surrounding county is $63,341 compared to the national median of $69,021. The median age of people living in Gunnison is 24.8 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of -3.9 degrees. The average rainfall is approximately 10.5 inches per year, with 48.4 inches of snow per year.
