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3 Beds
1 Bath
1,076 sqft

$233,000

945 N Selig Avenue, Montrose CO, 81401

Price per sqft$216.54
Built in1940
Property size1,076 sqft
Property typeResidential
Listed by Diane Haynes with CENTURY 21 Elevated Real Estate 970-596-3521

Overview

Active

Listed Sep 29, 2025

Updated 2 weeks ago

NO HOA or Covenants! Prime Development Opportunity Situated on a large .37-acre lot, this 3-bedroom, 1 full bath property offers exceptional redevelopment potential. Convenient in-town location close to shopping, schools, and amenities adds to its long-term value. A new roof has been added to this property Located within the City’s REDO (Redevelopment Overlay) District, this property presents multiple value-add possibilities. Investors may explore adding an ADU (Accessory Dwelling Unit) to increase rental income or consider higher-density redevelopment options such as a duplex or triplex (buyer to verify all intended uses with the city). The existing home has been utilized as a rental property and provides the option to renovate, hold as income-producing property, or redevelop the site. A 6’ x 20’ shed offers additional storage. . Seller has not occupied the property; no Seller’s Property Disclosure will be provided. Property is being sold in its current condition. Strong opportunity for investors seeking land use flexibility and future upside.

$1,550/mo

Est. mortgage payment based on a $233,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
828839

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.37 Acres

Other Property Details

Taxes
$930
Tax Frequency
Annually

Listed by Diane Haynes with CENTURY 21 Elevated Real Estate 970-596-3521


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Data last updated on: 9/23/2026

 

 

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