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5 Baths
3,408 sqft

$1,695,000

232 Main Street, Ouray CO, 81427

Price per sqft$497.36
Built in1888
Property size3,408 sqft
Property typeMulti-family
Listed by Lee Ann Parden with Wild West Realty, LLC 970-318-6740

Overview

Active

Listed Sep 23, 2026

Updated 2 weeks ago

Exceptional investment opportunity that has it all: LOCATION, CAP RATE of 7%, and EXEMPTION from City's STR rules/guidelines/STR taxes - all due to its zoning! Situated on Main St in the heart of beautiful Ouray Colorado, otherwise known as the Switzerland of America, this turn key property has 5 separate fully remodeled 1 bedroom, 1 bath apartments. Currently being operated as an STR with an attractive return on investment , the property also has the opportunity to be long term rentals or a residence. With its expansive upper balcony, it boasts some of the "best seats in the house" for magical mountain views and the renowned City of Ouray's fireworks shows on July 4th and NYE. All current bookings can transfer with a sale, providing a new owner with income from Day 1. Come explore this one of a kind opportunity!

$11,277/mo

Est. mortgage payment based on a $1,695,000 home price.

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

Additional information

MLS® ID
839303

Interior Features

Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Garage
Yes
View
Yes

Listed by Lee Ann Parden with Wild West Realty, LLC 970-318-6740


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Data last updated on: 9/23/2026

 

 

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