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814 S 7th Street, 
Montrose, CO 81401

$524,800

4

Beds

3

Baths

2,438

Sq Ft

Single Family

Active

Listed by

Justin Covington

RE/MAX Alpine View

970-249-6658

Last updated:

December 27, 2025, 03:13 PM

MLS#

829471

Source:

CO CREN

About This Home

814 S 7th Street

This home offers unique opportunities in Old Town Montrose. A wonderful Single Family Home, OR a sound, proven rental investment @ $3,800 monthly. Totally remodeled and modernized nearly 2500sqft 4 Bed, 3 Bath home w/ a 750sqft Modern Master Suite featuring 17x6 Walk-in Closet w/ Laundry, Large Master Bath, in-slab heat, Private Master Retreat with Kitchenette. ALSO this space would make a fine Multi-Generational Living unit w/ an independent 750sqft apartment with no stairs, Kitchenette and Laundry all on one level OR this house can be Configured as Two Totally independent Living Spaces ONE *3bed *2bath and the other *1bed *1Bath. You will also benefit from a total remodel where, Plumbing, Electrical, Boiler, Kitchen, Bathrooms and every surface has been addressed. New Paint, Flooring, in-Slab Heating, Two Separate Laundries, New Plumbing, Modern Windows and Insulation. A large double lot, with Newly Fenced Yard and Alley access. New PVC Sewer line with RV plumbing (water and sewer) in the back lot ADU footprint. Can provide multiple Recent Rental contracts for $3,800 monthly. Very walkable, Bike Friendly Old Town Montrose. 7% CAP rate can make this a solid investment property. Soil test done for ADU off the alley that will further increase the investment performance. Located in the Montrose Zoning "REDO District" and Federal "Opportunity Zone" both allow Special Development Discounts and Variances along with Unique Tax Benefits

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 2024

Price Summary

524,800

$215 per Sq. Ft.

MLS #:

829471

Last Updated:

December 27, 2025, 03:13 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

1

Interior

Living Area:

2,438 Sq. Ft.

Structure

Structure

Building Area:

2,438 Sq. Ft.

Year Built:

2024

Lot

Lot Size (Sq. Ft):

6,098

Finances & Disclosures

Finances

Price:

$524,800

Price per Sq. Ft:

$215 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.