
1011 S 5th Street, Montrose, CO 81401
Loutsenhizer Addn · Montrose County
Key Facts
Description
Seize this investment opportunity. Discover the potential in this classic 1955 single-family home, perfectly positioned on a generous 6,250-square-foot lot within the City of Montrose’s Redevelopment Overlay (REDO) District. Featuring 1 bedroom and 1 bathroom, this 810 sq. ft. wood-frame residence is an ideal fit for those seeking a cozy lifestyle, a strategic starter home, or a high-potential investment property in the heart of Montrose.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1955
Stories
1
Living Area
810 sq ft
Lot Size
0.14 acres
Zoning
Residential Single Family
MLS® Listing#
834729
Property Features
Interior
Appliances
Cooling
Heating
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Johnson K-5
- Middle:
- Centennial 6-8
- High:
- Montrose 9-12
Financial Details
HOA
None
Annual Taxes
$1,050
Tax year 2025
Parcel Number
376727405006
Directions
East on S. 5th. Located on left. Park in the alley. Lockbox is on the north side entrance door.
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Montrose, CO
- $557,407
- Median Listing Price
- 72
- Median Days on Market
- 1,823
- Median Sq Ft
- $298
- Median Price / Sq Ft
- 360
- Active Listings
- This home’s price is 51% below the area median.
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Montrose, CO.
Location
Points of Interest in Montrose, CO
Showing the Montrose area map.
Nearby Schools
Centennial Middle School
Secondary · 0.1 mi away
Passage Charter School
School · 0.4 mi away
Pomona Elementary School
Elementary · 0.6 mi away
Montrose High School
Secondary · 0.6 mi away
Columbine Middle School
Secondary · 0.6 mi away
Peak Virtual Academy
School · 0.8 mi away
Northside Elementary
Elementary · 0.8 mi away
Vista Charter School
Secondary · 1.0 mi away
Schools-Public Vocational Programs
School · 1.0 mi away
Outer Range
School · 1.0 mi away
Montrose County School District Re-1j
School · 1.0 mi away
Vista Charter High School
Secondary · 1.0 mi away
Colorado West Christian School
School · 1.2 mi away
Pope John Paul II Academy
School · 1.6 mi away
Johnson Elementary School
Elementary · 1.8 mi away
Cottonwood Elementary School
Elementary · 2.5 mi away
Oak Grove Elementary School
Elementary · 3.7 mi away
Olathe High School
Secondary · 10.6 mi away
Olathe Elementary School
Elementary · 11.0 mi away
Delta High School
Secondary · 19.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 901 6530 Road 1309, Montrose, CO | $199,000 | 2 | 2 | 1,188 |
| 901 6530 Road 3007, Montrose, CO | $209,900 | 4 | 2 | 2,052 |
| 326 W Main Street, Montrose, CO | $214,888 | 3 | 1 | 1,056 |
| 901 6530 Road 3414, Montrose, CO | $219,000 | 3 | 2 | 1,680 |
| 535 S 11Th Street 8, Montrose, CO | $229,900 | 2 | 1 | 825 |
| 945 N Selig Avenue, Montrose, CO | $233,000 | 3 | 1 | 1,076 |
Moving Cost Estimate
EXIT Agents in Montrose
Listing Courtesy: NextHome Virtual
FULL CREN Disclaimer
Real Estate listings held by companies other than NextHome Virtual contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.

















