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Opportunity awaits at 35 & 37 Nevada Ave. in the heart of Historic Downtown Montrose! This Victorian-style duplex offers charm, flexibility, and incredible potential just one block off Main Street. Whether you're looking for an investment property, live/work opportunity, or multi-unit residence, this unique property is ready for your vision. Situated on a landscaped corner lot with mature trees, this property features two separate units totaling 1,668 sq ft. The upstairs unit offers 1 bedroom and 1 bathroom, while the lower unit includes 3 bedrooms and 1.5 bathrooms. At one time, the ground-level unit operated as a full -service hair salon while the upstairs served as residential tenant space, creating exciting possibilities for future use. Inside, you'll find thoughtfully designed kitchens that maximize efficiency and functionality, laminate and carpet flooring throughout, and bathrooms with walk-in shower units and single vanities. While the property could use some updating, the price reflects the opportunity to restore and personalize this iconic Victorian duplex to its full potential. Exterior features include a small covered front porch, a circular drive around the back of the property, off-street parking access, a storage shed, wood siding, and a shingle roof. The unbeatable location places you within walking distance of restaurants, nightlife, parks, schools, the hospital, medical offices, and local transit pick up sites. Seller is offering $10,000 in concessions for the buyer to use toward property upgrades, improvements, or closing costs, adding even more value and flexibility to this opportunity-packed property. Whether you're an investor seeking rental income, an entrepreneur looking for a mixed-use setup, or a buyer who appreciates historic character and downtown living, this property is packed with potential.
| LAST UPDATED | 5/16/2026 | TRACT | Montrose City |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Montrose City |
| COUNTY | Montrose | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Open Enrollment |
|---|---|
| Jr. High School | Open Enrollment |
| High School | Open Enrollment |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| AREA | Montrose City |
| BASEMENT | Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Eat-in Kitchen |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Victorian |
| SUBDIVISION | Montrose City |
| TAXES | 2094 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | Live/Work,Mixed-Use |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Keller Williams Colorado West Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
Real Estate listings held by companies other than Real contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 5/25/26 9:04 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
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