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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!
| LAST UPDATED | 9/23/2026 | TRACT | Other |
|---|---|---|---|
| YEAR BUILT | 1888 | COMMUNITY | Ouray City |
| GARAGE SPACES | 2.0 | COUNTY | Ouray |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Ouray K-6 |
|---|---|
| Jr. High School | Ouray 7-8 |
| High School | Ouray 9-12 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Oven, Range, Refrigerator, Washer |
|---|---|
| AREA | Ouray City |
| BASEMENT | Finished, Walk-Out Access, Yes |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 4356 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Other |
| TAXES | 14664 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | Live/Work,Other,Residential Multi Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Wild West Realty, LLC
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: 11/14/26 6:02 PM PST
This IDX solution is (c) Diverse Solutions 2026.
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