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$1,500,000
321 Days On Site

185 N Lena Street CONDO "D"
Ridgway, CO 81432

For Sale|Condominium|Active
3
Beds
4
Total Baths
4
Full Baths
3,424
SqFt
$438
/SqFt
2024
Built
Subdivision:
Other
County:
Ouray
Listing courtesy of Charles Mueller of Ridgway Real Estate
Call Now: 970-799-4001
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970-799-4001
185 N Lena Street CONDO "D"185 N Lena Street CONDO "D"185 N Lena Street CONDO "D"185 N Lena Street CONDO "D"
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Deed Restricted Workforce CONDO "D" consists of 4 new work force condo units. There are 4 individual deed restricted condos. 3 are 1 bedroom/1 full bath and one is a studio with a full bath. They come complete with oven/range, refrigerator, dishwasher, washer and dryer. Each unit has a storage and a carport. There is elevator to access these units. Centrally located in the core of Town and within walking distance to most amenities. These units have approx 17 years remaining of a Deed Restriction then they become "Free Market" units. Currently yielding over 5% on the full asking price with rents set well below the maximum allowed. The ONLY deed restriction is income based and that is set at 140% of AMI (Area Median Income).

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Listing Snapshot
Price 
$1,500,000
Days On Site 
321 Days
Bedrooms 
3
Inside Area (SqFt) 
3,424 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2024
MLS® Number 
819793
Status 
Active
Property Tax 
$9,207
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 months agoPrice changed to $1,500,000
11 months agoListing first seen on site
General Features
Carport 
4
Number Of Stories 
1
Pets 
Yes
Property Condition 
New Construction
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
3424
Style 
Modern
Utilities 
Natural Gas Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerRefrigeratorRangeOvenWasher
Flooring 
Laminate
Heating 
ElectricHeat Pump
Interior 
Eat-in KitchenElevator
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Exterior Features
Exterior 
Balcony
Lot Features 
Corner Lot
Other Structures 
Shed(s)
Roof 
Metal
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
MLS Area 
Ridgway
Schools
School District
Unknown
Elementary School
Open Enrollment
Middle School
Open Enrollment
High School
Open Enrollment
Listing courtesy of Charles Mueller of Ridgway Real Estate



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Last checked: 2025-10-23 09:41 PM UTC

Neighborhood & Commute
Source: Walkscore
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Realtor®
License# 100065255
Cell: 970-799-4001

743 Main Avenue
Durango, CO 81301
Office: 970-624-0444