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$3,095,000
38 Days On Site

525 Red Lady Avenue 241 - 246
Crested Butte, CO 81224

For Sale|Multi Family|Active
6
Beds
6
Total Baths
6
Full Baths
5,855
SqFt
$529
/SqFt
1997
Built
Subdivision:
None
County:
Gunnison
Listing courtesy of Caleb Brewer of Peak Property Management & Sales
Call Now: 970-799-4001
Is this the listing for you? We can help make it yours.
970-799-4001
525 Red Lady Avenue 241 - 246525 Red Lady Avenue 241 - 246525 Red Lady Avenue 241 - 246525 Red Lady Avenue 241 - 246
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Exceptional opportunity to acquire a multi-family property featuring six (6) one-bedroom condo units in the heart of Crested Butte. Each unit has been condominimized, allowing for individual deeded ownership — perfect for investors seeking flexibility to sell units separately or operate as a rental portfolio. Don’t miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorado’s last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.

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Listing Snapshot
Price 
$3,095,000
Days On Site 
38 Days
Bedrooms 
6
Inside Area (SqFt) 
5,855 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1997
MLS® Number 
829584
Status 
Active
Property Tax 
$10,094.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Number Of Stories 
2
Parking 
Off Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
5855
Style 
Other
Water Source 
Public
Zoning 
Residential
Interior Features
Appliances 
DishwasherDryerRefrigeratorMicrowaveRangeOvenWasherDisposal
Basement 
Crawl Space
Fireplace Features 
Living Room
Flooring 
CarpetTile
Heating 
BaseboardElectricNatural Gas
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Exterior Features
Construction Details 
Wood Siding
Roof 
Asphalt
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
MLS Area 
Crested Butte
Schools
School District
Unknown
Elementary School
Crested Butte Community K-12
Middle School
Crested Butte Community K-12
High School
Crested Butte Community K-12
Listing courtesy of Caleb Brewer of Peak Property Management & Sales



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is 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.
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Last checked: 2025-12-07 11:37 AM 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