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920 S 5th Street, Montrose, CO, 81401

2beds
1baths
1,197sqft
$340,000
$284price/sqft
$2,095/moest. monthly cost
$83,800/yrincome needed

About This Home

Cozy home with a large well-maintained yard in the heart of downtown Montrose. Half a block from the Montrose regional hospital and within walking distance to Montrose downtown, adjacent to a bike path. The large lot is zoned Office/Residential and would allow for an ADU. The City allows for one primary Residence and one ADU. There is available non- potable irrigation water currently set up to water the lawns. There is no documentation available regarding this water source. Lawn areas are perimeter fenced and there is alley access with two storage sheds. The exterior of the home has a newer asphalt shingle roof and siding. There is a large laundry/sunroom. Whether you're raising a family or value convenience, you'll love how easily you can get to classrooms, clinics, and everyday essentials in a close proximity.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

3/10
Johnson Elementary SchoolGrades PK-51.9 mi
6/10
Centennial Middle SchoolGrades 6-80.2 mi
6/10
Montrose High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Stemwall
  • Roof: Asphalt
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: W/D Hookup

Basement

  • Basement: Crawl Space

Bedroom2

  • Area: 103.5

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Evaporative Cooling

Dining Room

  • Features: Eat-in Kitchen

Features

  • Window features: Single Pane
  • Flooring: Carpet-Partial,Laminate
  • Fireplace features: Living Room,Wood Burning Stove,Wood Stove
  • Fireplace: Yes
  • Finished area above ground: 1,197

Interior Area

  • Total structure area: 1,197
  • Total interior livable area: 1,197 sqft

Kitchen

  • Area: 195.5

Living Room

  • Area: 280.5

Master Bedroom

  • Level: Main
  • Area: 112

Property

Details

  • Parcel number: 376727406004
  • Zoning description: Mixed-Use

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Porch,Patio
  • Exterior features: Irrigation Pump,Irrigation Water,Landscaping,Lawn Sprinklers
  • Frontage length: 50'-75' Frontage

Lot

  • Lot size: 7,840 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,719$20,628
Home Insurance *$88$1,056
Property Taxes $102$1,224
Electricity $186$2,232
Total$2,095$25,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,828/yr
40% on housing$62,850/yr
45% on housing$55,866/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 81401$208
Montrose County$398

vs Homes Sold Last Month

Median $/sqft

ZIP 81401$265
Montrose County$258

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Price change$340,000
2025-11-19Listed for sale$360,000

For Sale by Agent

AgentM David Kienholz
BrokerageRE/MAX Alpine View

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