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401 E Arbecam, Cortez, CO, 81321

3beds
0baths
1,878sqft
$300,000
$160price/sqft
$1,858/moest. monthly cost
$74,320/yrincome needed

About This Home

Historic Investment Opportunity with solid returns. This property has incredible rental income and history. Additionally, it has been renovated within the last 4 years and has all updated electrical. This property is very closing to shopping, parks, the public library and Kemper Elementary school. Schedule your showing today!

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

5/10
Kemper Elementary SchoolGrades K-50.2 mi
6/10
Cortez Middle SchoolGrades 6-80.7 mi
3/10

Construction

Condition

  • Year built: 1919

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3

Dining Room

  • Features: Kitchen/Dining

Features

  • Flooring: Carpet,Linoleum

Interior Area

  • Total structure area: 1,878
  • Total interior livable area: 1,878 sqft

Property

Details

  • Parcel number: 561126100089
  • Zoning description: Residential

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: On Street,Paved
  • Has uncovered spaces: Yes

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
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Wildfire

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 $1,516$18,192
Home Insurance *$84$1,008
Property Taxes $72$864
Electricity $186$2,232
Total$1,858$22,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,702/yr
40% on housing$55,740/yr
45% on housing$49,546/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: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 81321$237
Montezuma County$309

vs Homes Sold Last Month

Median $/sqft

ZIP 81321
Montezuma County$236

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
2026-05-06Listed for sale$300,000
2022-04-07Sold$223,700
2022-02-02Listed for sale$245,000
2006-05-04Sold$125,000

For Sale by Agent

AgentCody Wells
BrokerageXtrov

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