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951 Greene Street, Silverton, CO, 81433

2beds
4baths
5,035sqft
$1,200,000
$238price/sqft
$7,037/moest. monthly cost
$281,480/yrincome needed

About This Home

Prime Greene Street location with MU1 business commercial zoning. Historic 5,000 SF brick building in the heart of downtown Silverton, formerly known as the Rainbow Garage. Situated on a 10,000 SF four-lot parcel, the property includes four rental units. The warehouse/garage portion includes approximately 2,300 SF main space and an adjacent 800 SF unit. The north-side exterior addition, currently occupied is approximately 750 SF. The remodeled 1,300 SF apartment is currently operating as a vacation rental, use by right. The MU1 district is intended to support a mix of commercial, service, entertainment, and residential uses within Silverton’s historic pedestrian-oriented downtown core. With a minimum build size requirement of 2,500 SF in the MU1 district, this parcel may offer the potential to separate two of the the four lots, subject to buyer verification and town approval. Additional features include large off-street parking, mountain views, and flexible mixed-use potential in a high-visibility downtown location.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
66
BikeBikeable

Schools

--
--
Silverton Middle SchoolGrades 6-80.2 mi
--
Silverton High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1912

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • All Furnishings

Interior Area

  • Total structure area: 5,035
  • Total interior livable area: 5,035 sqft

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 48291730440011
  • Attached to another structure: Yes

Lot

  • Lot size: 9,583 sqft
  • Lot size dimensions: 100 x 100

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
  • Avalanche
    AvalancheRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Avalanche
Inland Flooding
Landslide
Wildfire
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 $6,067$72,804
Home Insurance *$301$3,612
Property Taxes $289$3,468
Electricity $380$4,561
Total$7,037$84,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,268/yr
40% on housing$211,110/yr
45% on housing$187,653/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 10.7%
10.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 81433$582
San Juan County$745

vs Homes Sold Last Month

Median $/sqft

ZIP 81433
San Juan County$249

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
2026-05-08Listed for sale$1,200,000
2024-12-31Listing removed$555,000
2022-03-03Listing removed--
2021-03-13Listing removed--
2021-03-10Listed for sale$555,000

For Sale by Agent

AgentTiesha Weller
BrokerageSilverton Realty, Inc.

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