




137 and 141 N Madison, Cortez, CO, 81321
About This Home
Affordable in-town Cortez duplex with excellent rental history. Convenient location near schools , grocery, and parks. Each unit has fenced backyard and covered off street parking. Well maintained. Rental histories and maintenance records available upon request.
Getting Around
Schools
Construction
Condition
- Year built: 1957
Materials
- Roof: Metal
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Eat-in Kitchen
Features
- Flooring: Carpet,Linoleum
Interior Area
- Total structure area: 1,989
- Total interior livable area: 1,989 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 561126117001
- Attached to another structure: Yes
- Zoning description: Residential Multi Family
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.32 Acres
- Features: Corner Lot
Parking
- Total spaces: 4
- Parking features: 2 per unit,Carport
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Winter Weather
- Cold Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,441 | $17,292 |
| Home Insurance * | $79 | $948 |
| Property Taxes | $68 | $816 |
| Electricity | $186 | $2,232 |
| Total | $1,774 | $21,288 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Price change | $285,000 |
| 2026-06-20 | Price change | $295,000 |
| 2026-05-19 | Price change | $305,000 |
| 2026-03-02 | Listed for sale | $315,000 |
