709 W New York Avenue, Gunnison, CO, 81230
About This Home
Opportunities like this in Downtown Gunnison are few and far between. Located at 709 W. New York Avenue, this unique property offers three separate units and a wide range of possibilities for both investors and locals looking to offset ownership with income. The front home, originally built in the late 1800s, carries historic character and presents a compelling opportunity for renovation, redevelopment, or continued use as a rental. Behind it, two newly constructed units (completed in 2024) bring a modern contrast with thoughtful design and functionality. Unit 2 features two bedrooms and one bathroom, with private balconies off each bedroom and the kitchen, perfect for enjoying Gunnison’s fresh air or grilling year-round. A heated two-car garage adds convenience, along with laundry and additional storage. Unit 3 offers a larger footprint with three bedrooms and two bathrooms, a spacious main living area, and an expansive covered deck. Each bedroom upstairs includes its own vanity and access to outdoor space, creating a comfortable and private setup. The layout is flexible, with a lower-level bedroom and bath ideal for a home office or separate living space. The large, heated two car garage with additional laundry and storage is a huge bonus. With no HOA and a central in-town location, this property offers flexibility, income potential, and long-term upside in the heart of Gunnison.
Getting Around
Very Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,Other
- Property subType: Stick Built
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: W/D Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Dining Room
- Features: Eat-in Kitchen
Features
- Vaulted Ceiling(s),Walk-In Closet(s)
- Window features: Window Coverings,Double Pane Windows
- Fireplace features: Living Room,Wood Stove
- Fireplace: Yes
Interior Area
- Total structure area: 2,847
- Total interior livable area: 2,847 sqft
Property
Details
- Parcel number: 378702105002
- Zoning description: Residential Single Family
Features
- Levels: One,Two
- Stories: 2
- Patio & porch: Covered Porch
- Exterior features: Balcony
Lot
- Lot size: 5,662 sqft
Parking
- Total spaces: 4
- Parking features: Attached Garage,Heated Garage
- 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
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 | $4,677 | $56,124 |
| Home Insurance * | $72 | $864 |
| Property Taxes | $238 | $2,856 |
| Electricity | $214 | $2,579 |
| Total | $5,201 | $62,412 |
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 |
|---|---|---|
| 2026-04-20 | Price change | $925,000 |
| 2026-03-20 | Listed for sale | $975,000 |
| 2006-10-05 | Sold | $190,000 |
For Sale by Agent
View on Zillow