Metro Denver Luxury Homes For Sale

Property Description

Investment Opportunity in the charming town of La Veta! Just a short walk from charming downtown La Veta, this versatile duplex offers income potential, flexibility, and small-town Colorado living. Each unit features 2 bedrooms, 1 bath, and approximately 782 sq. ft., making it ideal as a full investment property, multi-generational home, or primary residence with rental income to help offset your mortgage. Both units are currently rented at $850 and $875/month, with one becoming available September 1. Current NOI is approximately $15,364 with a 5.3% cap rate before vacancy, based on current rents. Separate utilities keep ownership simple, with tenants responsible for all utilities except water. With established rental history, low carrying costs, multiple use options, and a location within walking distance of downtown, this La Veta duplex is an opportunity you won’t want to miss!

Features
: Baseboard, Hot Water
: None
: Crawl Space
: Partial
: Mountain(s)
: 2
: Dryer, Washer
: Composition
: Public Sewer
Address Map
CO
Huerfano
La Veta
81055
Virginia
601 & 603
W106° 59' 54.7''
N37° 30' 21.4''
Additional Information
: Frame, Stucco
22
From Main Street in La Veta turn East on Virginia and travel 5 blocks to property. Duplex is on left side of the street.
La Veta
: Laminate
La Veta
Yes
Yes
1031 Exchange, Cash, Conventional
La Veta
Code of the West Real Estate
37797
: None
: Duplex
La Veta Addition
$1,105
2025
Residential
08/21/2026
1584
Active
La Veta RE-2
La Veta RE-2
La Veta RE-2
08/21/2026
08/21/2026
Public
: Multi/Split

La Veta Addition

601 & 603 Virginia, La Veta, CO 81055

4 Bedrooms
2 Total Baths
1,584 Square Feet
$289,000
Listing ID #2668155
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2668155
Price : $289,000
Bedrooms : 4
Rooms : 9
Total Baths : 2
Full Bathrooms : 2
Square Footage : 1,584 Square Feet
Year Built : 1972
Lot Area : 0.23 Acres
Lot Acres : 0.23
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent