Discover a truly unique opportunity in the heart of Crested Butte South! This meticulously maintained and updated triplex offers a versatile blend of income potential. Unit A is a spacious and light-filled 3-bedroom, 3-bathroom, 2,070 square foot residence with vaulted ceilings and large windows. Offered fully furnished and turnkey, this unit is perfect for a homeowner seeking comfort and style in a serene setting. Extensive renovations include all bathrooms, new doors, a new washer/dryer, new stainless-steel appliances, and more! A complete list of upgrades and renovations is available. Unit B is a fully furnished, turnkey two-bedroom, two-bathroom, 744 square foot short term rental. The clean, bright space is comfortable for guests and offers a washer/dryer in unit, as well as a fenced yard for privacy. The lower-level bedroom and bathroom were recently updated. Unit C is a well-maintained two-bedroom, one-bathroom, 910 square foot apartment. The possibilities are endless with this versatile investment, plus the location cannot be beat! The large lot offers stunning mountain views and is within walking distance from all of Crested Butte South’s amenities, including restaurants, Camp 4 Coffee, Red Mountain Park, cross country trails, the RTD bus stop, and more! With its exceptional location, thoughtful layout, and income-producing potential (available upon request), this triplex is a rare find for investors and homeowners alike. Don’t miss the chance to own a property that offers both lifestyle and financial rewards in one of Colorado’s most desirable mountain communities. Schedule your showing today and take the first step toward making this Crested Butte South gem your own! Seller's loan is assumable for a qualified veteran at 2.25%.
Single-familyProperty Type
2005Year Built
0.34 acresLot Size
$530Est. Price/Sq.Ft.
2 car garageParking
Listed by Kiley Flint• LIV Sotheby's International Realty - CB
Bought with Scout Walton• LIV Sotheby's International Realty - CB
Three Bedroom three bath home situated on a . 34 acre lot with two additional 2-bedroom apartments and a 2 1/2-car garage. Main residence includes cherry wood floors, vaulted ceiling, hardwood cabinets and woodwork, granite and stainless kitchen, interior log balusters, natural gas in-floor heat and generous deck. It's a convenient location with in walking distance of Rainbow Park, the hockey rink and nearby coffee place and restaurants and conveniences. Across the front of the property is a maintained pedestrian walking path, a mature natural area and a seasonal streambrook that fills the pond in the front yard. This exceptional home, with two income-producing 2-bedroom apartments, is conveniently located with mountain views and a pond and is located only 10 minutes to Crested Butte.
Public Records
Jul 10, 2015
Sold
$555,000
$149/sq ft
cren #6865
Jun 8, 2007
Sold
$625,000
$167/sq ft
Feb 15, 2007
Listed
$675,000
$181/sq ft
Unit B=2 Bedroom/2 Bath Unit A=4 Bedroom/4 Bath
Year
Property tax
Land + Additions
Assessment*
2025
$5,731 (+6.2%)
$16,710 + $63,880
$80,590
2024
$5,398 (+3.5%)
$16,710 + $63,880
$80,590
2023
$5,215 (+5.9%)
$16,980 + $65,140
$82,120
2022
$4,927 (+9.3%)
$16,940 + $64,970
$81,910
2021
$4,507 (+19.9%)
$8,500 + $53,890
$62,390
2020
$3,760 (+3.0%)
$8,940 + $56,670
$65,610
2019
$3,649 (+13.9%)
$7,430 + $46,870
$54,300
2018
$3,204 (+0.4%)
$7,430 + $46,870
$54,300
2017
$3,192 (+49.5%)
$4,150 + $40,650
$44,800
2016
$2,135 (+12.8%)
$4,150 + $40,650
$44,800
2015
$1,893 (+60.4%)
$4,430 + $26,850
$31,280
2014
$1,180
$4,430 + $23,970
$28,400
Tax history for 454 Teocalli Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,731 (+6.2%)
$16,710 + $63,880
$80,590
2024
$5,398 (+3.5%)
$16,710 + $63,880
$80,590
2023
$5,215 (+5.9%)
$16,980 + $65,140
$82,120
2022
$4,927 (+9.3%)
$16,940 + $64,970
$81,910
2021
$4,507 (+19.9%)
$8,500 + $53,890
$62,390
2020
$3,760 (+3.0%)
$8,940 + $56,670
$65,610
2019
$3,649 (+13.9%)
$7,430 + $46,870
$54,300
2018
$3,204 (+0.4%)
$7,430 + $46,870
$54,300
2017
$3,192 (+49.5%)
$4,150 + $40,650
$44,800
2016
$2,135 (+12.8%)
$4,150 + $40,650
$44,800
2015
$1,893 (+60.4%)
$4,430 + $26,850
$31,280
2014
$1,180
$4,430 + $23,970
$28,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
2006
Sq. Ft.
3,737
Year built
2005
Style
Multi-Family (2-4 Unit)
County
Gunnison County
APN
R015383
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Property details
Parking
Garage/Carport Information
Has Garage
Attached Garage
# of Garage Spaces: 2
Parking
Features: Attached, Garage, Garage Door Opener
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 5
# of Three Quarter Bathrooms: 1
Room Information
Yes
Basement Information: Finished, Walk-Out Access
Equipment
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer