For Sale

$289,000

For sale

601 an••••• 603 Virginia Ave (Sign up for 50 free credits to unlock)La Veta, CO 81055

4Beds

2Baths

1,584Sq Ft Living

10,019Sq Ft Lot

1972Year Built

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!

Property Facts & Features

Property Type: Single Family
Status: For Sale
Listed: Aug 20, 2026
Price per Sq Ft: $182/sqft
ZIP Code: 81055
Full Baths: 2
Parking: No Garage
Heating: Baseboard, Hot Water
Construction: Frame, Stucco
Property Tax (2025): $1,105/yr
Assessed Value: $16,390
Last Sold: $112,600 · Jan 13, 2016
County: Huerfano
School District: La Veta Re-2 School District

Features & Amenities

Bedrooms

Bedrooms: 4
Primary Bedroom Dimensions: 11' x 12'
Bedroom 2 Dimensions: 10' x 11'
Bedroom 3 Dimensions: 11' x 12'
Bedroom 4 Dimensions: 10' x 11'
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Farm Info

Irrigation Water Rights: No

Land Info

Lot Size Acres: 0.23
Lot Size Square Feet: 10019

Utilities

Sewer: Public Sewer
Water Source: Public

Appliances

Washer
Dryer
Laundry Features: Kitchen

Other Rooms

Basement Features: Crawl Space
Living Room Dimensions: 12' x 14'
Basement Sqft: 0
Living Room Level: Main
Living Room Description: Laminate

Pool and Spa

Spa: No

Home Features

View: Mountain(s)

Interior Features

Flooring: Bedroom2 Flooring: Laminate, Bedroom3 Flooring: Laminate, Bedroom4 Flooring: Laminate
Window Features: Metal, Window Coverings

Garage and Parking

Covered Spaces: 0
Parking Features: No Garage

Kitchen and Dining

Dining Room Description: Laminate
Dining Room Dimensions: 9' x 10'
Dining Room Level: Main
Kitchen Dimensions: 7' x 11'
Kitchen Level: Main

School Information

Elementary School: RE-2
High School: RE-2
Middle School: RE-2

Heating and Cooling

Heating Features: Baseboard, Hot Water
Heating: Yes

Other Property Info

Annual Tax Amount: 1105
Source Listing Status: Active
County: Huerfano
Tax Year: 2025
Area: Outlying
Source Neighborhood: La Veta
Parcel Number: 37797
Subdivision: La Veta
Zoning: R
Property Subtype: Single Family Residence

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Price & Event History

Date	Event	Price	$/Sq Ft
Aug 20, 2026	Listed	$289,000	$182
Jan 13, 2016	Sold	$112,600	$71
Jul 21, 2013	Sold	$80,000	$51
Dec 31, 2006	Sold	$120,000	$76
Dec 31, 2003	Sold	$89,000	$56

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$1,105	$16,390	$3,057	$13,333	$205,902
2024	$85	$16,390	$3,057	$13,333	$205,902
2023	$86	$4,982	$1,672	$3,310	$62,585
2022	$419	$5,605	$1,672	$3,933	$70,410
2021	$439	$5,605	$1,672	$3,933	$70,410
2020	$460	$5,842	$1,672	$4,170	$73,386
2019	$457	$5,284	$1,512	$3,772	$73,386
2018	$437	$5,700	$1,512	$4,188	$79,171
2017	$418	$5,700	$1,512	$4,188	$79,171
2016	$456	$6,318	$1,672	$4,646	$79,366
2015	$444	$6,318	$1,672	$4,646	$79,366
2014	$485	$6,855	$1,672	$5,183	$86,114

Nearby Schools

6/10
La Veta Junior-Senior High School
Public · Middle, High · Grades 6-12
0.4 mi
NR
La Veta Elementary School
Public · Elementary · Grades K-5
0.4 mi