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 Details
- Heating
- Baseboard, Hot Water
- Bedrooms
- 4
- Bathrooms
- 2.0
- Full Baths
- 2
- View
- Mountain(s)
- Stories
- Multi/Split
- Acres
- 0.0
- Square Feet
- 1584
- Lot Size (sqft)
- 0.23
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Crawl Space
- Year Built
- 1972
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Appliances
- Dryer, Washer
- Subdivision
- La Veta Addition
- School District
- La Veta RE-2
- Elementary School
- La Veta
- Middle School
- La Veta
- High School
- La Veta
- County
- HUERFANO
- Region
- La Veta
- Zoning
- Residential
- Taxes Annual
- $1,105
- MLS #
- 2668155
- Property Subtype
- Single Family Residence
- Fence
- 1
- Parcel Number
- 37797
- MLS #
- 2668155
- Date Listed
- August 21, 2026
- Address
- 601 & 603 Virginia
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-13 02:07:40 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: Sep 13, 2026 2:07 AM. Source: RECOLORADO
Provided By
Listed by Amanda Salas (#a64171d20a8210dc626807f4f74c8b17), amanda@cotwrealestate.com,307-460-0872
Listing Office: Code of the West Real Estate
Legal Notice
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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
