301 4th Street, Clifton, CO 81520

Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
301 4th Street,Clifton, CO 81520
$450,000
  • 5 Beds
  • 4 Baths
  • 2,780 sq. ft.
  • Multi-family
  • Active
Listed by:rebekah mendrop
Office:re/max 4000, inc
MLS#:20253940
Source:CO_GJARA

Price summary

  • Price:$450,000
  • Price per sq. ft.:$161.87

About this home

10% Gross Cap Rate. Great investment opportunity if you are looking for a multifamily property! Three of the four units are leased with year leases, the other is month to month (for the past six years) grossing $3,750 per month in rent. Owner pays utilities, which are estimated at $625/month. The two downstairs units, have recently had mini-splits installed for comfort year round! Ask the listing agent or your agent for a list of recent improvements. Start acquiring wealth with this property today!

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Home facts

  • Year built:1967
  • Listing Id #:20253940
  • Added:1 day(s) ago
  • Updated:August 15, 2025 at 04:36 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,780 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air, Wall Furnace

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:1967
  • Building area:2,780 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Palisade
  • Middle school:MT Garfield (Mesa County)
  • Elementary school:Clifton

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$161.87
  • Tax amount:$2,080 (2024)