Fully Occupied fourplex with positive cash flow. 337 E 5th Street offers a rare opportunity to acquire a well-maintained four-unit property generating $6,900/month in gross rental income with a self managed 8.45% cap rate or 7.4% cap rate with professional management. This income-producing asset includes a spacious 3 bed / 2.5 bath unit, two comfortable 1 bed / 1 bath units, and a roomy studio for a balanced mix that attracts a broad range of tenants.
Rifle's rental market continues to show strong, steady demand, fueled by a stable local workforce, limited rental inventory, and proximity to key industries like energy, healthcare, and outdoor recreation. With a gross annual income of $82,880, this property delivers immediate cash flow in a market where vacancy rates remain low.
The building has been well cared for, making it a true plug-and-play investment with potential for rent growth and long-term appreciation. Rifle is widely considered a strong buy-and-hold market, with both property values and rental rates trending upward. This is the kind of opportunity investors look back on and wish they took the opportunity when they had the chance.
Under contract
$750,000
337 E 5th St, Rifle, CO 81650
5beds
6,824sqft
Est.:
Multi Family
Built in 1911
-- sqft lot
$743,800 Zestimate®
$110/sqft
$-- HOA
What's special
Well-maintained four-unit propertyRoomy studio
- 37 days |
- 40 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 01:53pm
Listed by:
Travis J Cox (970)945-8988,
Keller Williams Colorado West Realty (GWS)
Source: AGSMLS,MLS#: 190859
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 6,824
- Total interior livable area: 6,824 sqft
Property
Lot
- Size: 1 Square Feet
Details
- Parcel number: 217716106005
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Masonite
- Roof: Composition
Condition
- Good
- New construction: No
- Year built: 1911
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Murphy
HOA
- Has HOA: Yes
- Services included: Sewer
Location
- Region: Rifle
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $604,970
- Annual tax amount: $3,090
- Date on market: 11/21/2025
- Listing terms: New Loan,Cash
- Inclusions: Oven, Refrigerator, Dishwasher
Estimated market value
$743,800
$707,000 - $781,000
$2,082/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Contingent | $750,000$110/sqft |
Source: AGSMLS #190859 Report a problem | ||
| 11/21/2025 | Listed for sale | $750,000-31.8%$110/sqft |
Source: AGSMLS #190859 Report a problem | ||
| 11/21/2025 | Listing removed | $1,100,000$161/sqft |
Source: AGSMLS #189210 Report a problem | ||
| 7/15/2025 | Listed for sale | $1,100,000-31.3%$161/sqft |
Source: AGSMLS #189210 Report a problem | ||
| 4/24/2022 | Listing removed | -- |
Source: GJARA #20214693 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,707 | $40,530 |
| 2023 | $2,707 -16.3% | $40,530 +5.3% |
| 2022 | $3,235 +18.5% | $38,480 -4.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,064/mo
Principal & interest
$3532
Property taxes
$269
Home insurance
$263
Climate risks
Neighborhood: 81650
Nearby schools
GreatSchools rating
- 5/10Highland Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Rifle Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Rifle High SchoolGrades: 9-12Distance: 0.8 mi
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