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Under contract
  • $750,000

    337 E 5th St, Rifle, CO 81650

    5beds
    6,824sqft
    : 
    Multi Family
    Built in 1911
    -- sqft lot
    $743,800 Zestimate®
    $110/sqft
    $-- HOA

    What's special

    Well-maintained four-unit propertyRoomy studio
    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.
    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
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    Estimated market value

    $743,800

    $707,000 - $781,000

    $2,082/mo

    Price history

    Price history
    DateEventPrice
    11/25/2025Contingent$750,000$110/sqft
    Source: AGSMLS #190859 Report a problem
    11/21/2025Listed for sale$750,000-31.8%$110/sqft
    Source: AGSMLS #190859 Report a problem
    11/21/2025Listing removed$1,100,000$161/sqft
    Source: AGSMLS #189210 Report a problem
    7/15/2025Listed for sale$1,100,000-31.3%$161/sqft
    Source: AGSMLS #189210 Report a problem
    4/24/2022Listing removed--
    Source: GJARA #20214693 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
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