Great investment opportunity with this fourplex with all units leased. Units one level each; 2 units upstairs & 2 down. Ground level units have large yards with covered patios, upstairs units have balconies. Metered separately, tenants pay gas & elec. Each unit has own mechanicals & laundry room. New roof 2022. Foundation repair 2017 with no problem since. Showings limited to specific time slots - listing agent must be present. See assoc docs for inclusions, income, expense, lease rates and lengths. CAP 7.5 based on getting all rents to $1175.
Sold for $470,000
$470,000
487-32 1/8 Rd, Clifton, CO 81520
8beds
4baths
3,560sqft
Quadruplex, Multi Family, Multi Family
Built in 1979
-- sqft lot
$486,000 Zestimate®
$132/sqft
$1,354 Estimated rent
Home value
$486,000
$452,000 - $525,000
$1,354/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 24, 2025 at 12:10pm
Listed by:
JAN KIMBROUGH MILLER - THE KIMBROUGH TEAM 970-250-6781,
RE/MAX 4000, INC
Bought with:
NORMA WEST
RE/MAX 4000, INC
Source: GJARA,MLS#: 20245340
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- None
- Flooring: Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,560
- Total interior livable area: 3,560 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Open, Patio
- Exterior features: None
Lot
- Size: 0.29 Acres
- Dimensions: 0.29
- Features: Landscaped
Details
- Parcel number: 294314229007
- Zoning description: RMF-8
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Block, Wood Siding, Wood Frame
- Foundation: Slab
- Roof: Asphalt,Composition
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & neighborhood
Location
- Region: Clifton
- Subdivision: Idared
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2025 | Sold | $470,000-4.1%$132/sqft |
Source: GJARA #20245340 Report a problem | ||
| 12/26/2024 | Pending sale | $490,000$138/sqft |
Source: GJARA #20245340 Report a problem | ||
| 12/16/2024 | Price change | $490,000-6.7%$138/sqft |
Source: GJARA #20245340 Report a problem | ||
| 12/4/2024 | Listed for sale | $525,000+7.1%$147/sqft |
Source: GJARA #20245340 Report a problem | ||
| 10/18/2024 | Listing removed | $490,000$138/sqft |
Source: GJARA #20244563 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,783 +0.6% | $29,930 +7.1% |
| 2024 | $1,773 +7.3% | $27,950 |
| 2023 | $1,653 -2.6% | $27,950 +28.1% |
Find assessor info on the county website
Neighborhood: 81520
Nearby schools
GreatSchools rating
- 3/10Rocky Mountain Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Mount Garfield Middle SchoolGrades: 6-8Distance: 3 mi
- 5/10Palisade High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Rocky Mountain
- Middle: MT Garfield (Mesa County)
- High: Palisade
Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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