The fixer-upper you've been waiting for just hit the market. It would be a great income property or flip house. This one has a lot of potential with the basement house already gutted and the remodel work has been started. Some of the electric has been updated and awaits radiant heat panels in all of the rooms. The kitchen has been gutted and the cabinets have been purchased and are in the process of being installed. New windows are also on site. This is your chance to jump in and complete the project or completely revamp it or build a main level house on top of the basement. Or maybe move in a modular, or build a barndominium? Oh my! With a little over 7300 square feet right in the middle of a highly desired location the possibilities are endless.
Sold for $40,000
$40,000
540 5th St, Stratton, CO 80836
2beds
720sqft
Single Family Residence
Built in 1952
7,340 Square Feet Lot
$66,800 Zestimate®
$56/sqft
$1,290 Estimated rent
Home value
$66,800
$53,000 - $84,000
$1,290/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 20, 2025 at 06:43pm
Listed by:
Robbie King 7193465420,
Rocking X Land Company
Bought with:
Robbie King, 100093629
Rocking X Land Company
Source: IRES,MLS#: 984053
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Description: Concrete
- Level: Basement
- Dimensions: 0 x 0
Kitchen
- Description: Concrete
- Level: Basement
- Dimensions: 0 x 0
Heating
- None
Appliances
- Included: Refrigerator
Features
- Basement: Unfinished
Interior area
- Total structure area: 720
- Total interior livable area: 720 sqft
- Finished area above ground: 720
- Finished area below ground: 0
Property
Parking
- Details: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,340 sqft
Details
- Parcel number: 78002001
- Zoning: Res
- Special conditions: Private Owner
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Adobe
- Roof: Flat
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Electric: KC Electric
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Available, Propane
Community & neighborhood
Location
- Region: Stratton
- Subdivision: STEGMANS
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2023 | Sold | $40,000-20%$56/sqft |
Source:  IRES #984053 Report a problem | ||
| 4/17/2023 | Pending sale | $50,000$69/sqft |
Source: IRES #984053 Report a problem | ||
| 3/23/2023 | Listed for sale | $50,000+38.3%$69/sqft |
Source: IRES #984053 Report a problem | ||
| 4/27/2021 | Sold | $36,151-17.8%$50/sqft |
Source: IRES #925534 Report a problem | ||
| 1/19/2021 | Listing removed | -- |
Source:  IRES Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $107 +1.7% | $2,353 +8.1% |
| 2024 | $105 -21.3% | $2,177 -3.6% |
| 2023 | $133 -2.8% | $2,258 +81.1% |
Find assessor info on the county website
Neighborhood: 80836
Nearby schools
GreatSchools rating
- 3/10Stratton Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Stratton Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Stratton Senior High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Stratton
- Middle: Stratton
- High: Stratton
Source: IRES. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.