$750,000
$750,000
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8 Beds
8 Baths
4,464 SqFt
SOLD DATE : 08/29/2025
Key Details
Sold Price $750,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 4,464 sqft
Price per Sqft $168
Subdivision Palomino Park Addition
MLS Listing ID 189257
Sold Date 08/29/25
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N Yes
Year Built 1979
Annual Tax Amount $1,989
Tax Year 2024
Lot Size 10,450 Sqft
Acres 0.24
Property Sub-Type Residential Income
Source Aspen Glenwood MLS
Property Description
Investment Opportunity in North Rifle, CO - 4-Plex
Discover this solid income-producing 4-plex located in north Rifle, Colorado. Each of the four residential units features 2 bedrooms and 2 baths, offering a total of 8 bedrooms across the property. Currently bringing in $1,800 per unit per month, the property generates a total of $7,200 in gross monthly income when fully rented — with all tenants on month-to-month leases, providing flexibility for future adjustments or owner occupancy.
Off-street parking adds convenience and appeal, and the location offers easy access to schools, parks, and downtown Rifle amenities. Whether you're expanding your portfolio or seeking your first investment property, this is a fantastic opportunity with consistent cash flow and upside potential.
Shown by appointment only — please do not disturb tenants.
Location
State CO
County Garfield
Community Palomino Park Addition
Area Rifle
Zoning multi family
Direction Railroad north to 24th, west to Rail, north to W 25th, property on the left.
Interior
Heating Electric, Baseboard
Cooling None
Exterior
Parking Features Assigned
Roof Type Metal
Garage No
Building
Water Public
Architectural Style Two Story
New Construction No
Others
Tax ID 217704305007
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
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