$1,500,000

317 E 4th Street A, Salida, CO 81201

  • 5,596 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $268/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Here is a great rental property investment opportunity in downtown Salida! The Historic, brick, 6 plex on Fourth Street houses (4) studio apartments and (2) 2 bedroom apartments, all with 1 bath. The detached Bungalow on the alley has 3 bedrooms, with a bonus room, 1 bath, and an attached carport. Shared yard with a storage building in between the buildings. All units include range and refrigerator. The units vary in floor plan and degree of recent updates. South facing windows provide good natural lighting. Sellers pay gas, trash, and water, tenants pay electric. Nice, peaceful, residential neighborhood location only a block from Alpine Park and 3 blocks from Historic Downtown Salida. Rents have been reasonably maintained to accommodate many long term tenants. Income, Cap Rate, and status of occupied units may change by time of a purchase contract. These properties don't become available often in Salida. Make it yours today!

Listing Status:
Active
Data Last Updated:
March 12, 2026 at 12:22PM
Listing Office:
First Colorado Land Office, Inc. : 719-539-6682
Listing Agent:
Martin Epp : 719-221-1642
MLS ID:
6954970
  • Style: BungalowTraditional
  • Parking: ConcreteParking spaces: 2
  • Roofing: MembraneMetal
  • Road/Access: Public
  • Originating MLS: recolorado
  • County: Chaffee
  • Zoning: R4NWLY 1/2 LOT 7ALL LOTS 8 & 9 BLK 57SACKETTS ADD SALIDAREC 317348 370468 432835R380705157172
  • Current Use: Residential
  • Utilities: Cable AvailableElectricity ConnectedInternet Access (Wired)Natural Gas ConnectedPhone ConnectedSewer Connected110V220 Volts
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Exclusions: Owner's and tenant's personal property.

This listing courtesy of Martin Epp , First Colorado Land Office, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Salida Middle School

520 Milford St, Salida, CO, 81201

Grades 5-8

0.38 miles away

S

Salida Middle School

520 Milford St, Salida, CO, 81201

Grades 5-8

0.38 miles away

H

Horizons Exploratory Academy

310 E 9th St, Salida, CO, 81201

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.