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For sale
  • $1,100,000

    337 E 5th St, Rifle, CO 81650

    5beds
    6,824sqft
    : 
    Multi Family
    Built in 1911
    -- sqft lot
    $1,060,200 Zestimate®
    $161/sqft
    $-- HOA

    What's special

    Investor Alert: Turnkey Income Property in the Heart of Rifle. 337 E 5th Street offers a rare opportunity to acquire a well-maintained four-unit property generating $6,600/month in gross rental income. 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 $79,200, 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.
    27 days
    on Zillow
    |
    528
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 02:41pm

    Listed by:

    Travis J Cox (970)945-8988,

    Keller Williams Colorado West Realty (GWS)

    Source: AGSMLS,MLS#: 189210
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 337 E 5th St.

    Next available tour time:Today at 11:30am

    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: Resdiential

    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

    • Electric: Yes
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Connected

    Community & HOA

    Community
    • Subdivision: Murphy
    HOA
    • Services included: Sewer
    Location
    • Region: Rifle

    Financial & listing details

    • Price per square foot: $161/sqft
    • Tax assessed value: $604,970
    • Annual tax amount: $3,090
    • Date on market: 7/15/2025
    • Listing terms: New Loan,Cash
    • Inclusions: Oven, Refrigerator, Dishwasher
    • Electric utility on property: Yes
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