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.
For sale
$1,100,000
337 E 5th St, Rifle, CO 81650
5beds
6,824sqft
Est.:
Multi Family
Built in 1911
-- sqft lot
$1,018,500 Zestimate®
$161/sqft
$-- HOA
What's special
- 86 days |
- 145 |
- 8 |
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