1345 E St Salida, CO 81201
Estimated payment $4,126/month
Highlights
- Mountainous Lot
- Property is near public transit
- Corner Lot
- Longfellow Elementary School Rated 9+
- Wood Flooring
- No HOA
About This Home
Prime Mixed-Use Development Opportunity with Existing Home. 4 Lots Included
Discover a rare investment opportunity with this large Mixed-Use Neighborhood (MU-N) zoned property in an excellent location, just a short bike ride from downtown Salida. This expansive offering includes all four lots and boasts stunning mountain views, outstanding development flexibility, and strong income potential.
The property currently features a 3 bedroom, 1 bath home and a detached garage, offering the option to renovate, rent, or utilize the existing structures during the planning and development process. The home is a true diamond in the rough, ready to be transformed into a profitable asset or repurposed to maximize the site’s highest and best use.
Once the existing home and garage are removed, the property may accommodate up to 5 residential units, presenting an excellent opportunity for multi-family development such as a duplex, triplex, townhomes, or similar configuration (buyer to verify with City of Salida).
The Mixed-Use Neighborhood zoning also allows for a variety of commercial and lodging uses, including the potential for a boutique hotel, motel, hostel, or other income-producing project, making this a versatile opportunity for investors, builders, and developers looking to capitalize on Salida’s strong growth and housing demand.
With its prime location near downtown amenities, restaurants, shopping, recreation, and bike paths, this property combines location, zoning flexibility, and development potential in one compelling package.
Don’t miss this exceptional opportunity to create value in one of Salida’s most desirable areas. Please see the virtual tour for additional perspective on the property and its potential.
Listing Agent
HomeSmart Preferred Realty Brokerage Email: janine@janinemarrsalida.com,719-221-1838 License #100079814 Listed on: 10/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,539
Year Built
- Built in 1900
Lot Details
- 7,500 Sq Ft Lot
- North Facing Home
- Landscaped
- Corner Lot
- Level Lot
- Mountainous Lot
- Many Trees
- Grass Covered Lot
- Property is zoned Residential/Commercial
Parking
- 2 Car Garage
- Oversized Parking
- Lighted Parking
- Tandem Parking
- Exterior Access Door
- Gravel Driveway
- Unpaved Parking
Home Design
- Entry on the 1st floor
- Fixer Upper
- Frame Construction
- Rolled or Hot Mop Roof
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 987 Sq Ft Home
- 1-Story Property
- Built-In Features
- Double Pane Windows
- Window Treatments
- Living Room
- Self-Cleaning Oven
- Laundry Room
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- 1 Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Location
- Ground Level
- Property is near public transit
Schools
- Longfellow Elementary School
- Salida Middle School
- Salida High School
Utilities
- No Cooling
- Forced Air Heating System
- 220 Volts
- 110 Volts
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Sellers personal property
- Assessor Parcel Number R380705319108
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,591 | $35,260 | $17,500 | $17,760 |
| 2024 | $1,591 | $35,320 | $18,760 | $16,560 |
| 2023 | $1,539 | $35,320 | $18,760 | $16,560 |
| 2022 | $1,240 | $25,990 | $15,350 | $10,640 |
| 2021 | $1,243 | $26,740 | $15,790 | $10,950 |
| 2020 | $1,089 | $22,250 | $7,730 | $14,520 |
| 2019 | $1,091 | $22,250 | $7,730 | $14,520 |
| 2018 | $849 | $17,560 | $8,000 | $9,560 |
| 2017 | $827 | $17,560 | $8,000 | $9,560 |
| 2016 | $794 | $16,500 | $8,360 | $8,140 |
| 2015 | $790 | $16,500 | $8,360 | $8,140 |
| 2014 | $790 | $15,640 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Price Changed | $749,000 | -6.3% | $759 / Sq Ft |
| 10/15/2025 10/15/25 | For Sale | $799,000 | -- | $810 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | -- |
Source: REcolorado®
MLS Number: 6401528
APN: R380705319108
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Ask me questions while you tour the home.