$749,000
$50K PRICE DROP

1345 E St Salida, CO 81201

Estimated payment $4,126/month

Total Views 7,751
3 Beds
1 Bath
987 Sq Ft
$759 Price per Sq Ft

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

Janine Marr

HomeSmart Preferred Realty Brokerage Email: janine@janinemarrsalida.com,719-221-1838 License #100079814 Listed on: 10/15/2025

HomeSmart Preferred Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1900

Lot Details

7,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 987
  • Entry Location: Ground
  • Exclusions: Sellers personal property
  • Living Area: 987
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Fixer
  • Directions: From Hwy 50 turn right on E st, home is on the right on the corner. From downtown Salida head south on E St. towards Hwy 50 , home is on the left hand side.
  • SubdivisionName: n/a
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Self Cleaning Oven
  • Interior Amenities: Built-in Features
  • Flooring: Laminate, Wood
  • Common Walls: No Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: North
  • Foundation Details: Concrete Perimeter
  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Frame, Stucco
  • Exterior Features: Lighting
  • Patio and Porch Features: Covered, Front Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Unpaved, Gravel, Exterior Access Door, Lighted, Oversized, Tandem
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Salida

Lot Info

  • Horses: No
  • Parcel Number: R380705319108
  • Lot Size Acres: 0.17
  • Fencing: None
  • Building Area Total: 987
  • Lot Features: Corner Lot, Landscaped, Level, Many Trees, Mountainous, Near Public Transit
  • Lot Size Sq Ft: 7500

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1539

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Deed $250,000 --
Source: Public Records

Source: REcolorado®

MLS Number: 6401528

REcolorado®

APN: R380705319108

Your Personal Tour Guide

Ask me questions while you tour the home.