Estimated payment $3,395/month
Welcome to 157 N 4th Ave with TWO ADU’s! This one-of-a-kind property sitting on an oversized 10,000+ sqft lot with THREE separate living spaces. Whether you’re an investor, a house hacker, or just need flexible space for family or business—this property delivers. The front home offers 2 bedrooms, 1.5 baths, and its own laundry area—perfect as a primary or high-demand rental. The second unit is a private studio with a full kitchen, bathroom, laundry, and its own entrance—ideal for short or long-term rental income. And the third unit? A unique A-frame studio with a loft, kitchen, full bath that’s an additional cash flow opportunity favorite waiting to happen. Outside, you'll have tons of parking space for RVs, work trucks, trailers, and commercial vehicles—with NO HOA holding you back. There is tons of space to build an oversized garage in the back. Live in one, rent the others, or fully lease all three—this is a turnkey income producing property with endless potential. This home has been upgraded from the inside out with a NEW roof, NEW hvac system, NEW siding, NEW flooring, NEW cabinets/countertops and much more. Opportunities like this don’t come often. Don’t miss it.
Listing Agent
Keller Williams Realty Downtown LLC Brokerage Email: arlene@iam-homes.com,720-474-0292 License #100078131 Listed on: 07/25/2025
| 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 |
|---|---|---|---|---|
| 2024 | $2,298 | $21,370 | $5,310 | $16,060 |
| 2023 | $2,287 | $24,490 | $5,410 | $19,080 |
| 2022 | $2,036 | $18,540 | $4,930 | $13,610 |
| 2021 | $1,909 | $18,540 | $4,930 | $13,610 |
| 2020 | $1,673 | $16,940 | $4,860 | $12,080 |
| 2019 | $1,674 | $16,940 | $4,860 | $12,080 |
| 2018 | $1,103 | $11,150 | $4,750 | $6,400 |
| 2017 | $1,101 | $11,150 | $4,750 | $6,400 |
| 2016 | $640 | $6,460 | $2,390 | $4,070 |
| 2015 | $639 | $6,460 | $2,390 | $4,070 |
| 2014 | -- | $7,170 | $1,910 | $5,260 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | For Sale | $580,000 | +125.2% | $364 / Sq Ft |
| 06/10/2022 06/10/22 | Sold | $257,500 | -4.6% | $290 / Sq Ft |
| 05/31/2022 05/31/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $270,000 | -- | $304 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $117,500 | None Available | |
| Warranty Deed | $79,900 | Land Title Guarantee Company | |
| Special Warranty Deed | $64,000 | Empire Title | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $134,000 | -- | |
| Special Warranty Deed | $90,700 | -- | |
| Warranty Deed | $127,000 | Land Title Guarantee Company |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,000 | New Conventional | |
| Closed | $150,000 | Credit Line Revolving | |
| Closed | $110,000 | New Conventional | |
| Closed | $94,000 | New Conventional | |
| Previous Owner | $77,874 | FHA | |
| Previous Owner | $54,062 | FHA | |
| Previous Owner | $51,968 | FHA | |
| Previous Owner | $127,300 | Stand Alone First | |
| Previous Owner | $86,250 | Unknown | |
| Previous Owner | $125,037 | FHA | |
| Previous Owner | $20,263 | Unknown |
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Source: REcolorado®
MLS Number: 4987702
APN: 1569-06-3-08-002
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