NOT LISTED FOR SALE

258 E Main St Rangely, CO 81648

Estimated Value: $187,609

4 Beds
2 Baths
4,140 Sq Ft
$45/Sq Ft Est. Value

Last Sold May 27, 2025

Last sale price $179,000 $43 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,114/month

84 Days on Market

Highlights

  • 0.5 Acre Lot
  • 1-Story Property
  • Evaporated cooling system
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2025

Fully Rented Multi-Unit Investment Property in Rangely, ColoradoSeize this exceptional investment opportunity in the heart of Rangely, Colorado! This fully rented property features four income-generating units, combining residential and commercial spaces for maximum profitability.The two residential units each offer 2 bedrooms and 1 bathroom, providing comfortable and affordable living spaces for tenants. These units are well-maintained and consistently occupied, ensuring reliable rental income.The property also includes two commercial units, perfectly suited for small businesses, offices, or retail ventures. With prime central location and excellent visibility, these spaces are in high demand and attract steady commercial tenants.This turnkey investment offers 100% occupancy and strong cash flow, making it an ideal addition to any portfolio. The blend of residential and commercial units provides diverse income streams and long-term growth potential.Don’t miss out on this rare opportunity to own a fully leased property in Rangely’s thriving market!

Last Agent to Sell the Property

Karen Reed

Raven Realty Brokerage Email: rangelyhomes@gmail.com,970-675-2299 Listed on: 01/27/2025

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Membrane Roofing
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,140 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Park View Elementary School
  • Rangely Middle School
  • Rangely High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Exclusions: Tenant's unattached personal property
  • Assessor Parcel Number R1000171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,153

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 4140
  • Exclusions: Tenant's unattached personal property
  • Living Area: 4140
  • SubdivisionName: Metes and Bounds
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.89950
  • Attribution Contact: rangelyhomes@gmail.com,970-675-2299
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Roof: Membrane, Metal
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Water Source: Public

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: Rangely

Lot Info

  • Parcel Number: R1000171
  • Lot Size Acres: 0.5
  • Building Area Total: 4140
  • Lot Size Sq Ft: 21700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1153

MLS Schools

  • Elementary School: Park View
  • High School: Rangely

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
May 27, 2025
Sold by
Hundtoft Thomas
Bought by
Douglas Creek Enterprise Llc
Seller's Agent
Karen Reed
Raven Realty
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$199,000
Sold Price
$179,000
Premium/Discount to List
-$20,000
-10.05%
Views
86
Current Estimated Value
$187,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,609
Avg. Annual Appreciation
16.95%
Original Mortgage
$143,200
Outstanding Balance
$142,637
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$44,972

Purchase Details

Closed on
Aug 7, 2020
Sold by
Lc Enterprises Llc
Bought by
Houdtoft Thomas

Purchase Details

Closed on
Mar 30, 2006
Sold by
Rath Kent A and Hughes Constance M
Bought by
Kc Enterprises Llc

Purchase Details

Closed on
Feb 22, 2006
Sold by
Titmus John W
Bought by
Rath Kent A and Hughes Constance M

Purchase Details

Closed on
Feb 16, 2006
Sold by
Mcilhenny Walter H and Mcilhenny Arvilla A
Bought by
Titmus John W

Purchase Details

Closed on
Aug 30, 2004
Sold by
Dorris Brian L and Kendall Dorris Vicki
Bought by
Mcilhenny Walter H and Mcilhenny Arvilla A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Douglas Creek Enterprise Llc $179,000 None Listed On Document
Houdtoft Thomas $145,000 None Available
Kc Enterprises Llc -- None Available
Rath Kent A $63,000 None Available
Titmus John W -- None Available
Mcilhenny Walter H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Creek Enterprise Llc $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $179,000 -10.1% $43 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $199,000 -- $48 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

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
2024 $1,362 $16,220 $5,560 $10,660
2023 $1,362 $16,220 $5,560 $10,660
2022 $1,908 $26,130 $4,810 $21,320
2021 $1,882 $26,130 $4,810 $21,320
2020 $2,020 $28,310 $4,840 $23,470
2019 $1,898 $28,310 $4,840 $23,470
2018 $1,862 $29,730 $4,880 $24,850
2017 $2,075 $29,730 $4,880 $24,850
2016 $2,157 $32,190 $4,910 $27,280
2015 $1,806 $32,190 $0 $0
2014 $1,806 $32,660 $0 $0
2013 -- $32,660 $0 $0
2012 -- $33,300 $4,910 $28,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9266312

REcolorado®

APN: R100171