$450,000

301 4th St Clifton, CO 81520

Estimated payment $2,569/month

Total Views 7,176
5 Beds
4 Baths
2,780 Sq Ft
$162 Price per Sq Ft

Highlights

  • Corner Lot
  • Luxury Vinyl Plank Tile Flooring
  • Evaporated cooling system
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Xeriscape Landscape

About This Home

10% Gross Cap Rate. Great investment opportunity if you are looking for a multifamily property! Three of the four units are leased with year leases, the other is month to month (for the past six years) grossing $3,750 per month in rent. Owner pays utilities, which are estimated at $625/month. The two downstairs units, have recently had mini-splits installed for comfort year round! Ask the listing agent or your agent for a list of recent improvements. Start acquiring wealth with this property today!

Listing Agent

Rebekah Mendrop

RE/MAX 4000, INC License #FA100079690 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70 x 100
  • Xeriscape Landscape
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Quadruplex
  • Side-by-Side
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Clifton Elementary School
  • Mt Garfield Middle School
  • Palisade High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • 2,780 Sq Ft Building
  • Spencers Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2943-111-79-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,080

Year Built

Built in 1967

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 4720
  • Fronts: Ea
  • Gas Company: Xcel
  • Heating Type: Forced Air, Wall Heater
  • How Built: Site Built
  • Irrigation Description: Not to property
  • Irrig District: PID
  • Irrig Water: Yes
  • Lot Dimensions: 70 X 100
  • Lvt Date: 08/15/2025
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Street Desc Access: City/Town
  • Style: 2 Story
  • Taxes: 2079.56
  • Tax Year: 2024
  • Total Acres: 0.17
  • Type: Fourplex
  • Water: City Water
  • Zoning: Duplex-Triplex
  • Total Building Sq Ft: 2780
  • Display On Internet: Yes
  • Design: Side By Side, Two Buildings, Upper & Lower
  • Garage Capacity: 2
  • Garage Type: Attached
  • Year Built: 1967
  • Directions: From I-70 Business Loop and Patterson/F Road, turn onti F Road. Turn South onti 4th Street. Property is on the north west corner of 4th Street and Grand Avenue.
  • Subdivision Name: Spencers Add
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 5
  • Appliances: Dryer-Some, Gas Range/Oven-All, Microwave-Some, Refrigerator-All, Washer-Some
  • Basement Foundation: Completely Finished, Full Basement
  • Floor: Carpet, Laminate, Vinyl, Luxury Vinyl Planking
  • Bathrooms: 4
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Xeriscape
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: Clifton Wa
  • Laundry: W/D Hookups In Some Units

Schools

  • Elementary School: Clifton
  • High School: Palisade

Lot Info

  • Lot Description: 75' - 100' Frontage, Corner
  • Lot Size: A: 0-0.24
  • Parcel Number: 2943-111-79-002
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 4

MLS Schools

  • Middle School: MT Garfield (Mesa County)

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 For Sale $450,000 -- $162 / Sq Ft
Source: Grand Junction Area REALTOR® Association

About the Listing Agent

Rebekah Mendrop
Rebekah Mendrop

RE/MAX 4000, INC

(970) 516-4761

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Whether buying a home, selling property, or investing in real estate contact me to see how I can work for you.

View Rebekah's Profile

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Source: Grand Junction Area REALTOR® Association

MLS Number: 20253940

Grand Junction Area REALTOR® Association
Colorado Mesa County Clifton 81520

301 4th St, Clifton, CO

This home is located at 301 4th St, Clifton, CO 81520 and is currently priced at $450,000, approximately $161 per square foot. This property was built in 1967. 301 4th St is a home located in Mesa County with nearby schools including Clifton Elementary School, Mount Garfield Middle School, and Palisade High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Junction Area REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Rebekah Mendrop
Rebekah Mendrop
Listing Agent Section Image
RE/MAX 4000, INC
(970) 516-4761