$438,350
SOLD AUG 12, 2025

309 Marion Ave Platteville, CO 80651

5 Beds
3 Baths
2,070 Sq Ft
5,940 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • High Speed Internet
  • Double Pane Windows
  • Laundry Facilities
  • Level Lot

About This Home

As of August 2025

Great opportunity to own a cash-generating triplex! All units recently remodeled with new kitchens, new appliances, new doors, new paint, new windows, and new flooring. Onsite coin-op laundry. 3 units. Units rent fast. Owner selling due to unrelated personal matter, giving you the chance to take over this turnkey cashflowing rental.

Last Agent to Sell the Property

Justin Gesso

Pro Realty Inc Listed on: 07/02/2025

Co-Listed By

Brandon Jasper

Pro Realty Inc

Last Buyer's Agent

Ivan Lujan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1888

Lot Details

  • 5,940 Sq Ft Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Flat Tile Roof

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Primary bathroom on main floor

Outdoor Features

  • Exterior Lighting

Schools

  • Platteville Elementary School
  • South Valley Middle School
  • Valley High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $3,750
  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R4892886

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Platteville Town Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $42,950
  • Net Operating Income $40,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$694

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Inclusions: Electric Range/Oven,Dishwasher,Microwave,All Appliances
  • Year Built: 1888
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 1PROR
  • Subdivision Name: Platteville Town
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2070
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Microwave, All Appliances
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 5
  • Entry Location: Outside Entry
  • Interior Amenities: High Speed Internet, Outside Entry
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Block
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Separate Meter Electricity
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, Town of Platteville
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Platteville
  • HighSchool: Valley
  • Junior High Dist: Weld County RE-1
  • Middle Or Junior School: South Valley

Lot Info

  • Zoning: NR-MU
  • Land Lease Amount Frequency: Fixed Term,Annually
  • Lot Size Sq Ft: 5940
  • Parcel #: R4892886
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 694

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42950
  • Income Includes: ["Lease/Rents","Laundry"]
  • Annual Operating Expense: 2139
  • Total Actual Rent: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Aug 7, 2025
Sold by
Rutherford Incorporated
Bought by
Orona Jose Eleazar Esca
Seller's Agent
Justin Gesso
Pro Realty Inc
Buyer's Agent
Ivan Lujan
List Price
$449,000
Sold Price
$438,350
Premium/Discount to List
-$10,650
-2.37%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-98.38%
Original Mortgage
$328,762
Outstanding Balance
$328,762
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$262

Purchase Details

Closed on
Aug 28, 1997
Sold by
Stallings Hal L and Stallings Kristen L
Bought by
Minch Donald and Minch Betty N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,807
Interest Rate
10.75%

Purchase Details

Closed on
May 18, 1995
Sold by
Lopez Donna Marie
Bought by
Stallings Hal L and Stallings Kristen L

Purchase Details

Closed on
Jun 8, 1990

Purchase Details

Closed on
May 4, 1990
Sold by
Unk
Bought by
Unk

Purchase Details

Closed on
May 3, 1990
Sold by
Noel James P and Noel Idella M
Bought by
Haswell Donald G and Haswell Vivian I

Purchase Details

Closed on
Apr 27, 1989

Purchase Details

Closed on
May 22, 1987
Sold by
Massey Paul L and Massey Elizabeth Ann
Bought by
Metrowest Publishing Inc

Purchase Details

Closed on
Oct 30, 1978
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $438,350 First American Title
Warranty Deed $108,000 First American Heritage Titl
Deed $51,500 --
Deed -- --
Deed -- --
Deed $16,000 --
Deed -- --
Deed $45,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,762 New Conventional
Previous Owner $420,625 New Conventional
Previous Owner $77,000 Unknown
Previous Owner $77,500 Unknown
Previous Owner $80,807 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $438,350 -2.4% $212 / Sq Ft
07/02/2025 07/02/25 For Sale $449,000 -- $217 / Sq Ft
Source: IRES MLS

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
2025 $694 $14,940 $4,750 $10,190
2024 $694 $14,940 $4,750 $10,190
2023 $618 $14,510 $4,870 $9,640
2022 $795 $12,360 $3,740 $8,620
2021 $865 $12,990 $3,930 $9,060
2020 $627 $9,960 $2,150 $7,810
2019 $648 $9,960 $2,150 $7,810
2018 $570 $8,360 $1,800 $6,560
2017 $540 $8,360 $1,800 $6,560
2016 $687 $11,040 $1,590 $9,450
2015 $605 $11,040 $1,590 $9,450
2014 $418 $7,690 $2,070 $5,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1038257

IRES MLS

APN: R4892886