Seller's Agent in 2025
TRAVIS COX
Keller Williams Colorado West Realty (GWS)
(970) 216-4534
4 in this area
70 Total Sales
5
Beds
5.5
Baths
6,824
Sq Ft
1911
Built
Highlights
- Green Building
- Forced Air Heating and Cooling System
- 1-minute walk to Centennial Park
- Main Floor Primary Bedroom
- North Facing Home
About This Home
As of December 2025Fully Occupied fourplex with positive cash flow. 337 E 5th Street offers a rare opportunity to acquire a well-maintained four-unit property generating $6,900/month in gross rental income with a self managed 8.45% cap rate or 7.4% cap rate with professional management. This income-producing asset includes a spacious 3 bed / 2.5 bath unit, two comfortable 1 bed / 1 bath units, and a roomy studio for a balanced mix that attracts a broad range of tenants. Rifle's rental market continues to show strong, steady demand, fueled by a stable local workforce, limited rental inventory, and proximity to key industries like energy, healthcare, and outdoor recreation. With a gross annual income of $82,880, this property delivers immediate cash flow in a market where vacancy rates remain low. The building has been well cared for, making it a true plug-and-play investment with potential for rent growth and long-term appreciation. Rifle is widely considered a strong buy-and-hold market, with both property values and rental rates trending upward. This is the kind of opportunity investors look back on and wish they took the opportunity when they had the chance.
Last Agent to Sell the Property
Keller Williams Colorado West Realty (GWS) Brokerage Phone: (970) 945-8988 License #EA40036459 Listed on: 11/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,090
Year Built
- Built in 1911
Lot Details
- North Facing Home
- Property is in good condition
Home Design
- Frame Construction
- Composition Roof
- Composition Shingle Roof
- Masonite
Interior Spaces
- 6,824 Sq Ft Home
- 3-Story Property
- Finished Basement
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Additional Features
- Green Building
- Forced Air Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Association fees include sewer
- Murphy Subdivision
Listing and Financial Details
- Assessor Parcel Number 217716106005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2017
Sold by
Tamburello Gregory J and Tamburello Anne E
Bought by
Nichols Jimmie and Nichols Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$247,648
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$608,974
Purchase Details
Closed on
Nov 2, 2004
Sold by
Tamburello Gregor J
Bought by
Tamburello Gregory J and Tamburello Anne E
Purchase Details
Closed on
Feb 2, 2004
Sold by
Smalley Larry
Bought by
Tamburello Gregory J
Purchase Details
Closed on
Dec 23, 2002
Sold by
The Archdiocese Of Denver
Bought by
Tamburello Gregory J and Smalley Larry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,648
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1911
Sold by
Wall N A
Bought by
Matz Rev N C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Cwt | |
| Interfamily Deed Transfer | -- | -- | |
| Special Warranty Deed | -- | -- | |
| Special Warranty Deed | -- | -- | |
| Special Warranty Deed | $365,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Commercial | |
| Previous Owner | $183,648 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | Sold | $762,000 | +1.6% | $112 / Sq Ft |
| 11/21/2025 11/21/25 | For Sale | $750,000 | -- | $110 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $3,090 | $40,530 | $4,910 | $35,620 |
| 2023 | $3,090 | $40,530 | $4,910 | $35,620 |
| 2022 | $2,755 | $38,480 | $4,590 | $33,890 |
| 2021 | $3,235 | $40,470 | $4,830 | $35,640 |
| 2020 | $2,730 | $37,330 | $4,500 | $32,830 |
| 2019 | $2,584 | $37,330 | $4,500 | $32,830 |
| 2018 | $2,104 | $29,720 | $4,320 | $25,400 |
| 2017 | $1,901 | $29,720 | $4,320 | $25,400 |
| 2016 | $1,481 | $26,210 | $4,780 | $21,430 |
| 2015 | $1,368 | $26,210 | $4,780 | $21,430 |
| 2014 | -- | $25,570 | $1,950 | $23,620 |
Source: Public Records
Agents Affiliated with this Home
-
TRAVIS COX
-
Amy Luetke
Buyer's Agent in 2025
Amy Luetke
The Property Shop
(970) 947-9300
20 in this area
192 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 190859
APN: R363082
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