Colton Harris
XLV Collective Properties
(720) 802-4201
53 Total Sales
1 in Rifle
$600,000 Price
Estimated Value: $773,000 - $816,000
Fully 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Colton Harris
XLV Collective Properties
(720) 802-4201
53 Total Sales
1 in Rifle
$600,000 Price
The Real Estate Rob Team
RONIN REAL ESTATE PROFESSIONALS ERA POWERED
(970) 296-5344
170 Total Sales
1 in Rifle
$491,500 Price
Terri Montano
DIAMOND REALTY & PROPERTY, LLC
(970) 812-1822
115 Total Sales
2 in Rifle
$362,500 Price Range
Aaron Ault
Pacific Auction & Realty
(866) 455-8310
30 Total Sales
1 in Rifle
$280,000 Price
Gerald Mohl
Slifer Smith & Frampton RFV
(970) 404-8280
25 Total Sales
3 in Rifle
$125K - $485K Price Range
Trudi Watkins-Johnson
Trudi Watkins Real Estate LLC
(970) 355-3438
13 Total Sales
1 in Rifle
$416,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $500,000 | Cwt | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $365,000 | -- | ||
| -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $571,500 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $489,218 | ||
| Previous Owner | $35,000 | ||
| Previous Owner | $375,000 | ||
| Previous Owner | $347,221 | ||
| Previous Owner | $353,477 | ||
| Previous Owner | $195,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $75,000 | ||
| Previous Owner | $164,470 | ||
| Previous Owner | $183,648 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,872 | $44,040 | $6,260 | $37,780 |
| 2024 | $3,872 | $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 |
Seller's Agent in 2025
TRAVIS COX
Keller Williams Colorado West Realty (GWS)
(970) 216-4534
64 Total Sales
Buyer's Agent in 2025
Amy Luetke
The Property Shop
(970) 947-9300
173 Total Sales
Source: Aspen Glenwood MLS
MLS Number: 190859
APN: R363082
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