$1,000,000

512 E 4th St Cortez, CO 81321

Estimated payment $5,603/month

12 Beds
6 Baths
6,720 Sq Ft
$149 Price per Sq Ft

Highlights

  • Mountain View
  • 1-Story Property
  • Evaporated cooling system

About This Home

This home is located at 512 E 4th St, Cortez, CO 81321 and is currently priced at $1,000,000, approximately $148 per square foot. This property was built in 1978. 512 E 4th St is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Listing Agent

Cody Wells

Xtrov Listed on: 05/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1978

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 6,720 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Crawl Space
  • Oven or Range
  • Washer and Dryer Hookup

Schools

  • Mesa K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Additional Features

  • 27,878 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 561126419006

Community Details

Overview

  • 8 Units
  • F R Coffins Addition Subdivision

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $7,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,609

Year Built

Built in 1978

Lot Details

0.64 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.64
  • Class: Multifamily
  • Em Deposit: 10000
  • Em Holder: Title Company
  • Interior Inclusions: W/D Hookup
  • Legal Lot Block: Section: 26 Township: 36 Range: 16 TR SE1/4 UNPLATTED TR IN F R COFFINS ADDITION B487 P218
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 561126419006
  • Price Per Sq Ft: 148.81
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R010122
  • Zoning: Residential, Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas
  • Metered: Metered for Electricity, Metered for Gas, Metered for Water
  • Property Mngr: Xtrov
  • Total Number Electric Meters: 8
  • Total Number Gas Meters: 8
  • Total Number Water Meters: 4
  • Total Taxes Dollar: 3609.20
  • Year Built: 1978
  • Prop Description Remarks: Don't miss out on this incredible investment opportunity. 8 well maintained 2 bed 1 bath units that are all rented out at competitive prices. It is right in the middle of Cortez and not far off from Main St. This property is turnkey ready and waiting for the right investor. Schedule your showing today!
  • Subdv Name: F R Coffins Addition
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Master Bedroom: Main Level
  • Estimated Total Sq Ft: 6720
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Parking: Common

Utilities

  • Cooling: Evaporative Cooler
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • Water Supplier: City of Cortez

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 8
  • Gross Scheduled Income: 7400

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8

Map

Range of Values:

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Value Increase
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Percent Increase
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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 $3,609 $71,530 $5,795 $65,735
2024 $3,073 $59,796 $9,096 $50,700
2023 $2,797 $64,174 $9,762 $54,412
2022 $2,169 $45,847 $4,458 $41,389
2021 $2,255 $45,847 $4,458 $41,389
2020 $1,837 $38,792 $4,903 $33,889
2019 $1,841 $38,792 $4,903 $33,889
2018 $2,285 $35,850 $4,440 $31,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2026 05/06/26 For Sale $1,000,000 +19.0% $149 / Sq Ft
11/09/2021 11/09/21 Sold $840,000 -15.6% $125 / Sq Ft View Prior Sale
09/08/2021 09/08/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $995,000 -- $148 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Personal Reps Deed -- None Listed On Document
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 834396

Colorado Real Estate Network (CREN)

APN: R010122

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