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Home » Real Estate » CO » Trinidad » 81082 » 417 W 3rd St, Trinidad, CO, 81082
$525,000

417 W 3rd St, Trinidad, CO, 81082

4 Beds
4 Baths
5,278 Square Feet
Fully leased fourplex generating $48,000 in gross annual rental income. All four units are 1-bedroom, 1-bathroom and currently occupied by tenants under lease, providing immediate cash flow. Extensive capital improvements completed within the last two years include all-new permitted electrical systems, permitted plumbing upgrades throughout the building, a new sewer line, four remodeled bathrooms, an updated kitchen in Unit 4, refinished hardwood floors, and 13 replacement windows. Built in 1908, the property blends historic character with significant infrastructure upgrades. Situated on a spacious 0.31-acre lot near downtown Trinidad, shopping, restaurants, schools, and public transportation. Mountain and city views, mature trees, and strong rental demand make this an attractive addition to an investment portfolio. A rare opportunity to acquire an updated, income-producing multifamily property with stable tenants already in place.
Offered By
H Gregory Cicciu, HomeSmart Realty

Property Details

Property Type Residential Income
Status Active
Bedrooms 4
Square Feet 5,278
MLS # 6880001

Market Trends

New Properties On Market
10
25% Increase In New Listings
Average Asking Price
$321,295
$120,738 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$102
$19 Decrease In List Price/Sq. Ft.
Average Days On Market
1
26 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.