337 E 5 th Street, Rifle, CO 81650
$762,000
Property Type:
Residential
Bedrooms:
5
Baths:
6
Square Footage:
6,824
Lot Size (sq. ft.):
1
Status:
Closed
Current Price:
$762,000
List Date:
11/21/2025
Last Modified:
12/30/2025
Listing Details MLS# 190859
Location Info
- Type
- Residential Income
- Major Area
- Rifle
- Area
- 12-Rifle Proper
- Original List Price
- 750000
- Asking Price
- 750000
- Street #
- 337
- Street Direction Pfx
- E
- Street Name
- 5 th
- Street Suffix
- Street
- City/Town
- Rifle
- State/Province
- CO
- Postal Code
- 81650
Keywords Info
- Total Baths
- 6
- Baths - Full
- 5
- Baths - Half
- Yes
- Acreage
- Refer to Lot Size
- Garage
- No
- Pre-Fabricated Home
- No
Listing Info
- Seller/Owner is Licensed
- No
- REO
- No
- Member Association
- Glenwood Association
- County
- Garfield
General Info
- Sub/Loc
- Murphy
- Legal
- Section: 16 Township: 6 Range: 93 Subdivision: MURPHY ADD. Block: 1 Lot: 15 & 16
- Zoning
- Res
- Lot SqFt
- Yes
- Lv Ht SqFt
- 6824
- Total SqFt
- 6824
- Price/LvH SqFt
- 109.91
- ud_i_02
- 3
- Main Floor Primary Bedroom
- Yes
- Year Built
- 1911
- Unit Faces
- North
- Parcel #
- 217716106005
- Directions
- Whitewater to 5th St, east on 5th St
- Unfinished SqFt
- 0
Financing Info
- Metro Tax District
- No
- Taxes
- 3090.2
- Tax Year
- 2024
- Transfer Tax
- No
- HOA Dues Y/N
- No
- HOA Transfer Fee
- No
- Total HOA Fee Per Year
- 0
Status Change Info
- Under Contract Date
- 2025-11-25
- Proposed Close Date
- 2025-12-30
- Sold Date
- 2025-12-30
- Sold Price Per/SF
- 111.66
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- 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.
Electric
- Yes
- Public
Construction
- Frame
- Yes
Exterior
- Masonite
- Yes
Condition
- Good
- Yes
Cooling
- Central Air
- Yes
Basement/Substructure
- Finished
- Yes
Roof
- Composition Shingles
- Yes
Water
- Public
- Yes
Sanitation
- Sewer
- Yes
Heating
- Forced Air
- Yes
Terms Offered
- Cash
- Yes
- New Loan
- Yes
Possession
- Subject to Lease
- Yes
Inclusions
- Dishwasher
- Yes
- Oven
- Yes
- Refrigerator
- Yes
Sign
- Yes
- Yes
Property Features
Construction:
Frame
Exterior:
Masonite
Roof:
Composition Shingles
Condition:
Good
Heating:
Forced Air
Water:
Public
Cooling:
Central Air
Sanitation:
Sewer
Possession:
Subject to Lease
Terms Offered:
Cash; New Loan
Sign:
Yes
Inclusions:
Dishwasher; Oven; Refrigerator
Listing Office:
Keller Williams Colorado West Realty (GWS)
Last Updated: December - 30 - 2025
Broker Attribution:
(970) 945-8988
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
ALL RIGHTS RESERVED WORLDWIDE
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.