Here is a great rental property investment opportunity in downtown Salida! The Historic, brick, 6 plex on Fourth Street houses (4) studio apartments and (2) 2 bedroom apartments, all with 1 bath. The detached Bungalow on the alley has 3 bedrooms, with a bonus room, 1 bath, and an attached carport. Shared yard with a storage building in between the buildings. All units include range and refrigerator. The units vary in floor plan and degree of recent updates. South facing windows provide good natural lighting. Sellers pay gas, trash, and water, tenants pay electric. Nice, peaceful, residential neighborhood location only a block from Alpine Park and 3 blocks from Historic Downtown Salida. Rents have been reasonably maintained to accommodate many long term tenants. Income, Cap Rate, and status of occupied units may change by time of a purchase contract. These properties don't become available often in Salida. Make it yours today!
Property Details
- Acres
- 0.108
- Lot Size (sqft)
- 4688.0
- Parking Features
- Concrete
- Parking Spaces
- 2
- Parking Type
- Carport
- Parking Carport Spaces
- 2
- Property Type
- Purchase
- Style
- Bungalow, Traditional
- Year Built
- 1920
- Roof
- Membrane, Metal
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Sewer Connected
- County
- CHAFFEE
- Region
- Salida
- Zoning
- R4
- Taxes Annual
- $2,812
- MLS #
- 6954970
- Property Subtype
- Multi Family
- Parcel Number
- R380705157172
- MLS #
- 6954970
- Date Listed
- February 20, 2025
- Address
- 317 E 4th Street #A
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-07 08:37:40 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: Sep 7, 2026 8:37 AM. Source: RECOLORADO
Provided By
Listed by Martin Epp (#770019a3a50aa7404e958571ebaf4696), epp@firstcolorado.com,719-221-1642
Listing Office: First Colorado Land Office, Inc.
Legal Notice
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
