337 E 5th St

6,824 Sq. Ft.
$112 / Sq. Ft.
6,824
Sq. Ft.
$112
per Sq. Ft.

Description

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,...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.
  1. Listed by Travis J Cox • Keller Williams Colorado West Realty (GWS) • (970) 945-8988

Property Details for 337 East 5th Street

Garage
No
Property Faces
North
Sub/Loc
Murphy
LISTING CLOSED: 12/29/2025 05:00 PM

Property Details for 337 East 5th Street

StatusClosed
MLS #190859
Days on Market39
Taxes$3,090 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Residential Income
Year Built1911
Lot Size0.00 AC / 1 SF
CountyGarfield County

Location

Listing Courtesy of Keller Williams Colorado West Realty (GWS), Travis J Cox

Sold By The Property Shop, Amy Luetke

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Building Information for 337 East 5th Street

Stories3Residences-Year Built1911Building Size-Lot Size0.00 AC / 1 SF

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$4,131 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,873

Property Taxes

$258

HOA Dues

$0

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Property Information for 337 East 5th Street

General Information
Location Details
  • Directions: Whitewater to 5th St, east on 5th St
Key Details
  • Acreage: Refer to Lot Size
  • Room Total: 0
General Details
  • Under Construction: No
  • Parcel #: 217716106005
  • Lv Ht SqFt: 6,824.00
  • Zoning: Res
  • Total SqFt: 6,824.00
  • Lot Size Area: 1.00
  • Stories: 3
  • Unfinished SqFt: .00
  • General Info: Unit Faces: North
Feature Details
Feature Details
  • Water Source: Public
  • Roof: Composition
  • Roof: Composition Shingles: Yes
  • Inclusions: Oven, Refrigerator, Dishwasher
  • Cooling: Central Air
  • Heating: Forced Air
  • Building Features: Yes
  • HOA Dues: $0
  • Condition: Good
  • Cooling: Yes
  • Heating: Yes
  • Sanitation:Sewer: Yes
  • Construction: Frame: Yes
  • Exterior: Masonite: Yes
  • Electric: Yes: Public
  • Condition: Good: Yes
  • Sign: Yes
  • Substructure: Finished Basement: Yes
Listing / Finance Information
Listing Information
  • Occupant Type: Tenant
  • Pre-Fabricated Home: No
  • Listing Info: REO: No
Financial Information
  • Tax Year: 2024
  • Metro Tax District: No
  • Keywords Info: Total HOA Fee Per Year: $.00
  • Financing Info: Metro Tax District: No
  • Financing Info: Transfer Tax: No
  • Financing Info: HOA Transfer Fee: No

Property History for 337 East 5th Street

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Sold (Public Record)

Public Record #1925936838

$762,000
Dec 29, 2025

Sold

Aspen Glenwood MLS #190859

$762,000
Nov 24, 2025

Pending

Aspen Glenwood MLS #190859

DateEvent & SourcePrice
12/30/2025

Sold (Public Record)

Public Record #1925936838

$762,000
12/29/2025

Sold

Aspen Glenwood MLS #190859

$762,000
11/24/2025

Pending

Aspen Glenwood MLS #190859

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 337 East 5th Street

Taxable ValueLand$6,260Additions$37,780Total$44,040
Tax Record2025$3,872 ($323 / month)
Home Facts
Total Finished SqFt6,824 SqFtAbove Grade Finished SqFt4,634 SqFtFinished Basement SqFt2,190 SqFtUnfinished Basement SqFt2,190 SqFtStories1Lot Size25,000 SqFtStyleDuplexYear Built1911CountyGARFIELDAPN217716106005

Schools near 337 East 5th Street

This home is within Garfield Re-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Highland Elementary School
PublicPK to 5

Rifle Middle School
Public6 to 8

Rifle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Colorado West Realty (GWS), Travis J Cox

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 11/20/2025 05:00 PM through 07/30/2026 11:11 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/30/2025 11:03 AM