Attention, investors! This offering boasts 4 Single Family Homes situated on an expansive 1.4-acre lot in Lincoln Park! The property includes three brand-new septic tanks, two storage sheds, and features one home that is wheelchair accessible. All four houses have recently received brand-new roofs, ensuring durability and longevity.Currently, the properties operate on a month-to-month lease basis, providing flexibility for the new owner. Whether you choose to maintain the existing layout or embark on a remodeling venture, the potential for this property is vast. It presents an excellent opportunity for seasoned investors and those looking to make a strategic entry into the rental market. Don't miss the chance to capitalize on the potential of this income property. Schedule your viewing today and envision the possibilities that await on this expansive 1.4-acre parcel with four single-family homes!
Sold for $470,000
$470,000
1512 Elm Ave, Canon City, CO 81212
--beds
--baths
3,937sqft
Multi Family
Built in 1940
-- sqft lot
$468,600 Zestimate®
$119/sqft
$1,227 Estimated rent
Home value
$468,600
$389,000 - $534,000
$1,227/mo
Zestimate® history
Owner options
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$1,227/mo
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$1,227/mo
Rent Zestimate®
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$2,721/mo
Est. payment
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$2,721/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tanya L. Marushack,
Homesmart Preferred Realty
Bought with:
Comps, Only
Source: Royal Gorge AOR,MLS#: 70031
Facts & features
Interior
Cooling
- Refrigerated Air
Interior area
- Total structure area: 3,937
- Total interior livable area: 3,937 sqft
Property
Lot
- Size: 1.4 Acres
Details
- Parcel number: 99104461
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Canon City
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $414,996
- Annual tax amount: $1,887
- Date on market: 1/8/2025
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2024 | Sold | $470,000$119/sqft |
Source:  Royal Gorge AOR #70031 Report a problem | ||
| 5/16/2024 | Contingent | $470,000$119/sqft |
Source:  HomeSmart #70031 Report a problem | ||
| 2/16/2024 | Price change | $470,000-14.5%$119/sqft |
Source: Royal Gorge AOR #70031 Report a problem | ||
| 12/15/2023 | Listed for sale | $550,000$140/sqft |
Source: Royal Gorge AOR #70031 Report a problem | ||
| 8/28/2023 | Listing removed | $550,000$140/sqft |
Source:  PAR #210064 Report a problem | ||
| 5/10/2023 | Listing removed | -- |
Source: Royal Gorge AOR #68097 Report a problem | ||
| 5/10/2023 | Contingent | $550,000$140/sqft |
Source: PAR #210064 Report a problem | ||
| 3/18/2023 | Price change | $550,000-6.8%$140/sqft |
Source: PAR #210064 Report a problem | ||
| 3/10/2023 | Price change | $590,000-1.7%$150/sqft |
Source: Royal Gorge AOR #68097 Report a problem | ||
| 1/11/2023 | Listed for sale | $600,000-7.7%$152/sqft |
Source: Royal Gorge AOR #68097 Report a problem | ||
| 12/28/2022 | Listing removed | -- |
Source:  elevateMLS #5491012 Report a problem | ||
| 11/17/2022 | Price change | $650,000-7.8%$165/sqft |
Source: elevateMLS #5491012 Report a problem | ||
| 9/26/2022 | Price change | $705,000-2.8%$179/sqft |
Source: elevateMLS #5491012 Report a problem | ||
| 8/16/2022 | Listed for sale | $725,000+302.8%$184/sqft |
Source: elevateMLS #5491012 Report a problem | ||
| 2/26/2007 | Sold | $180,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,297 +19.9% | $27,805 +19.9% |
| 2023 | $1,915 +1.5% | $23,182 +3% |
| 2022 | $1,888 -0.2% | $22,498 -2.8% |
| 2021 | $1,891 +35.1% | $23,146 +34.1% |
| 2020 | $1,400 +1.3% | $17,262 |
| 2019 | $1,382 +21.1% | $17,262 +15.5% |
| 2018 | $1,141 | $14,950 |
| 2017 | $1,141 +10.6% | $14,950 +1.8% |
| 2016 | $1,032 +0.2% | $14,680 |
| 2015 | $1,030 | $14,680 |
Find assessor info on the county website
Neighborhood: Lincoln Park
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10McKinley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Canon City Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Canon City High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: McKinley
Source: Royal Gorge AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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