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Off market
  • $406,300

    217 E 3rd St, Trinidad, CO 81082

    7beds
    5,800sqft
    MultiFamily
    Built in 1922
    -- sqft lot
    $406,300 Zestimate®
    $70/sqft
    $1,166 Estimated rent

    Home value

    $406,300

    $317,000 - $512,000

    $1,166/mo

    Zestimate® history
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    Owner options

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    $1,166/mo

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    $1,166/mo

    Rent Zestimate®

    Refinance and save

    $2,278/mo

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    $2,278/mo

    Est. payment

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    What's special

    Modern updatesPreserved architectural detailsHistoric charmDouble lotPrime location

    Historic Multi-Family Property – Investor’s Dream! Don’t miss out on this incredible opportunity to own a piece of history with extremely high cash-flow potential! This charming, historic building is perfectly located just blocks from downtown, offering unbeatable proximity to amenities, restaurants, and entertainment. This property is an investor’s dream. Whether you’re looking to expand your portfolio or get started in the world of real estate, this multi-family gem offers endless potential for long-term gains. Key Features: • Prime Location: Just minutes from downtown. Surrounded by SF Housing. • Historic Charm: Beautiful Architecture. • Appraised at $325,000 as-is condition – substantial equity potential once renovated • 4 Total Units: 3 above-ground units have been consistently rented for the past 5 years. • Basement Unit: The 4th unit, located in the basement, is just waiting for the right investor to unlock its full potential. With a little sweat equity, this unit can be finished to add additional rental income and further increase the property’s value. • Investor’s Dream: Huge upside potential with room for improvements. • Double Lot: Includes 3 off-street parking spots and a Driveway. • Priced under Appraised value. Instant equity equity Day 1. Why This Property? • Steady income stream • Strong demand for rental properties in this prime location • Potential to Increase cash-flow by completing the basement rental unit and adding a laundry room. Unit Current Rental Market 4 Bedroom, 1.5 Bath: $1,350 2 Bedroom, 1 Bath: $1,150 1 Bedroom, 1 Bath: $950 Total: $3,400 2 Bedroom Basement Unit: $1,000 – Once Renovated The 4-bedroom and 1-bedroom units are currently being updated, with improvements underway to further increase the property’s value and rental potential. Once the renovations are finished, we plan to list the property through an agent and raise the price, making this an ideal time to invest before the market price increases. This rare opportunity won’t last long—schedule a viewing today and see why this historic building is the next big thing in your investment portfolio! Contact us today for more information or to arrange a showing. Act fast – this one’s a winner!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 5,800 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1922

    Community & neighborhood

    Location
    • Region: Trinidad

    Price history

    DateEventPrice
    5/8/2025Listing removed--
    Source: Owner Report a problem
    3/3/2025Listed for sale$300,000$52/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 81082

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.