This rare 5-unit Colfax property offers investors an opportunity worth a closer look. This 1 acre income-producing property offers strong cash flow in a highly accessible location just minutes from Interstate 80, providing convenient access for tenants commuting to Auburn, Grass Valley, Sacramento, and the Tahoe corridor. With five rental units, this property may be an ideal addition to an investor's portfolio or an opportunity for an owner looking to expand their multifamily holdings. The desirable location, steady rental demand, and proximity to shopping, restaurants, schools, and outdoor recreation make this a property to consider.
Contingent - show
Price cut: $26K (9/25)
$499,000
220 Ponderosa Way, Colfax, CA 95713
5beds
3,310sqft
5 or More Units
Built in 1936
-- sqft lot
$498,400 Zestimate®
$151/sqft
$-- HOA
What's special
- 56 days
- 55
- 4
Zillow last checked:
Listing updated:
Listed by:
Steve Carpenter DRE #00926188 530-368-0984,
Windermere Signature Properties Roseville/Granite Bay
Source: MetroList Services of CA,MLS#: 226096247Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Propane, Separate
Cooling
- Separate
Appliances
- Laundry: Other
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 3,310 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Uncovered, Varies by Unit
- Has uncovered spaces: Yes
Lot
- Size: 1.03 Acres
- Features: Irregular Lot
Details
- Parcel number: 072120015000
- Zoning: RA-B-100
- Special conditions: Offer As Is,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Wood
- Foundation: Raised
Condition
- Year built: 1936
Utilities & green energy
- Sewer: Septic Connected
- Water: Water District, Public
- Utilities for property: Propane
Community & HOA
Location
- Region: Colfax
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $533,693
- Price range: $499K - $499K
- Date on market: 8/10/2026
- Tenant pays: Electricity, Gas, Trash Collection, Water
- Income includes: See Remarks
Estimated market value
$498,400
$473,000 - $523,000
$2,134/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $499,000-5%$151/sqft |
Source: MetroList Services of CA #226096247 Report a problem | ||
| 8/10/2026 | Listed for sale | $525,000+18.8%$159/sqft |
Source: MetroList Services of CA #226096247 Report a problem | ||
| 6/21/2016 | Sold | $442,000+93%$134/sqft |
Source: MetroList Services of CA #16011881 Report a problem | ||
| 5/31/1996 | Sold | $229,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $533,693 +2% |
| 2025 | $6,045 -0.3% | $523,230 +2% |
| 2024 | $6,064 +1.7% | $512,972 +2% |
| 2023 | $5,962 +2.1% | $502,915 +2% |
| 2022 | $5,840 +2.4% | $493,055 +2% |
| 2021 | $5,702 +1.7% | $483,388 +1% |
| 2020 | $5,604 | $478,433 +2% |
| 2019 | $5,604 +9.4% | $469,053 +2% |
| 2018 | $5,123 +2% | $459,856 +2% |
| 2017 | $5,024 +36.6% | $450,840 +40.3% |
| 2016 | $3,677 +2.5% | $321,340 +1.5% |
| 2015 | $3,587 +1.5% | $316,514 +2% |
| 2014 | $3,533 | $310,315 +0.5% |
| 2013 | -- | $308,913 +2% |
| 2012 | -- | $302,857 +2% |
| 2011 | -- | $296,920 +0.8% |
| 2010 | -- | $294,702 -0.2% |
| 2009 | -- | $295,403 +2% |
| 2008 | -- | $289,612 +2% |
| 2007 | -- | $283,935 +2% |
| 2006 | -- | $278,369 +2% |
| 2005 | -- | $272,912 +2% |
| 2004 | -- | $267,562 +1.9% |
| 2003 | -- | $262,659 +2% |
| 2002 | -- | $257,510 +2% |
| 2001 | -- | $252,462 +2% |
| 2000 | -- | $247,513 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95713
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