Rare mountain investment opportunity with 4 income-producing units on 7.8 private acres near Conifer! This incredible quadruplex property features zero covenants and no HOA, offering maximum flexibility. The all usable near flat acreage features a beautiful blend of mature trees and rolling meadows. The property consists of 4 fully leased units spanning 3,382 total finished square feet with 6 bedrooms and 4 bathrooms overall. The versatile structures include a classic up-and-down duplex (built 1952), a separate single-family home (built 1952), and a charming, historic log house (built 1865). Supported by 1 shared well with newer well pump and 2 independent septic systems, this is a turnkey setup with immediate cash flow.
For sale
$900,000
31511 Shadow Mountain Dr, Conifer, CO 80433
6beds
4baths
--sqft
Quadruplex
Built in 1952
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 205 days
- 233
- 15
Zillow last checked:
Listing updated:
Listed by:
William Dixon 303-865-5127,
RE/MAX Alliance Parker
Source: elevateMLS,MLS#: 7356824
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard, Electric, Forced Air, Hot Water, Propane, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
- Laundry: Electric Hook-up
Features
- Has fireplace: No
- Fireplace features: None
Video & virtual tour
Property
Features
- Fencing: See Remarks
Lot
- Size: 7.86 Acres
Details
- Parcel number: 6108100002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Log Siding, Wood Siding, Framed on Lot, Log, Frame
- Foundation: Not Applicable
- Roof: Composite Shingle
Condition
- Existing
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Well
- Utilities for property: Cable Not Available, Electricity Connected, Propane
Community & HOA
Location
- Region: Conifer
Financial & listing details
- Tax assessed value: $1,284,548
- Annual tax amount: $7,389
- Date on market: 4/2/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $900,000+157.1% |
Source:  REcolorado as distributed by MLS GRID #8017563 Report a problem | ||
| 7/20/2017 | Listing removed | $1,375 |
Source: Zillow Rental Manager Report a problem | ||
| 7/7/2017 | Price change | $1,375-1.4% |
Source: Zillow Rental Manager Report a problem | ||
| 6/26/2017 | Listed for rent | $1,395 |
Source: Zillow Rental Manager Report a problem | ||
| 11/2/1999 | Sold | $350,000+21.7% |
Source: Public Record Report a problem | ||
| 12/19/1996 | Sold | $287,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,728 -0.3% | $80,285 +3% |
| 2024 | $6,748 +24.1% | $77,924 |
| 2023 | $5,435 -1.3% | $77,924 +26.7% |
| 2022 | $5,510 +21.2% | $61,524 -2.8% |
| 2021 | $4,548 | $63,295 +20.8% |
| 2020 | $4,548 +3.5% | $52,399 |
| 2019 | $4,396 +14.2% | $52,399 +13.6% |
| 2018 | $3,849 | $46,139 |
| 2017 | $3,849 +8.5% | $46,139 +6.8% |
| 2016 | $3,547 | $43,194 |
| 2015 | $3,547 +7.4% | $43,194 +13.3% |
| 2014 | $3,304 +16% | $38,122 +8.8% |
| 2012 | $2,847 -8.2% | $35,046 |
| 2011 | $3,101 +0.1% | $35,046 -8.8% |
| 2010 | $3,099 +13.3% | $38,430 +13.1% |
| 2008 | $2,735 +10.4% | $33,990 |
| 2007 | $2,477 +0.2% | $33,990 +11.8% |
| 2006 | $2,472 +0.9% | $30,390 +3.3% |
| 2005 | $2,451 +17.4% | $29,430 +6.1% |
| 2002 | $2,089 -2.8% | $27,740 +7.9% |
| 2001 | $2,150 -1.1% | $25,700 |
| 2000 | $2,173 | $25,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80433
Nearby schools
Schools provided by the listing agent
- District: Jefferson R-1
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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