Exceptional Investment Opportunity - Fully Leased 6-Unit Income Property. This turnkey complex offers strong, steady income and a solid return, an excellent addition to any investor's portfolio. Fully Rented with consistent rental history. Projected Gross Income of $70K annually and estimated expenses of $25K annually. Cap Rate comes in around 5.37%. There is one 3 Bed / 2 Bath unit (~1,250 sq ft). Units 2-4 are efficient 1 Bed / 1 Bath apartments (~250 sq ft each) and unit 6 is a standalone 1 Bed / 1 Bath cabin (~350 sq ft). Tenants pay for electric and water, keeping operating costs low. A coin-operated laundry provides additional income, and there's ample off-street parking for tenant convenience. Located within walking distance to downtown, close to schools and the recreation center; this property stays in high demand. Whether you're expanding your real estate portfolio or entering the multi-family market, this property checks all the boxes for reliable cash flow and long-term potential. Schedule your private showing today!
Sold for $797,000
$797,000
418 Stanley Ave, Estes Park, CO 80517
5beds
4baths
3,037sqft
Multi Family
Built in 2005
-- sqft lot
$778,100 Zestimate®
$262/sqft
$2,451 Estimated rent
Home value
$778,100
$716,000 - $840,000
$2,451/mo
Zestimate® history
Owner options
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$2,451/mo
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$2,451/mo
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$4,578/mo
Est. payment
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$4,578/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Javier Gomez 970-586-5324,
RE/MAX Mountain Brokers,
Maria Gomez 970-213-9479,
RE/MAX Mountain Brokers
Bought with:
Javier Gomez, 100048106
RE/MAX Mountain Brokers
Source: IRES as distributed by MLS GRID,MLS#: 1034036
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Electric Range, Refrigerator, Microwave, Disposal
Features
- Outside Entry, Kitchen Island
- Flooring: Wood
- Windows: Skylight(s)
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,037
- Total interior livable area: 3,037 sqft
Property
Parking
- Total spaces: 12
- Details: 2 Spaces/Unit
Features
- Levels: One
- Stories: 1
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.44 Acres
- Features: Evergreen Trees, Native Plants, Level, City Limits, Paved, Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
Details
- Parcel number: R0520101
- Zoning: RM
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding, Painted/Stained
- Roof: Composition
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Town of Estes
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Available, Cable Available, Separate Meter Electricity, Satellite Avail, High Speed Avail
Community & HOA
Community
- Subdivision: White Meadow View Place Add
HOA
- Has HOA: No
Location
- Region: Estes Park
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $675,000
- Annual tax amount: $2,429
- Date on market: 5/15/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Tenant's personal property
- Tenant pays: Deposit, Electricity, Water
- Income includes: Lease/Rents, Laundry
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $797,000-6.2%$262/sqft |
Source:  IRES as distributed by MLS GRID #1034036 Report a problem | ||
| 5/15/2025 | Listed for sale | $850,000+467%$280/sqft |
Source: IRES as distributed by MLS GRID #1034036 Report a problem | ||
| 1/11/2005 | Sold | $149,900-26.4%$49/sqft |
Source: Public Record Report a problem | ||
| 4/5/2004 | Sold | $203,599$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,244 +33.5% | $42,187 +14.5% |
| 2024 | $2,429 -5.6% | $36,851 -1% |
| 2023 | $2,574 -4.6% | $37,207 +10.4% |
| 2022 | $2,697 +2.3% | $33,705 -4.8% |
| 2021 | $2,638 +0.6% | $35,393 +3.6% |
| 2020 | $2,623 +20.6% | $34,170 -0.7% |
| 2019 | $2,174 | $34,408 +25.3% |
| 2018 | $2,174 | $27,468 |
| 2017 | $2,174 -0.5% | $27,468 +1.5% |
| 2016 | $2,186 +6.5% | $27,056 0% |
| 2015 | $2,053 +3.8% | $27,060 +1.2% |
| 2014 | $1,978 | $26,740 |
| 2013 | -- | $26,740 -1.2% |
| 2012 | -- | $27,070 |
| 2010 | -- | $27,070 |
| 2009 | -- | $27,070 +6.2% |
| 2008 | -- | $25,480 +22.7% |
| 2001 | -- | $20,770 |
Find assessor info on the county website
Neighborhood: 80517
Nearby homes
- $211,2001 bd1 ba307 sqft418 Stanley Ave #6, Estes Park, CO 80517Off Market
- $215,7001 bd1 ba325 sqft418 Stanley Ave UNIT 5, Estes Park, CO 80517Off Market
- $508,4001 bd1 ba325 sqft418 Stanley Ave UNIT 3, Estes Park, CO 80517Off Market
- $546,1001 bd1 ba3 sqft418 Stanley Ave UNIT 2, Estes Park, CO 80517Off Market
- $420,3003 bd2 ba1k sqft418 Stanley Ave UNIT 1, Estes Park, CO 80517Off Market
- $494,4002 bd1 ba1.3k sqft415 Ponderosa Dr, Estes Park, CO 80517Off Market
- $539,7003 bd1 ba1.1k sqft420 Stanley Ave, Estes Park, CO 80517Off Market
- $593,0003 bd1 ba1.5k sqft412 Stanley Ave, Estes Park, CO 80517Off Market
Nearby schools
GreatSchools rating
- 4/10Estes Park K-5 SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Estes Park Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Estes Park High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Estes Park
- Middle: Estes Park
- High: Estes Park
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Colorado
- Larimer County
- Estes Park
- 80517
- 418 Stanley Ave
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