Excellent investment opportunity in the heart of Craig, Colorado. This well-maintained five-unit multifamily property offers a proven rental history, 100% occupied, producing $4400 gross rental income per month. This five unit building consists of four 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, providing a desirable unit mix that appeals to a broad tenant base.
The current owners have made numerous recent improvements, including updating two of the units with fresh interior paint, new flooring, and select new appliances. In addition, the property is serviced by three newer water heaters, providing added reliability and reducing future maintenance concerns. With several major capital improvements already completed, this is an excellent opportunity for investors seeking a property with reduced upfront maintenance costs.
All five units are currently leased, with leases extending through the summer of 2027, offering stable, long-term rental income from day one. The property also features convenient off-street parking located behind the building.
Ideally situated within walking distance of the public library, grocery stores, restaurants, schools, and churches, tenants enjoy the convenience of a highly walkable location with easy access to everyday amenities.
Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this multifamily property presents an outstanding opportunity in the Craig, Colorado rental market.
For sale
$500,000
630 W 6th St, Craig, CO 81625
9beds
3,570sqft
Single Family Residence
Built in 1940
0.38 Acres Lot
$480,500 Zestimate®
$140/sqft
$-- HOA
What's special
Fresh interior paintNew flooringSelect new appliancesThree newer water heaters
- 29 days
- 302
- 14
Zillow last checked:
Listing updated:
Listed by:
Andrea Camp (970)824-0223,
Country Living Realty
Source: AGSMLS,MLS#: 194003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air, Electric
Cooling
- None
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,570
- Total interior livable area: 3,570 sqft
Property
Lot
- Size: 0.38 Acres
- Features: Corner Lot
Details
- Parcel number: 065736321008
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Frame, Brick
- Roof: Composition
Condition
- Good
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Subdivision: Sunset Addition
Location
- Region: Craig
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $337,815
- Annual tax amount: $1,938
- Date on market: 7/31/2026
- Listing terms: New Loan,Cash
Estimated market value
$480,500
$456,000 - $505,000
$2,529/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $500,000+68.4%$140/sqft |
Source: | ||
| 7/13/2021 | Sold | $297,000-1%$83/sqft |
Source: Public Record Report a problem | ||
| 1/20/2021 | Listing removed | -- |
Source: AGSMLS Report a problem | ||
| 1/16/2021 | Listed for sale | $299,900$84/sqft |
Source: AGSMLS #163418 Report a problem | ||
| 12/14/2020 | Pending sale | $299,900$84/sqft |
Source: AGSMLS #163418 Report a problem | ||
| 8/25/2020 | Listed for sale | $299,900$84/sqft |
Source: Frontier Home & Ranch Real Estate #163418 Report a problem | ||
| 8/17/2020 | Pending sale | $299,900$84/sqft |
Source: Frontier Home & Ranch Real Estate #163418 Report a problem | ||
| 3/5/2020 | Listed for sale | $299,900+24.8%$84/sqft |
Source: Frontier Home & Ranch Real Estate #163418 Report a problem | ||
| 1/21/2009 | Sold | $240,300$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,939 +25.8% | $21,114 +18.8% |
| 2024 | $1,542 +1.6% | $17,772 |
| 2023 | $1,517 -7% | $17,772 -8.2% |
| 2022 | $1,632 +25.9% | $19,357 +23.7% |
| 2021 | $1,296 +4.6% | $15,650 +3.2% |
| 2020 | $1,239 +0.9% | $15,160 |
| 2019 | $1,228 | $15,160 +5.1% |
| 2018 | $1,228 +4.6% | $14,430 |
| 2017 | $1,174 -3.1% | $14,430 -9.5% |
| 2016 | $1,211 -6.4% | $15,950 |
| 2015 | $1,294 | $15,950 |
| 2013 | $1,294 | $15,950 -5.9% |
| 2012 | -- | $16,955 |
| 2011 | -- | $16,955 -15.1% |
| 2010 | -- | $19,969 0% |
| 2009 | -- | $19,976 |
Find assessor info on the county website
Monthly payment
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