See MLS #658428 for master listing info. Buy this with five other multi-plexes! 9% cap. 100% OCCUPANCY! All REDONE in the last 5-6 years: roofs, counters, flooring (95%+ tile/vinyl/laminate), interior and exterior paint, newer appliances, etc. All in WONDERFUL condition. Owner prefers OWNER CARRY deal. Incredible cash flow! All have storage units as well. (Must be sold with MLS #658422, MLS #658423, MLS #658424, MLS #658426, MLS #658427.) This building is all electric.
Sold for $345,000
$345,000
862 Iowa Ave, Palisade, CO 81526
6beds
3baths
3,000sqft
MultiFamily
Built in 1978
-- sqft lot
$530,400 Zestimate®
$115/sqft
$1,643 Estimated rent
Home value
$530,400
$472,000 - $589,000
$1,643/mo
Zestimate® history
Owner options
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$1,643/mo
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$1,643/mo
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$1,962/mo
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$1,962/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Other, Other
Cooling
- Other
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 3,000 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 1 Acres
Details
- Parcel number: 294103103013
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1978
Community & HOA
Location
- Region: Palisade
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $417,890
- Annual tax amount: $1,518
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $345,000+130%$115/sqft |
Source: Public Record Report a problem | ||
| 8/22/2005 | Sold | $150,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,518 +2.5% | $29,460 +37% |
| 2024 | $1,480 -4.8% | $21,500 |
| 2023 | $1,554 -2.6% | $21,500 +18.7% |
| 2022 | $1,596 +20.9% | $18,110 -4.9% |
| 2021 | $1,320 | $19,040 +19.7% |
| 2020 | $1,320 +28.2% | $15,900 -0.7% |
| 2019 | $1,030 | $16,020 +34.8% |
| 2018 | $1,030 -11% | $11,880 |
| 2017 | $1,157 | $11,880 -22.4% |
| 2016 | $1,157 -1.1% | $15,300 |
| 2015 | $1,169 +6.9% | $15,300 +6.5% |
| 2014 | $1,094 | $14,370 |
| 2013 | -- | $14,370 -1.3% |
| 2012 | $1,079 | $14,560 |
| 2011 | -- | $14,560 -28.9% |
| 2010 | -- | $20,490 |
| 2009 | -- | $20,490 +62.4% |
| 2008 | $1,002 -7.4% | $12,620 |
| 2007 | $1,083 +11.6% | $12,620 +9.4% |
| 2006 | $970 -7% | $11,540 |
| 2005 | $1,044 +32.9% | $11,540 +23% |
| 2004 | $785 -14.5% | $9,380 -13% |
| 2003 | $919 +4.2% | $10,780 -0.6% |
| 2002 | $882 -14.5% | $10,840 -6% |
| 2001 | $1,032 | $11,530 |
Find assessor info on the county website
Neighborhood: 81526
Nearby homes
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- $452,5002 bd1 ba822 sqft856 Iowa Ave APT 2, Palisade, CO 81526Off Market
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- $--2 bd1 ba825 sqft856 Iowa Ave APT 4, Palisade, CO 81526Off Market
Nearby schools
GreatSchools rating
- 8/10Taylor Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Mount Garfield Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Palisade High SchoolGrades: 9-12Distance: 0.7 mi
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$530,400
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$541,008
- Colorado
- Mesa County
- Palisade
- 81526
- 862 Iowa Ave
Nearby cities
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Other Palisade Topics
