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Off market
  • $713,700

    885 Iowa Ave, Palisade, CO 81526

    12beds
    8baths
    4,784sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1977
    -- sqft lot
    $713,700 Zestimate®
    $149/sqft
    $1,351 Estimated rent

    Home value

    $713,700

    $649,000 - $785,000

    $1,351/mo

    Zestimate® history
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    $4,106/mo

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    What's special

    This is a GREAT opportunity for you to own a fourplex in Palisade. Fully occupied property with great rental history. Each unit has 3 nice size bedrooms & 1 1/2 baths and access to the yard. Great location within walking distance to River Bend Park, Colorado River Front Trail and beautiful downtown Palisade. Backs up to Taylor elementary for open feeling and great views of Grand Mesa. Metal sheds included at property. 24 hour notice required to show. All units are occupied. Photos provided of unit D were when the property was vacant.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    VICKI CHANDLER - DENNIS 970-270-3640,

    MONUMENT RIDGE PROPERTY MANAGEMENT

    Bought with:

    MARK TOWNER - THE TOWNER GROUP

    KELLER WILLIAMS COLORADO WEST REALTY

    Source: GJARA,MLS#: 20231020

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Baseboard, Hot Water
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Laminate, Simulated Wood, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 4,784
    • Total interior livable area: 4,784 sqft

    Property

    Parking
    • Parking features: Guest
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: None
    • Exterior features: Shed
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 35 x 24 x 35 x 24
    • Features: None, Other, See Remarks
    Details
    • Additional structures: Shed(s)
    • Parcel number: 294103103019
    • Zoning description: MDR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story,Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Composition
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Connected
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Palisade South
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: None
    Location
    • Region: Palisade
    • Elevation: 4716

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $539,000
    • Annual tax amount: $2,663
    • Date on market: 3/17/2023
    • Road surface type: Gravel

    Price history

    DateEventPrice
    7/14/2023Sold$550,000$115/sqft
    Source: GJARA #20231020 Report a problem
    6/7/2023Pending sale$550,000$115/sqft
    Source: GJARA #20231020 Report a problem
    5/31/2023Price change$550,000-9.8%$115/sqft
    Source: GJARA #20231020 Report a problem
    4/18/2023Price change$610,000-0.8%$128/sqft
    Source: GJARA #20231020 Report a problem
    4/11/2023Listed for sale$615,000$129/sqft
    Source: GJARA #20231020 Report a problem
    3/27/2023Pending sale$615,000$129/sqft
    Source: GJARA #20231020 Report a problem
    3/17/2023Listed for sale$615,000+24.2%$129/sqft
    Source: GJARA #20231020 Report a problem
    4/5/2021Sold$495,000+106.3%$103/sqft
    Source: GJARA #20210664 Report a problem
    10/18/2004Sold$240,000+62.2%$50/sqft
    Source: Public Record Report a problem
    12/15/2000Sold$148,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,328 +1.8%$38,000 +19.9%
    2024$2,286 +28.4%$31,690
    2023$1,781 -2.6%$31,690 +51.8%
    2022$1,829 +14.9%$20,880 -4.9%
    2021$1,592 $21,950 +13.3%
    2020$1,592 +14.7%$19,370 -0.7%
    2019$1,387 $19,510 +19.5%
    2018$1,387 +21.8%$16,330
    2017$1,139 $16,330 +8.5%
    2016$1,139 -1.1%$15,050
    2015$1,151 +3.5%$15,050 +3%
    2014$1,112 $14,610
    2013-- $14,610 -3.2%
    2012$1,117 $15,100
    2011-- $15,100 -6.2%
    2010-- $16,090
    2009-- $16,090 +7.1%
    2008$1,184 -7.5%$15,020
    2007$1,279 +37.2%$15,020 +35.6%
    2006$932 -7%$11,080
    2005$1,003 +13.4%$11,080 +4.6%
    2004$884 -14.5%$10,590 -13%
    2003$1,035 +16.6%$12,170 +11.5%
    2002$887 -14.6%$10,910 -6%
    2001$1,039 $11,610
    Find assessor info on the county website

    Neighborhood: 81526

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Taylor
    • Middle: MT Garfield (Mesa County)
    • High: Palisade

    Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $727,974