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Sold for $460,000
  • $460,000

    940 Iowa Ave, Palisade, CO 81526

    8beds
    4baths
    3,520sqft
    MultiFamily
    Built in 1981
    -- sqft lot
    $624,100 Zestimate®
    $131/sqft
    $1,508 Estimated rent

    Home value

    $624,100

    $562,000 - $693,000

    $1,508/mo

    Zestimate® history
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    $1,508/mo

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    $2,644/mo

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    What's special

    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 #658424, MLS #658425, MLS #658426, MLS #658427.)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Radiant
    Cooling
    • Other
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 3,520 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 294103105014

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Composition
    Condition
    • Year built: 1981

    Community & neighborhood

    Location
    • Region: Palisade

    Price history

    DateEventPrice
    4/29/2026Sold$460,000+109.1%$131/sqft
    Source: Public Record Report a problem
    1/3/2008Sold$220,000+54.4%$63/sqft
    Source: Public Record Report a problem
    4/17/2002Sold$142,500+34.4%$40/sqft
    Source: Public Record Report a problem
    12/22/1998Sold$106,000$30/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 +11.8%$16,330
    2017$1,241 $16,330 -0.8%
    2016$1,241 -1.1%$16,460
    2015$1,254 +2.9%$16,460 +2.4%
    2014$1,218 $16,080
    2013-- $16,080 -2.1%
    2012$1,211 $16,430
    2011-- $16,430 -5.5%
    2010-- $17,390
    2009-- $17,390 +6.4%
    2008$1,284 -7.5%$16,350
    2007$1,388 +37.3%$16,350 +35.9%
    2006$1,011 -7.1%$12,030
    2005$1,087 +13%$12,030 +4.2%
    2004$962 -14.6%$11,540 -13%
    2003$1,127 +27%$13,270 +21.6%
    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
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    $624,100
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    +$12,482
    With Zillow Showcase(estimated)
    $636,582