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.)
Sold for $460,000
$460,000
940 Iowa Ave, Palisade, CO 81526
8beds
4baths
3,520sqft
MultiFamily
Built in 1981
-- sqft lot
$626,700 Zestimate®
$131/sqft
$1,551 Estimated rent
Home value
$626,700
$558,000 - $702,000
$1,551/mo
Zestimate® history
Owner options
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$1,551/mo
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$1,551/mo
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$2,857/mo
Est. payment
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$2,857/mo
Est. payment
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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 & HOA
Location
- Region: Palisade
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $539,000
- Annual tax amount: $2,869
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $460,000+109.1%$131/sqft |
Source: Public Record Report a problem | ||
| 1/3/2008 | Sold | $220,000+54.4%$63/sqft |
Source: Public Record Report a problem | ||
| 4/17/2002 | Sold | $142,500+34.4%$40/sqft |
Source: Public Record Report a problem | ||
| 12/22/1998 | Sold | $106,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,869 +23.2% | $36,650 -3.6% |
| 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 homes
- $--2 bd1 ba-- sqft940 Iowa Ave UNIT 3, Palisade, CO 81526Off Market
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- $528,9004 bd4 ba2.2k sqft915 William Ct, Palisade, CO 81526Off Market
- $232,8002 bd2 ba1k sqft911 William Ct APT A, Palisade, CO 81526Off Market
- $229,0002 bd2 ba1k sqft911 William Ct APT B, Palisade, CO 81526Off Market
- $214,3002 bd1 ba1k sqft911 William Ct APT C, Palisade, CO 81526Off Market
Nearby schools
GreatSchools rating
- 9/10Taylor Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Mount Garfield Middle SchoolGrades: 6-8Distance: 2.8 mi
- 4/10Palisade High SchoolGrades: 9-12Distance: 0.7 mi
Sell for more on Zillow
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$626,700
2% more
+$12,534
With Zillow Showcase(estimated)
$639,234
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$626,700
2% more
+$12,534
With Zillow Showcase(estimated)
$639,234
- Colorado
- Mesa County
- Palisade
- 81526
- 940 Iowa Ave
