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$762,000
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Property Description
Fully Occupied fourplex with positive cash flow. 337 E 5th Street offers a rare opportunity to acquire a well-maintained four-unit property generating $6,900/month in gross rental income with a self managed 8.45% cap rate or 7.4% cap rate with professional management. This income-producing asset includes a spacious 3 bed / 2.5 bath unit, two comfortable 1 bed / 1 bath units, and a roomy studio for a balanced mix that attracts a broad range of tenants. Rifle's rental market continues to show strong, steady demand, fueled by a stable local workforce, limited rental inventory, and proximity to key industries like energy, healthcare, and outdoor recreation. With a gross annual income of $82,880, this property delivers immediate cash flow in a market where vacancy rates remain low. The building has been well cared for, making it a true plug-and-play investment with potential for rent growth and long-term appreciation. Rifle is widely considered a strong buy-and-hold market, with both property values and rental rates trending upward. This is the kind of opportunity investors look back on and wish they took the opportunity when they had the chance.
Full Property Details
Full Property Details for 337 E 5 Th St
General
- Sold For: $762,000
- Taxes: $3,090 (2024)
- Status: Closed
- Type: Single Family
- Source: 106
- MLS ID: 190859
- Added to Site: 56 day(s) ago
Rental Information
- Complex Features: Yes
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Location
- Area: Rifle
- County: Garfield
- Subdivision: Murphy
- Driving Directions: Whitewater to 5th St, east on 5th St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Exterior Const.: Frame, Masonite
- Roof: Composition
- Square Feet: 6,824
- Living Area: 6,824 Sq. Ft.
- Year Built: 1911
- Property Condition: Good
Lot Features
- Lot Size (Sq. Ft.): 1
- Zoning: Res
Financial Considerations
- Tax Amount: $3,090.2
- Tax Year: 2024
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: Section: 16 Township: 6 Range: 93 Subdivision: MURPHY ADD. Block: 1 Lot: 15 & 16
- Inclusions: Oven, Refrigerator, Dishwasher
- Property ID: 217716106005
Listed by Keller Williams Colorado West Realty (GWS), Travis J Cox
Sold by The Property Shop, Amy Luetke
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Schools
Schools serving 337 E 5 Th St
School District:Garfield School District Re-2
| Name | Grades | Distance |
|---|---|---|
Highland Elementary School, Rifle, CO 1500 East 7th Street, Rifle, CO 81650 | PK-4 | 0.8 mi |
Rifle Middle School 753 Railroad Avenue, Rifle, CO 81650 | 5-8 | 0.3 mi |
Rifle High School 1350 Prefontaine Avenue, Rifle, CO 81650 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 337 E 5 Th St
Date
Details
Price
Change
Source
12/30/2025
Sold
$762,000
1.6%
MLS
11/21/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
337 E 5 Th Street, Rifle, CO 81650 (MLS# 190859) is a Single Family property that was sold at $762,000 on December 30, 2025. Want to learn more about 337 E 5 Th Street? Do you have questions about finding other Single Family real estate for sale in Rifle? You can browse all Rifle real estate or contact a Coldwell Banker agent to request more information.
