$1,150,000

Estimated payment $6,791/month

Total Views 2,412
-- Bed
-- Bath
2,882 Sq Ft
$399 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Level Lot
  • Morey Middle School Rated A-
  • Property is Fully Fenced

About This Home

Quadplex in Alamo Placita near Washington Park and County Club. Great investment opportunity and plenty of room to raise rents. Newer Roof, Gutters and Newer Exterior Paint. This is a perfect fit for an owner occupied investment opportunity or just to expand the portfolio with a great income earner in a fantastic neighborhood. Extremely well maintained. Unit # 1 (front studio) 8/31/25 @ $1215 / month. Unit # 2 (back 1 bedroom) 7/31/25 @ $1450 / month. Unit # 3 (lower level 2 bedroom) 9/30/25 @ $1685 / month. Unit # 4 (top floor 2 bedroom) 6/30/25 @ $1985 / month. 5.5 CAP RATE ACTUAL. Listing Agent has ownership interest in the property.

Listing Agent

David Schmidt

Denco Property Mgmt & Sales Brokerage Email: david@dencopm.com,303-722-9688 License #100024885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,467

Year Built

  • Built in 1911 | Remodeled

Lot Details

  • 4,690 Sq Ft Lot
  • Two or More Common Walls
  • Property is Fully Fenced
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenants personal belongings.
  • Property held in a trust
  • Assessor Parcel Number 5112-03-003

Community Details

Overview

  • No Home Owners Association
  • Country Club Subdivision

Building Details

  • Operating Expense $12,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,467

Year Built

Built in 1911 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1911
  • Above Grade Finished Sq Ft: 2017
  • Exclusions: Tenants personal belongings.
  • Living Area: 2882
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Country Club
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Attribution Contact: david@dencopm.com,303-722-9688
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Common Walls: 2+ Common Walls
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Below Grade Sq Ft: 865

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 12874

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5112-03-003
  • Lot Size Acres: 0.11
  • Fencing: Full
  • Building Area Total: 2882
  • Lot Features: Level
  • Lot Size Sq Ft: 4690
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Electricity, Gas, Insurance, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4467

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,467 $56,400 $12,840 $43,560
2023 $4,370 $56,400 $12,840 $43,560
2022 $4,142 $52,080 $16,770 $35,310
2021 $4,085 $54,750 $17,630 $37,120
2020 $4,137 $55,760 $16,030 $39,730
2019 $4,021 $55,760 $16,030 $39,730
2018 $3,184 $41,150 $14,520 $26,630
2017 $3,174 $41,150 $14,520 $26,630
2016 $2,914 $35,740 $15,164 $20,576
2015 $2,792 $35,740 $15,164 $20,576
2014 $2,539 $30,570 $10,268 $20,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $1,150,000 -- $399 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Available
Bargain Sale Deed -- None Available
Bargain Sale Deed -- None Available
Bargain Sale Deed -- None Available
Warranty Deed $362,000 Fahtco
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,000 New Conventional
Previous Owner $397,500 New Conventional
Previous Owner $350,700 New Conventional
Previous Owner $346,000 Unknown
Previous Owner $253,400 Fannie Mae Freddie Mac
Previous Owner $90,500 Stand Alone Second
Previous Owner $288,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $196,000 Purchase Money Mortgage
Source: Public Records

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Source: REcolorado®

MLS Number: 3080478

REcolorado®

APN: 5112-03-003