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    305 W 2Nd St Florence, CO 81226

    For Sale
    $425,000

    MULTI_FAMILY - Florence, CO

    Lot size:
    0.16 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 305 W 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bathroom 2
    Bedrooms
    5
    Bathrooms
    4
    APN
    61001320
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    4

    BHHS ROCKY MOUNTAIN FLORENCE (719) 372-1788

    Listing agent Wayne Jennings (719) 491-1117

    Listing date Aug 23, 2025

    MLS# 2582015 Listing URL

    Copyright © 2025 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Four-Plex Victorian Home

    This updated four-plex is located in a beautifully maintained Victorian home. Each unit has a separate entry and blends timeless architectural details with newer flooring and custom tile work. Modern updates attract quality tenants and minimize upkeep. The property has a strong rental history, separately metered gas and electricity, plus significant curb appeal. Each unit is equipped with a range-oven, microwave and refrigerator, and three of the units also include a dishwasher. The property is located in a desirable area close to the nationally recognized Emergent Campus and all the town of Florence has to offer, including shops, restaurants and the Arkansas River. The lot size is 0.161 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Fremont
    State
    Colorado
    Longitude
    -105.121231
    Latitude
    38.391329

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    FAQs

    What type of property is this?
    Quadplex - Updated four-plex in Florence, Colorado with strong rental history.
    Where is this quadplex located?
    The property is located at 305 W 2Nd St Florence, CO.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Strong rental history and immediate income potential.; - Fully updated units with separate entries, newer flooring, and custom tile work.; - Located in a desirable area close to shops, restaurants, the Arkansas River, and the Emergent Campus.
    (719) 491-1117
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    Florence, CO 81226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 W 2Nd St Florence, CO 81226
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