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Multifamily Complex in Trinidad, CO
For Sale
$750,000
Pending

1108 E 7th St, Trinidad, CO 81082

Value-add, income-producing, 100% leased multifamily complex for sale.

Property Size6,912 SF
Lot Size0.34 Acres
Days on Market178

Property Features for 1108 E 7th St

General Information

Standard status Pending
Size 6,912 SF
Lot size 0.34 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $467

Building Details

Building Size 6,912 SF
Year Built 1974
Stories 2
Units 8
Listing Agency: Madison & Company Properties
Listed By: Luke Raye · License #CO FA.040046793
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Jul 23 at 7:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Madison & Company Properties

Investment Insights

Based on property information with market context.

This multifamily complex is a 100% leased, income-producing property located in Trinidad, Colorado. The property has been well-maintained and fully occupied for over 26 years. Trinidad is experiencing a housing shortage due to an influx of people moving to the area, making this an investment opportunity.

Key Highlights

  • 100% leased multifamily complex, providing immediate income.
  • Located in Trinidad, an "up & coming" town experiencing a housing shortage.
  • Opportunity for value‑add investment.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office HVAC Service Furniture & Home Goods Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 81082, CO

12,026
Population
6,121
Households
2
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
768.2 sq mi
ZIP Area
16
Density / Sq Mi
$54,788
Median Household Income
$37,237
Median Earnings
$915
Median Rent
$219,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Value-add, income-producing, 100% leased multifamily complex for sale.
Where is this multifamily property located?
The property is located at 1108 E 7th St Trinidad, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 100% leased multifamily complex, providing immediate income.; Located in Trinidad, an "up & coming" town experiencing a housing shortage.; Opportunity for value‑add investment.
More about this property
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