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Duplex with Two Leased Units
For Sale
$398,000

111 Fourth St, Silver Cliff, CO 81252

MULTI_FAMILY - Silver Cliff, CO

Property Size1,824 SF
Lot Size0.23 Acres
Price / SF$218.20
Days on Market52

Property Features for 111 Fourth St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
Interior features Ceiling Fans, Window Coverings, Flooring: Carpet, Flooring: Tile/Clay
Appliances Dishwasher, Refrigerator, Washer & Dryer, Water Heater, Oven/Range
Lot features Access- All Year, Landscape- Full, View of Mountains, Porch
Elementary school Custer County
Middle school Custer County
High school Custer County
Subdivision Silver Cliff Town
Standard status Active
APN 0010181495
Size 1,824 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 857

Utilities

Utilities Propane
Heating system Propane (Heating)

Amenities

detached storage shed
open front porch
in-unit laundry
sound-proofing divider walls

Building Details

Year built 2002
Floors in Building 1
Number of units 2
Roof type Metal
Architectural style Other
Listing Agency: Westcliffe Home & Ranch, LLC
Listed By: Shelly Nordyke · License #EA.100082588
Added: Jun 17 Changed: Aug 2 Last Checked: Aug 7 at 7:06AM
MLS# 2518046

Copyright © 2026 Westcliffe Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex includes two separate units, each with two bedrooms and one bathroom. Both units are currently leased. Each unit offers fully equipped kitchens, in-unit laundry facilities, cozy bedrooms, and sound-proofing divider walls between sides. Interior features include ceiling fans, window coverings, and flooring with carpet and tile/clay, and the appliances list includes dishwasher, refrigerator, washer & dryer, water heater, and oven/range. The property also has a detached storage shed and an open front porch.

The duplex is set on a 0.23-acre lot in a Residential-zoned location in Silver Cliff, CO. Heating is provided by propane, and the roof is metal. Built in 2002, the property is offered as a well-maintained, income-producing duplex with a practical layout for tenant appeal.

With two independently leased units, the building provides an opportunity to own a turn-key duplex structure in a small mountain town setting while maintaining day-to-day functionality such as in-unit laundry and dedicated storage.

Key Highlights

  • Two separate two‑bedroom, one‑bath units, both currently leased
  • Fully equipped kitchens and in‑unit laundry facilities in each unit
  • Sound‑proofing divider walls between the two sides

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Dental Office Home Appliance Store Florist Electrical Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 81252, CO

4,252
Population
3,886
Households
1.1
Avg Household Size
58
Median Age
38%
College-Educated
96%
High-School Grad
613.0 sq mi
ZIP Area
7
Density / Sq Mi
$70,825
Median Household Income
$47,596
Median Earnings
$933
Median Rent
$362,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Duplex on 0.23 acres with two leased units, each with in-unit laundry and propane heat, built in 2002.
Where is this duplex located?
The property is located at 111 Fourth St Silver Cliff, CO.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Two separate two‑bedroom, one‑bath units, both currently leased; Fully equipped kitchens and in‑unit laundry facilities in each unit; Sound‑proofing divider walls between the two sides
More about this property
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