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Renovated Duplex with Garage
New
For Sale
$355,000

303 W 7th Street, Florence 81226

Income, Florence

Property Size1,704 SF
Lot Size0.23 Acres
Price / SF$208.33
Days on Market6

Property Features for 303 W 7th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 6
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1353

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 1948
Roof type Composition
Listing Agency: Homesmart Preferred Realty
Listed By: Jenny J. Gatzke · License #FA100068321
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 23 at 5:06PM
MLS# 5432439

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex contains 1,704 square feet arranged as two two-bedroom, one-bathroom units. A comprehensive renovation and addition were completed in 2022, updating the roof, windows, drywall, electrical, lighting, furnaces, on-demand water heaters, appliances, sewer line, stucco, and vinyl plank flooring. Heating is provided by natural gas and forced air.

The property includes a detached two-car garage with its own electric meter, offering a separate leasing option or an amenity for residents. The garage is not included with the active leases. Set on a 0.225-acre lot near the end of a dead-end road, the property provides parking and faces a park across the street. Included appliances comprise two oven/ranges, two refrigerators, two microwaves, one washer/dryer combination unit, and one stacked washer/dryer.

Key Highlights

  • Two‑unit duplex with 1,704 square feet; each unit has 2 bedrooms and 1 bathroom
  • Total renovation and new addition completed in 2022
  • Detached 2‑car garage with its own electric meter

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Grocery & Convenience Store Bakery HVAC 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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residences share a detached garage, separate electric meter, on-site parking, and a park across the street.
Where is this duplex located?
The property is located at 303 W 7th Street Florence.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,704 square feet; each unit has 2 bedrooms and 1 bathroom; Total renovation and new addition completed in 2022; Detached 2‑car garage with its own electric meter
More about this property
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