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Renovated Two-Unit Duplex
For Sale
$355,000

303 W 7th Street, Florence, CO 81226

Income, Florence, CO

Property Size1,704 SF
Lot Size0.23 Acres
Price / SF$208.33
Days on Market35

Property Features for 303 W 7th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3
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: Sep 18 Last Checked: Sep 21 at 10:06AM
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 1,704-square-foot duplex in Florence includes two 2-bedroom, 1-bathroom units. A renovation and addition were completed in 2022, with updated roofs, windows, drywall, electrical, lighting, furnaces, on-demand water heaters, appliances, sewer line, stucco, and vinyl plank flooring. Each unit has an oven/range, refrigerator, and microwave, while laundry equipment includes one washer/dryer combination and one stacked washer/dryer.

The property sits on a 0.225-acre lot at 303 W 7th Street, near the end of a dead-end road. A detached 2-car garage has its own electric meter and is not currently included with active leases. A park is located across the street, and the lot provides parking space for the property.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units within a 1,704‑square‑foot duplex
  • Renovation and new addition completed in 2022
  • 0.225‑acre lot near the end of a dead‑end road

Property Analytics

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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

Demographics for 81226, CO

8,585
Population
2,620
Households
3.3
Avg Household Size
43
Median Age
14%
College-Educated
87%
High-School Grad
129.8 sq mi
ZIP Area
66
Density / Sq Mi
$59,450
Median Household Income
$34,513
Median Earnings
$726
Median Rent
$240,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Updated duplex with two residential units, separate utility systems, and a detached garage on a quiet dead-end street.
Where is this duplex located?
The property is located at 303 W 7th Street Florence, CO.
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 2‑bedroom, 1‑bathroom units within a 1,704‑square‑foot duplex; Renovation and new addition completed in 2022; 0.225‑acre lot near the end of a dead‑end road
More about this property
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