Search
Estes Park Multifamily Investment Opportunity
For Sale
$3,200,000

390 Elm, Estes Park, CO 80517

12-acre property with seven units in Estes Park, Colorado.

Property SizeContact for details
Lot Size12.00 Acres
Days on Market314

Property Features for 390 Elm

General Information

Standard status Active
Lot size 12.00 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,947

Amenities

Metal Roof
Composition Roof
Forced Air Heating
Hot Water Heating
Native Grass
Sloping Lot

Building Details

Year Built 1981
Listing Agency: Estes Park Team Realty
Listed By: GERALD D MAYO
Source: Corcoran
Added: Oct 27, 2025 Changed: Sep 4 Last Checked: Sep 5 at 8:37AM

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 Estes Park Team Realty

Investment Insights

Based on property information with market context.

Located in Estes Park, Colorado, 390 Elm Road presents an investment opportunity. This 12-acre property includes seven individual units, offering income potential and flexibility. The property comprises homes, apartments, duplexes, cabins, garages, storage spaces, and commercial buildings. All leases are currently month-to-month, providing flexibility for future use. The buildings were painted last summer, and several have been remodeled. The property is positioned as an investment location and may be suitable for accommodations or an attraction.

Key Highlights

  • 12‑acre property in the heart of Estes Park
  • Seven individual units offering income potential and flexibility
  • Month‑to‑month leases provide maximum flexibility for new owners

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Daycare Center Florist (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center Computer & Electronic Repair

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

1,057
Businesses Nearby

Demographics for 80517, CO

9,720
Population
7,043
Households
1.4
Avg Household Size
55
Median Age
55%
College-Educated
97%
High-School Grad
297.2 sq mi
ZIP Area
33
Density / Sq Mi
$89,659
Median Household Income
$40,919
Median Earnings
$1,451
Median Rent
$670,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - 12-acre property with seven units in Estes Park, Colorado.
Where is this multifamily property located?
The property is located at 390 Elm Estes Park, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 12‑acre property in the heart of Estes Park; Seven individual units offering income potential and flexibility; Month‑to‑month leases provide maximum flexibility for new owners
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message