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Four-Unit Multifamily Income Property
For Sale
$650,000

702 E Main Street, Silver Cliff, CO 81252

Four separate 2-bedroom residences with in-unit laundry amenities and separately metered electric for straightforward day-to-day management.

Property Size3,290 SF
Price / SF$197.57
Days on Market96

Property Features for 702 E Main Street

General Information

Standard status Active
Size 3,290 SF
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,242

Building Details

Year Built 2003
Tenancy Multi
Listing Agency: Summit & Main Realty Group
Listed By: Kimberly Powers · License #100048191
Source: Exitrealty
Added: May 8 Changed: Aug 8 Last Checked: Aug 11 at 5:41AM

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 Summit & Main Realty Group

Investment Insights

Based on property information with market context.

This four-unit multifamily property offers four two-bedroom, one-bath units, each equipped with an electric stove, microwave, and refrigerator. All units include washer/dryer, carpeted areas with tile in the baths, and low-maintenance finishes. Interior details include adobe-textured walls, real wood cabinetry, and knotty pine accents, creating a consistent character throughout the building.

Located at 702 E Main Street in Silver Cliff, Colorado, the property is described as being just off Hwy 96, providing convenient access to town amenities. The setting is characterized as quiet and mountain-oriented. The units are separately metered for electric, and the property is presented as having no HOA. A 72-hour showing notice is required, with no exceptions.

This configuration can suit a range of buyers, including investors seeking a multi-tenant structure or an owner-occupant who wants to live in one unit while renting the others. With each unit having its own kitchen appliances and in-unit laundry, the space is designed for practical resident use and reduced shared-dependency in daily routines.

Key Highlights

  • 4‑unit multifamily built in 2003 with four separate 2‑bedroom, 1‑bath residences
  • Each unit has in‑unit washer/dryer plus a separate electric stove, microwave, and refrigerator
  • Separately metered electric for straightforward tenant utility management

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Building Supply Auto Parts Store Storage Facility Garden Center Furniture & Home Goods

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

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

269
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separate 2-bedroom residences with in-unit laundry amenities and separately metered electric for straightforward day-to-day management.
Where is this quadplex located?
The property is located at 702 E Main Street Silver Cliff, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4‑unit multifamily built in 2003 with four separate 2‑bedroom, 1‑bath residences; Each unit has in‑unit washer/dryer plus a separate electric stove, microwave, and refrigerator; Separately metered electric for straightforward tenant utility management
More about this property
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