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Sold on 10/02/2018
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5 W 7 9 W Empire St, Cortez, CO 81321

$247,500

Last sold 10/02/2018 after 49 Days

  • —

    bed

  • —

    bath

  • 2,352

    Sqft ($105/Sqft)

Multi-family not for sale
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About 5 W 7 9 W Empire St

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 7,405 Sqft
Property description
Remodeled Triplex... each unit with 2 bedroom and 1 bath. Beautifully remodeled with Laminate wood floors throughout, new cabinets, lighting, paint. Bathrooms completely redone with new tubs, fixtures, toilets, vanities... New roof being installed prior to closing. Spacious units in a great part of town ready to be rented out. Estimated rent on each unit is $850 to $900 each. The numbers don't lie that this is a great deal with a great cap rate. Plenty of parking.
Listed by
Listing Agent - Timi Jo Sachs
Listing Agent Contact: 970-259-2255
Listing Office - RE/MAX Pinnacle
Source: Colorado Real Estate Network (CREN) mls logo
MLS#749222 • last updated 3 years ago
Movoto checked Colorado Real Estate Network (CREN) for data 1 hour ago
Overview
Heating Electric
Levels/Style One, 1
MLS # 749222
Status Closed
SubType Triplex
SqFt 2352
Lot Size (Acres) 0.17
Property Tax 818.16
Buying Office United Country Blue Sky Homes And Land
Year Built 1955
Interior
Laundry Washer Hookup
Flooring Laminate
Appliances Oven, Range, Refrigerator
Interior Features Ceiling Fan(s), Eat-in Kitchen, Main Level Master
Exterior
Foundation Slab
Roof Composition
Construction Stucco
Parking Common, Off Street
Amenities / Utilities
Water Source Public
Location
Subdivision None
Area Cortez
Elementary School Kemper K-5
Middle School Cortez 6-8
High School Montezuma-Cortez 9-12
APN 561126204001
Zoning Residential
Multifamily Details
Total # of Units 3
Lot/ Land Details
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • Dec 2025
    Public Records
  • Dec 22, 2025 Sold
    $292,300 (+73.0%)
  • Jan 2005
    Public Records
  • Jan 18, 2005 Sold
    $169,000
  • Year Property taxes Tax assessment
  • 2024
    $1,004 +9.9%
    $19,536 -18.31%
  • 2023
    $914 +21.8%
    $23,915 +50.88%
  • 2022
    $750 -3.8%
    $15,850
  • 2021
    $780 +15.5%
    $15,850 +11.13%
  • 2020
    $675 -0.2%
    $14,262
  • 2019
    $677 -17.7%
    $14,262 +10.56%
  • 2018
    $822
    $12,900
  • 5 W 7 9 W Empire St
    $247K
  • Cortez
    —
  • 81321
    $370K -5% y/y
  • Cortez
    $372K -4% y/y
No chart available
Statistics calculated by Movoto

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3/10
Montezuma-Cortez High School
public Grades 9-12
Montezuma-Cortez Re-1 School District
Source: GreatSchools.org © 2026. All rights reserved.

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