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Sold on 10/02/2025

406 W 4th Ave, Iliff, CO 80736

$261,000

Last sold 10/02/2025 for $241K

  • —

    bed

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    bath

Multi-family not for sale
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About 406 W 4th Ave

Property type Multi-family
Year built 1933
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
Discover this exceptional 4-plex, perfect for investors or owner-occupiers seeking rental income. This well-maintained property features four thoughtfully designed units: three charming one-bedroom, one-bathroom units, and a spacious three-bedroom, two-bathroom unit-ideal for those needing extra space. A standout feature is the attached two-car garage, providing convenient year-round parking. Recent upgrades, including a brand-new roof and furnace, enhance energy efficiency and reduce maintenance concerns. Unit C has been thoughtfully updated with a modern bathroom, adding extra appeal. Each unit also boasts a private fenced outdoor space, perfect for relaxation. Whether you're expanding your portfolio or looking for a home with income potential, this 4-plex offers incredible value. Don't miss out-schedule a viewing today!
Listed by
Listing Agent - Erin Debus
Listing Agent Contact: 9705222009
Listing Office - Town Square Realty
Source: IRESMLS mls logo
MLS#1020113 • last updated 1 year ago
Movoto checked IRESMLS for data 10 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 1020113
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.23
Annual Tax 1194.74
Interior
Basement None
Accessibility Features Level Lot
Exterior
Roof Composition, Metal
Construction Frame
Patio & Porch Deck
Fencing Fenced, Wood
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity Highline
Water Source City
Appliances Electric Range, Gas Range, Refrigerator, Washer, Dryer
Location
View City
County Logan
Subdivision ORIGINAL ILIFF
Middle School Caliche
High School District Valley RE 1
APN 38048516213005
Multifamily Details
Tenant Pays Deposit, Gas, Electricity
Total # of Units 4
Cap Rate 15.8
Operating Expense 1194.74
Gross Income 42300
Lot/ Land Details
Possible Use Multi-Family
Road Frontage Highway
Road Surface Asphalt
$261K
Range: $232K-$289K
Last 30 days 
  • Oct 2025
    mls logo MLS # 1020113
  • Oct 2, 2025 Sold
    $241,800
  • Sep 9, 2025 Pending
    —
  • Jul 17, 2025 Price Change
    $260,000 (-1.9%)
  • Jul 9, 2025 Price Change
    $265,000 (-1.9%)
  • Jun 12, 2025 Price Change
    $270,000 (-3.6%)
  • May 1, 2025 Price Change
    $280,000 (-3.4%)
  • Apr 1, 2025 Price Change
    $290,000 (-3.3%)
  • Oct 6, 2024 Listed
    $299,900
  • Oct 5, 2024 Listed
    $260,000 (-13.3%)
  • Oct 2025
    Public Records
  • Oct 2, 2025 Sold
    $241,800 (-7.0%)
  • Oct 2024
    mls logo MLS # IR1020113
  • Oct 5, 2024 Listed
    $299,900 (+15.3%)
  • Aug 2024
    mls logo MLS # 1006757
  • Aug 2, 2024 Price Change
    $299,900 (-3.3%)
  • Jul 13, 2024 Price Change
    $310,000 (-1.6%)
  • Jun 3, 2024 Price Change
    $315,000 (-0.9%)
  • May 16, 2024 Price Change
    $318,000 (-0.6%)
  • Apr 10, 2024 Listed
    $320,000 (+28.0%)
  • Apr 2024
    mls logo MLS # IR1006757
  • Apr 10, 2024 Listed
    $320,000
  • Jun 2021
    Public Records
  • Jun 30, 2021 Sold
    $250,000
  • Jun 2021
    mls logo MLS # 932614
  • Jun 29, 2021 Sold
    $250,000
  • Jun 5, 2021 Pending
    —
  • Mar 1, 2021 Price Change
    $299,000 (-3.5%)
  • Feb 3, 2021 Listed
    $310,000
  • Jun 2021
    mls logo MLS # IR932614
  • Jun 29, 2021 Sold
    $250,000 (-10.7%)
  • Jun 5, 2021 Pending
    —
  • May 12, 2021 Price Change
    $280,000 (-2.8%)
  • Apr 5, 2021 Price Change
    $288,000 (-3.7%)
  • Feb 3, 2021 Listed
    $310,000
  • Year Property taxes Tax assessment
  • 2025
    $1,718 +26.4%
    $20,799 -2.03%
  • 2024
    $1,360 +13.8%
    $21,230 +28.36%
  • 2023
    $1,195 -15.9%
    $16,540 +15.1%
  • 2022
    $1,421 -18.6%
    $14,370
  • 2021
    $1,747 -8.9%
    $14,370 -51.65%
  • 2020
    $1,917 +0.7%
    $29,720
  • 2019
    $1,903 +22.5%
    $29,720 +150.8%
  • 2018
    $1,554 +73.0%
    $11,850 -79.43%
  • 2013
    $898
    $57,600
  • 406 W 4th Ave
    $241K
  • —
  • 80736
    $125K -55% y/y
  • Iliff
    $125K -55% y/y
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N/A
Caliche Elementary School
public Grades PK, K-6
Valley Re-1 School District
4/10
Caliche Junior-Senior High School
public Grades 7-12
Valley Re-1 School District
Source: GreatSchools.org © 2026. All rights reserved.

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