Search Description Details Neighborhood
Main
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Active Residential

417 W 3rd Street

Trinidad, CO 81082

RECOLORADO #6880001 Updated: Jun 18, 2026, 2:45pm
$499,500
4 Beds • 4 Baths • 5,278 SqFt
Property
ActiveResidential
1/19
$499,500

417 W 3rd Street

Trinidad, CO 81082
4
Beds
4
Baths
5,278
SqFt
0.31
Acres
RECOLORADO
#6880001
Updated: Jun 18, 2026, 2:45pm

Property Description

Fully leased fourplex generating $48,000 in gross annual rental income. All four units are 1-bedroom, 1-bathroom and currently occupied by tenants under lease, providing immediate cash flow. Extensive capital improvements completed within the last two years include all-new permitted electrical systems, permitted plumbing upgrades throughout the building, a new sewer line, four remodeled bathrooms, an updated kitchen in Unit 4, refinished hardwood floors, and 13 replacement windows. Built in 1908, the property blends historic character with significant infrastructure upgrades. Situated on a spacious 0.31-acre lot near downtown Trinidad, shopping, restaurants, schools, and public transportation. Mountain and city views, mature trees, and strong rental demand make this an attractive addition to an investment portfolio. A rare opportunity to acquire an updated, income-producing multifamily property with stable tenants already in place.
Included Appliances
Gas Water Heater

Property Details

Interior
Above Grade Finished Area
3700
Appliances
Gas Water Heater
Basement
Cellar
Basement Ceiling Height
8'
Below Grade Unfinished Area
1578
Building Area Total
5278
Cooling
None
Flooring
TileVinylWood
Green Energy Efficient
Windows
Heating
Radiant
Interior Features
Ceiling Fan(s)Smart Thermostat
Laundry Features
In Unit
Living Area
3700
Security Features
Carbon Monoxide Detector(s)Smart CamerasSmoke Detector(s)
Construction
Also Marketed As
Residential Income
Architectural Style
Denver Square
Building Area Source
Public Records
Construction Materials
Cement SidingMetal Siding
Foundation Details
Block
Levels
Three Or More
Livable Structure Count
Yes
Property Condition
Updated/Remodeled
Roof
Composition
Structure Type
Quadruplex
Year Built
1908
Site & Exterior
Electric
110V220 Volts
Exterior Features
BalconyPrivate Yard
Fencing
Partial
Lot Features
LevelNear Public TransitSubdividable
Lot Size Acres
0.31
Lot Size Area
13395
Lot Size Square Feet
13395
Lot Size Units
Square Feet
Offstreet Spaces
4
Parking Features
Asphalt
Parking Total
4
Patio And Porch Features
CoveredDeckFront Porch
Road Responsibility
Public Maintained Road
Sewer
Public Sewer
Utilities
Electricity ConnectedInternet Access (Wired)Natural Gas Connected
Utility Billing To Tenants
Direct Billing from Utility
Utility Metering
Common GasCommon WaterSeparate Electric
Water Source
Public
Financials
Contract Earnest Check To
First Choice Title & Escrow
Contract Min Earnest
7500.00
Documents Available
Lead Base PaintSurvey
Exclusions
Owners personal property
Lease Expiration
2028-07-31
Owner Pays
GasInsuranceTaxesTrash CollectionWater
Ownership
Agent Owner
Parcel Number
12224000
Special Listing Conditions
None
Tax Annual Amount
1384
Tax Legal Description
O T S BLK-72- EAST REAR 55FT OF LT-6- O T S BLK-72- THE EASTERLY PART OF LT-7- BEING 48'X 50' O T S BLK-72- EAST 36FT OF THE WEST 136FT OF LT-7-
Tax Year
2025
Title Company
First Choice Title & Escrow

Neighborhood & Lifestyle

Community & Association
Distance To Bus Numeric
1
Distance To Bus Units
Miles
School Of Choice
Yes
Senior Community
No
Subdivision Name
Original Township
Schools
Ratings
Elementary
Eckhart
Middle
Trinidad
High
Trinidad
Elem. District
Trinidad 1
Middle District
Trinidad 1
High District
Trinidad 1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 18, 2026, 2:45pm.
H Gregory Cicciu

Listing Agent

HomeSmart Realty

Call Agent
Call