Residential · Active
Craig, CO 81625
9 Beds · 5 Baths · 3,570 Sq Ft
$449,000
Multi Family
Property Type
0.38 acres
Lot Size
1940
Year Built
$126
Price per Sq Ft
194003
MLS #
About This Property
Excellent investment opportunity in the heart of Craig, Colorado. This well-maintained five-unit multifamily property offers a proven rental history, 100% occupied, producing $4400 gross rental income per month. This five unit building consists of four 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, providing a desirable unit mix that appeals to a broad tenant base.
The current owners have made numerous recent improvements, including updating two of the units with fresh interior paint, new flooring, and select new appliances. In addition, the property is serviced by three newer water heaters, providing added reliability and reducing future maintenance concerns. With several major capital improvements already completed, this is an excellent opportunity for investors seeking a property with reduced upfront maintenance costs.
All five units are currently leased, with leases extending through the summer of 2027, offering stable, long-term rental income from day one. The property also features convenient off-street parking located behind the building.
Ideally situated within walking distance of the public library, grocery stores, restaurants, schools, and churches, tenants enjoy the convenience of a highly walkable location with easy access to everyday amenities.
Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this multifamily property presents an outstanding opportunity in the Craig, Colorado rental market.
105 days on market
Listed by Andrea Camp · Country Living Realty · (970) 824-0223
Property Details
| Property Type | Residential |
| Sub Type | Multi Family |
| Status | Active |
| Price per Sq Ft | $126 |
| Subdivision | Sunset Addition |
| MLS # | 194003 |
| Days on Market | 105 |
| Bedrooms | 9 |
| Full Baths | 5 |
| Year Built | 1940 |
| Lot Size (Sq Ft) | 16,625 |
| Acres | 0.38 |
| Annual Taxes | $1,939 |
| Tax Year | 2025 |
| State | CO |
| County | Moffat |
| Zoning | Residential |
| Heating | Natural Gas, Forced Air, Electric |
| Cooling | None |
| Garage | No |
| Roof | Composition |
| Basement | Crawl Space |
| Lot Features | Corner Lot |
| Architectural Style | Ranch |
| Construction | Brick Veneer, Frame, Brick |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, New Loan |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/23/2026 |
Listing removed Source: Altitude MLS #S1070817 |
— |
| 10/22/2026 |
Price change Source: Altitude MLS #S1070817 |
$449,000 $126/sqft |
| 10/20/2026 |
Price change Source: Aspen Glenwood MLS #194003 |
$449,000 -10.2% $126/sqft |
| 7/31/2026 |
Listed for sale Source: Aspen Glenwood MLS #194003 |
$500,000 $140/sqft |
| 7/30/2026 |
Listed for sale Source: Altitude MLS #S1070817 |
$500,000 $140/sqft |
Copyright 2026 Aspen Glenwood MLS. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable but is not guaranteed accurate by the MLS.
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