418 Stanley Ave
Estes Park, CO 80517
Map
- 8 beds
- 7 baths
- – sqft
- ~1/2 acre lot
- 2005 build
- – on site
Exceptional Investment Opportunity - Fully Leased 6-Unit Income Property. This turnkey complex offers strong, steady income and a solid return, an excellent addition to any investor's portfolio. Fully Rented with consistent rental history. Projected Gross Income of $70K annually and estimated expenses of $25K annually. Cap Rate comes in around 5.37%. There is one 3 Bed / 2 Bath unit (~1,250 sq ft). Units 2-4 are efficient 1 Bed / 1 Bath apartments (~250 sq ft each) and unit 6 is a standalone 1 Bed / 1 Bath cabin (~350 sq ft). Tenants pay for electric and water, keeping operating costs low. A coin-operated laundry provides additional income, and there's ample off-street parking for tenant convenience. Located within walking distance to downtown, close to schools and the recreation center; this property stays in high demand. Whether you're expanding your real estate portfolio or entering the multi-family market, this property checks all the boxes for reliable cash flow and long-term potential. Schedule your private showing today!
Last checked:
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Last updated May 29, 2025
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MLS# 1034036 —
The Building
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Year Built:2005
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Ranch
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Total SqFt:3,037 Sqft
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# of Units Total:6
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Roof:Composition
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Entry Location:Outside Entry
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Levels:One
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Basement:None
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Stories:1
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Direction Faces:North
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Window Features:Skylight(s)
Interior
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Interior Features:Satellite Avail
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Flooring:Wood Floors
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
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Tenant Pays:Deposit
Location
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Directions:From the intersection of Hwy 34 and hwy 36 go south on Hwy 36 .3 of a mile to Stanley Ave. take a right and go .3 of a mile and property will be on the right
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Coordinates:-105.50849, 40.37124
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Latitude:40.37124
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Longitude:-105.50849
The Property
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Property Type:Residential Income
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Property Subtype:Attached Dwelling
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Parcel Number:R0520101
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Lot Features:Curbs
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Lot Size Acres:0.44
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Lot Size SqFt:19,166 Sqft
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Lot Size Area:19166
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Lot Size Units:Square Feet
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Zoning:RM
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View:Mountain(s)
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Possible Use:Multi-Family
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Exclusions:Tenant's personal property
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Horse:false
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Fencing:Partial
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Waterfront:false
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Property Attached:true
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Road Frontage Type:City Street
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Road Surface Type:Paved
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,429
Beds
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Bedrooms Total:8
Baths
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Total Baths:7
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Baseboard
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Heating:true
Utilities
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Utilities:Electricity Available
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Electric:Electric, Separate Meter Electricity, Town of Estes
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Sewer:City Sewer
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Water Source:City Water, Town of Estes Park
Appliances
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Appliances:Electric Range/Oven
Schools
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Elementary School:Estes Park
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Middle School:Estes Park
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High School:Estes Park
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High School District:Estes Park District
The Community
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Association:false
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Subdivision Name:White Meadow View Place Add
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Spa:false
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Senior Community:false
Parking
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Other Parking:Parking Per Unit(2 Spaces/Unit)
Extra Units
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Bedrooms Unit 1:3
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Total Baths Unit 1:2
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Bedrooms Unit 2:1
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Total Baths Unit 2:1
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Bedrooms Unit 3:1
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Total Baths Unit 3:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/14/25
May 14, 2025
|
Listed / Active | IRES | $850,000 |
