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Salida 81201
138 W 4th St
$455,000
● House - Off Market

138 W 4th St

Salida, CO 81201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
894 Ft²
$489,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Cozy home for sale in Salida, Colorado! Excellent location in the downtown area, this home is the perfect blend of convenience and charm. Bring your creative expression to maximize this home's potential! This home is zoned commercial and is 894 square feet, 2-bedroom,1 bath and has high ceilings. The bathroom boasts a clawfoot bathtub.  Efficient floor plan maximizes 894 square feet. Home is bright and sunny! Don't miss out on this incredible opportunity to own a cozy home with tremendous potential, perfectly situated in the heart of downtown Salida. Take advantage of the excellent location, commercial zoning, and endless possibilities. Call today to schedule a showing and see for yourself the potential this home has!
Unit Size
894 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$547
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (REcolorado MLS #4302110)

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold
Premium
Sold
Aug 29, 2023 Listed by Bliss Realty Group of Central Colorado $489,000
Listed by Bliss Realty Group of Central Colorado
Jul 31, 1996 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 894
  • Building Area: 894
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 894
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HASKELLS ADDITION
  • Land Acres: 0000000040
  • Standard Land Use Code: 1001
  • Legal Description 1: 37FT LOTS 14 & 15 BLK 49 HASKELLS ADD SALIDA REC 286346 404452

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000100

Geography

  • District: CH
  • Parcel: R380705149517
  • Block: 49
  • Lot: 14 & 15
  • Meridian: SEC 5 TWN 49N RNG 9E
  • Latitude: 38.5343
  • Longitude: -105.995

    Address

  • Full Address: 138 W 4th St
  • Address - House Number: 138
  • Street Direction: W
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Salida
  • Carrier Code: C001
  • 4-Digit Zip Code: 2013
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 894
  • Tax Year: 2022
  • Tax Amount: $104,112
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.0668
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 477,019
  • High Value: 508,902
  • Low Value: 445,137

    Market Valuation

  • Market Total Value: $314,210
  • Market Land Value: $114,588
  • Market Improvement Value: $199,622

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,830
  • Assessed Land Value: $7,960
  • Assessed Improvements Value: $13,870

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 490426
  • Previous Sale Recording Date: Jul 31, 1996
  • Previous Sale Contract Date: Jul 31, 1996
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Salida

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$463

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1487 ft²

Average Home Age

49.5 years

Currently For Sale

81 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: Kim Wilcoxson, Bliss Realty Group of Central Colorado
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 4302110
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 138 West 4th Street built and last sold?
The property at 138 West 4th Street was built in 1900 and last sold on Nov 9, 2023 for $455,000.
How much is this home worth?
The estimated value of the home located at 138 West 4th Street is $0.
What are some comparable homes to 138 West 4th Street?
There are currently no comparable homes to 138 West 4th Street.
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