# 317 E 4th Street, Salida, CO 81201

> **TL;DR:** commercial, $1,500,000, built 1920. Est. $6,500/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Year Built | 1920 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Commercial (Multi Family) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Property Highlights

- Built in 1920
- 0.11 acre lot
- 2 parking spaces

## Description

### Agent Description
Here is a great rental property investment opportunity in downtown Salida! The Historic, brick, 6 plex on Fourth Street houses (4) studio apartments and (2) 2 bedroom apartments, all with 1 bath. The detached Bungalow on the alley has 3 bedrooms, with a bonus room, 1 bath, and an attached carport. Shared yard with a storage building in between the buildings. All units include range and refrigerator. The units vary in floor plan and degree of recent updates. South facing windows provide good natural lighting. Sellers pay gas, trash, and water, tenants pay electric. Nice, peaceful, residential neighborhood location only a block from Alpine Park and 3 blocks from Historic Downtown Salida. Rents have been reasonably maintained to accommodate many long term tenants. Income, Cap Rate, and status of occupied units may change by time of a purchase contract. These properties don't become available often in Salida. Make it yours today!

## Location

- **Address:** 317 E 4th Street, Salida, CO 81201
- **County:** Chaffee
- **Coordinates:** 38.53202884, -105.9918764
- **Google Maps:** https://www.google.com/maps?q=38.53202884,-105.9918764

## Listing Agent

- **Name:** Martin Epp
- **Brokerage:** First Colorado Land Office, Inc.
- **Phone:** 7195396682
- **Email:** epp@firstcolorado.com

## Primary Photo

![317 E 4th Street - Primary Photo](http://lh.rdcpix.com/909ad181c8c56a712661991e645e0c03l-f2582870492r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/317-e-4th-street-salida-co-81201-6954970)*

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**MLS#:** 6954970 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/317-e-4th-street-salida-co-81201-6954970)

---

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