Excellent investment opportunity! This well-maintained 6-unit apartment building offers immediate income potential with a desirable unit mix consisting of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property currently benefits from strong rental demand and provides tenants with ample parking, including a spacious 780 sq. ft. covered carport that can accommodate approximately 5-6 vehicles, along with additional off-street parking.Additional features include a sprinkler system for easy landscape maintenance and all appliances included in the sale, making this a truly turnkey investment. Whether you're looking to expand your portfolio or acquire your first multifamily property, this income-producing asset offers stable rental opportunities and long-term investment potential.Don't miss your chance to own a multifamily property with strong occupancy appeal, convenient amenities, and excellent income-producing capabilities.
Multi-familyProperty Type
1971Year Built
0.28 acresLot Size
$191Price/Sq.Ft.
6 spacesParking
Listed by Stacey Martindale• CENTURY 21 Cornerstone
No. 1 tenant for five 1/2 years $575 per month, they are considered the managers and are compensated $75 per month from their rent. No. 2 $550 per month and is month-to-month tenant has occupied six months. No. 3 $550 per month to years when your lease No. 4. $575 per month. One year lease occupied for two years. No. 5. $500 per month, year lease, occupied three months. No. 6. The year lease $600 per month occupied to years. All our long-term tenants and a pleasure to have as renters.
IRES as Distributed by MLS Grid #218890
Aug 1, 2000
Sold
$268,000
$60/sq ft
Dec 16, 1999
Listed
$272,300
$61/sq ft
Public Records
Nov 19, 1990
Sold
$577,500
$130/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,019 (+26.0%)
$6,890 + $40,390
$47,280
2024
$3,982 (+4.4%)
$6,890 + $40,390
$47,280
2023
$3,813 (−8.4%)
$5,740 + $40,960
$46,700
2022
$4,161 (−5.2%)
$5,620 + $38,200
$43,820
2021
$4,387 (+42.5%)
$5,620 + $38,200
$43,820
2020
$3,080 (−5.4%)
$5,910 + $40,170
$46,080
2019
$3,254 (+35.3%)
$5,910 + $26,530
$32,440
2018
$2,404 (−0.5%)
$5,910 + $26,530
$32,440
2017
$2,416 (+3.2%)
$5,290 + $21,250
$26,540
2016
$2,342 (+47.2%)
$5,290 + $21,250
$26,540
2014
$1,591 (−1.5%)
$4,530 + $24,130
$28,660
2013
$1,616 (+10.1%)
$2,920 + $16,180
$19,100
2012
$1,467 (+0.2%)
$2,920 + $14,440
$17,360
2011
$1,464 (+12.5%)
$2,920 + $14,440
$17,360
2010
$1,301 (+0.7%)
$2,920 + $13,740
$16,660
2009
$1,292
$2,920 + $13,740
$16,660
Public record
Public record
Zoning
Beds
11
Baths
6
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
—
Finished Sq. Ft.
4,448
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,448
Year built
1971
Style
Other
County
Weld County
APN
R3877086
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-3
High-Density Residential District
The intent of the R-3 zone district is to include a variety of multifamily and single-family dwellings in an urban environment. Allowable uses in this district are intended to be harmonious with high-density residential living and should support local neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Public service
Educational/school
Recreation
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Evans, CO • 80620
Average low and high temperatures (°F)
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84
51
71
41
55
28
52
24
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Apr
May
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Jul
Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2927 State Farm Rd
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