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440 Colorado Avenue, Stratton, CO, 80836

4beds
3baths
3,485sqft
$150,000
$43price/sqft
$1,340/moest. monthly cost
$53,600/yrincome needed

About This Home

This tri-plex is a great investment property, with room to expand! It is located in a small town along the I-70 corridor in Eastern Colorado, just a couple hours drive from Denver. The units are currently filled and there has been good maintenance performed in the recent years. Call today, to set up a showing for this beneficial opportunity!

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

3/10
4/10
Stratton Middle SchoolGrades 6-80.3 mi
7/10

Construction

Condition

  • Year built: 1927

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,773

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 3,485
  • Total interior livable area: 3,485 sqft

Property

Details

  • Parcel number: 77014005
  • Special condition: Standard
  • Exclusions: Tenants' And Owners Personal Property

Features

  • Levels: Two
  • Stories: 2

Parking

  • Total spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Hail
    HailVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather
Inland Flooding
Lightning
Drought

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$260$3,120
Property Taxes $59$708
Electricity $263$3,157
Total$1,340$16,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,942/yr
40% on housing$40,200/yr
45% on housing$35,733/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$43This listing

vs Other Active Listings

Avg $/sqft

ZIP 80836$429
Kit Carson County$266

vs Homes Sold Last Month

Median $/sqft

ZIP 80836
Kit Carson County$95

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$150,000
2026-03-10Price change$160,000
2026-02-06Listed for sale$175,000
2026-01-27Pending sale$175,000
2025-10-29Price change$175,000
2025-10-23Listed for sale$185,000
2025-10-16Pending sale$185,000
2025-06-19Listed for sale$185,000
2022-01-18Sold$125,000
2022-01-03Pending sale$180,000
2021-11-10Listed for sale$180,000

For Sale by Agent

AgentKrista Hatfield
BrokerageHatfield Realty and Auction

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