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315 N 5th St, Canon City, CO, 81212

5beds
3baths
--sqft
$374,900
--price/sqft
$2,406/moest. monthly cost
$96,240/yrincome needed

About This Home

**Charming Victorian Triplex in Prime Canon City Location** Step into a remarkable investment opportunity with this Victorian triplex, nestled in the heart of Canon City near Main Street. Ideally located near parks, walking and biking trails, and the scenic Riverwalk, this property offers both charm and convenience, making it an ideal choice for savvy investors. Currently 100% occupied, this triplex boasts a strong long-term rental history, demonstrating its appeal and reliability as a lucrative investment. Each unit has been well maintained and updated over the years, ensuring comfortable accommodations for tenants while maximizing rental income potential. Key features include off-street parking for tenants, a common laundry area for added convenience, and a fenced backyard that provides a private outdoor space for residents. The property's exterior has recently been refreshed with new paint, enhancing its curb appeal, while new HVAC systems in each unit guarantee efficient heating and cooling. This unique building presents a fantastic opportunity for investors looking to acquire a well-proven asset in a desirable location. With its mix of historical character and modern amenities, this triplex not only serves as a reliable income source but also holds significant future potential in a thriving market. Don't miss your chance to invest in this exceptional property that combines charm, stability, and growth opportunities!

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

3/10
6/10
Canon City Middle SchoolGrades 6-80.7 mi
3/10
Canon City High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1908

Materials

  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Window features: Double Pane Windows,Single Pane
  • Attic: Access Only

Heating & Cooling

  • Heating features: Central,Forced Air,See Remarks
  • Cooling features: Central Air,See Remarks

Property

Details

  • Parcel number: 11005720

Features

  • Fencing: Rear

Lot

  • Lot size: 5,662 sqft

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

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather
Hail

FEMA Declared Disasters Across Colorado Counties

Fire
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 $1,895$22,740
Home Insurance *$213$2,556
Property Taxes $112$1,344
Electricity $186$2,232
Total$2,406$28,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,491/yr
40% on housing$72,180/yr
45% on housing$64,160/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: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 81212$154
Fremont County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 81212$214
Fremont County$209

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
2026-04-22Price change$374,900
2025-12-17Price change$399,900
2025-09-05Listed for sale$424,900
2017-01-03Sold$145,000

For Sale by Agent

AgentNick J. Sartori
BrokerageReal Broker, LLC

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