303 W 7th St #2, Florence, CO, 81226
About This Home
Do not miss this excellent investment opportunity in Florence, Colorado. This 1704 sq ft duplex features two 2 bedroom, 1 bathroom units, and is in nearly-new condition, with a total renovation and new addition completed in 2022. The original home was built in 1948, however, the roof, windows, drywall, electrical, lighting, furnaces (2), on-demand hot water heaters (2), appliances, sewer line, stucco, and vinyl plank flooring in both units—are just 3 years old! Bonus 2-car detached garage with its own electric meter could be rented separately, or included as a tenant incentive. (Garage is not currently included with active leases.) Excellent quiet location near the end of a dead-end road, with a .225 acre lot, providing plenty of parking spaces, and featuring a park just across the street! Looking for a place for yourself? Explore the option to live in one side, and let your tenant split the bills! Included appliances: 2 oven/ranges, 2 refrigerators, 2 microwaves, 1 washer/dryer combo unit, and 1 stacked washer/dryer. Find your peace of mind here in this solid duplex with new components for many worry-free years to come.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1948
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subType: Duplex
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling
- Cooling features: None,Other
Features
- Vaulted Ceiling(s),Walk-in Shower
- Window features: Window Coverings
Interior Area
- Total structure area: 1,705
- Total interior livable area: 1,705 sqft
Property
Details
- Parcel number: 93000030
- Attached to another structure: Yes
- Zoning: R-1
Features
- Exterior features: None
Lot
- Lot size: 9,801 sqft
- Lot size dimensions: 65 x 150
Parking
- Total spaces: 2
- Parking features: 2 Car Garage Detached,On Site
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Inland Flooding
- Lightning
- Hail
- Winter Weather
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,795 | $21,540 |
| Home Insurance * | $259 | $3,108 |
| Property Taxes | $106 | $1,272 |
| Electricity | $186 | $2,232 |
| Total | $2,346 | $28,152 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Price change | $360,000 |
| 2026-02-07 | Price change | $370,000 |
| 2025-12-16 | Price change | $380,000 |
| 2025-10-20 | Price change | $392,000 |
| 2025-08-29 | Listed for sale | $400,000 |
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