722 W Jefferson St #1-6, Trinidad, CO, 81082
About This Home
Live, Earn, and Expand with This Unique Multi-Unit Property. A rare opportunity for an owner-occupant to enjoy beautiful surroundings while offsetting expenses with strong rental income. This 6-unit property offers exceptional flexibility, featuring two month-to-month long-term units and four well-established short-term rental units, allowing a new owner to live on site while continuing income production. The property generated over $115,000 in income in 2025, providing meaningful support toward ownership costs while maintaining privacy and comfort. Guests and residents alike enjoy a thoughtfully designed outdoor pergola area and sweeping views of Fishers Peak, creating a peaceful, retreat-like setting that feels far from ordinary. An added bonus is the additional lots included, presenting a compelling opportunity for future expansion. With the potential to add more units and nearly double the size of the property (buyer to verify), this is an ideal setup for a buyer looking to grow into a larger income property over time. Perfect for a buyer seeking a primary residence with built-in income, long-term flexibility, and room to grow—all in a scenic and highly desirable location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1996
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- Window features: Window Coverings
- Flooring: New Floor Coverings
Interior Area
- Total structure area: 4,508
- Total interior livable area: 4,508 sqft
Property
Details
- Parcel number: 14389000
- Zoning: MIX
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch-Open-Front,Porch-Covered-Front
- Exterior features: Outdoor Lighting-Front
Lot
- Lot size: 0.60 Acres
- Features: Irregular Lot
- Lot size dimensions: .603 Ac
Parking
- Parking features: RV Access/Parking,No Garage
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
- Winter Weather
- Cold Wave
- 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 | $4,550 | $54,600 |
| Home Insurance * | $1,165 | $13,980 |
| Property Taxes | $202 | $2,424 |
| Electricity | $340 | $4,083 |
| Total | $6,257 | $75,084 |
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 |
|---|---|---|
| 2026-01-26 | Listed for sale | $900,000 |
View on Zillow