217 E 3rd St, Trinidad, CO 81082
OFF MARKET

217 E 3rd St
Trinidad, CO 81082

  • 7 Beds
  • 3.5 Baths
  • 5,800 sqft

$408,600

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $2,215/mo*
Refinance Your Home

$408,600

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $2,215/mo*
Refinance Your Home
7 Beds
3.5 Baths
5,800 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Historic Multi-Family Property – Investor’s Dream!

Don’t miss out on this incredible opportunity to own a piece of history with extremely high cash-flow potential! This charming, historic building is perfectly located just blocks from downtown, offering unbeatable proximity to amenities, restaurants, and entertainment.
This property is an investor’s dream. Whether you’re looking to expand your portfolio or get started in the world of real estate, this multi-family gem offers endless potential for long-term gains.
Key Features:
 • Prime Location: Just minutes from downtown. Surrounded by SF Housing.
 • Historic Charm: Beautiful Architecture.
 • Appraised at $325,000 as-is condition – substantial equity potential once renovated
• 4 Total Units: 3 above-ground units have been consistently rented for the past 5 years.
• Basement Unit: The 4th unit, located in the basement, is just waiting for the right investor to unlock its full potential. With a little sweat equity, this unit can be finished to add additional rental income and further increase the property’s value.
• Investor’s Dream: Huge upside potential with room for improvements.
 • Double Lot: Includes 3 off-street parking spots and a Driveway.
 • Priced under Appraised value. Instant equity equity Day 1.
Why This Property?
 • Steady income stream
 • Strong demand for rental properties in this prime location
 • Potential to Increase cash-flow by completing the basement rental unit and adding a laundry room.
Unit Current Rental Market
4 Bedroom, 1.5 Bath: $1,350
2 Bedroom, 1 Bath: $1,150
1 Bedroom, 1 Bath: $950
Total: $3,400
2 Bedroom Basement Unit: $1,000 – Once Renovated
The 4-bedroom and 1-bedroom units are currently being updated, with improvements underway to further increase the property’s value and rental potential. Once the renovations are finished, we plan to list the property through an agent and raise the price, making this an ideal time to invest before the market price increases.
This rare opportunity won’t last long—schedule a viewing today and see why this historic building is the next big thing in your investment portfolio!
Contact us today for more information or to arrange a showing.
Act fast – this one’s a winner!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 217 E 3rd St

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Multi Family

Price History for 217 E 3rd St

DatePriceEventSource
05/08/2025ListingRemovedN/A
03/03/2025$300,000Listed For SaleN/A
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for 217 E 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
217&317 E Third Chestnut St, Trinidad, CO
0.01
Multi-Family Home
$310,000
09/30/25
7
4.5
7,510

Assigned Schools

These are the assigned schools for 217 E 3rd St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Trinidad

At least 44 Trulia users voted on each feature.

  • 78 % Say it's dog friendly

  • 77 % Say there are sidewalks

  • 77 % Say parking is easy

  • 74 % Say yards are well-kept

  • 69 % Say it's walkable to restaurants

  • 67 % Say there's wildlife

  • 64 % Say kids play outside

  • 63 % Say car is needed

  • 63 % Say there's holiday spirit

  • 60 % Say it's walkable to grocery stores

  • 56 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 45 % Say it's quiet

  • 44 % Say streets are well-lit

  • 35 % Say people would walk alone at night

  • 35 % Say there are community events

Learn more about our methodology.
  • Melanie M.
    "The area is laying back and comfortable. It has great programs and plans to build and enhance the community. "
    10
    Flag
  • Rene M.
    "Many dog running around and unleashed in the downtown area and the neighborhoods outside of it. Sidewalks in most areas are very poor or non existing. There is a dog park and trails along the river or designated nature areas to walk with a leashes pet. "
    20
    Flag
  • Nancy W.
    "kit Carson park is a good place to walk your pets. lot of dogs and their humans every day. see your regulars"
    2
    Flag
  • Ivy M.
    "i live in the dorms at trinidad state junior college. Its some what easy to get around but when you don't have a car its hard to get to the closest Wal-Mart."
    19
    Flag
  • Kim K.
    "Near enough to town to be convenient. Secluded enough for quiet and privacy."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Homes for sale near 217 E 3rd St

Skip to last item
Skip to first item

Homes for rent near 217 E 3rd St

Skip to last item
Skip to first item

Off Market Homes Near 217 E 3rd St

Skip to last item
Skip to first item

Explore by feature

217 E 3rd St, Trinidad, CO 81082 is a 7 bedroom, 4 bathroom, 5,800 sqft multi-family built in 1922. This property is not currently available for sale. The current Trulia Estimate for 217 E 3rd St is $408,600.