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403 E 3rd Street, Rifle, CO 81650
New Listing
$490,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,132
Lot Size (sq. ft.):
6,250
Status:
Active
Current Price:
$490,000
List Date:
9/02/2026
Last Modified:
9/03/2026
Description
Discover exceptional flexibility and investment potential with this centrally located Rifle property! Currently generating approximately $3,500 per month in rental income, the property offers an attractive opportunity for investors or owner-occupants seeking supplemental income. The main home features 2 bedrooms and 1 bathroom and a flexible space downstairs, with existing private access to both the upper and lower levels--offering potential for conversion into separate living unit (subject to approval). A permitted, standalone tiny home provides additional possibilities for rental income, guest accommodations, multigenerational living, or a private home office. Situated on a large lot with abundant off-street parking, this unique property is conveniently located near downtown Rifle, shopping, dining, parks, and walking paths. A rare opportunity with multiple living spaces, established income, and room to bring your vision to life!
Main House- 2 bed, 1 bath, 1 nonconforming bedroom (flexible space)
Tiny House- Loft and 3/4 Bath
Main House Major Improvements
- new boiler
- new swamp cooler
- new soffit
- new gutters
- new concrete
- new sewer line
Tiny Home constructed 2023
More Information MLS# 194420
Location Info
Current Price: $490,000
Type: Single Family Residence
Lot Size: 6,001 - 12,000
Major Area: Rifle
Area: 12-Rifle Proper
Original List Price: 490000
Asking Price: 490000
Street #: 403
Street Direction Pfx: E
Street Name: 3rd
Street Suffix: Street
City/Town: Rifle
State/Province: CO
Postal Code: 81650
Geo Lat: 39.531361
Geo Lon: -107.779416
Keywords Info
Bedrooms: 2
Total Baths: 2
Baths - Full: 1
Baths - 3/4: 1
Acreage: Refer to Lot Size
Garage: No
Pre-Fabricated Home: No
Listing Info
Listing Date: 2026-09-02
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Glenwood Association
County: Garfield
ADU: Yes
General Info
Sub/Loc: Clarkson-Munro
Legal: SECTION: 16 TOWNSHIP: 6 RANGE: 93 SUBDIVISION: CLARKSON & MUNRO SUB. BLOCK: 2 LOT: 11 AND:- LOT: 12 6250 SQUARE FEET
Zoning: Residential
Nbr of Acres: 0.14
Lot SqFt: 6250
Lv Ht SqFt: 1132
Total SqFt: 1132
Price/LvH SqFt: 432.86
Main Floor Primary Bedroom: No
Year Built: 1918
Parcel #: 217716114004
Directions: Railroad Ave, East on 3rd Street, on the right as you top the hill
Financing Info
Metro Tax District: No
Taxes: 1179.88
Tax Year: 2025
Transfer Tax: No
HOA Dues Y/N: No
HOA Transfer Fee: No
Status Change Info
Status: Active
Remarks
Public Remarks: Discover exceptional flexibility and investment potential with this centrally located Rifle property! Currently generating approximately $3,500 per month in rental income, the property offers an attractive opportunity for investors or owner-occupants seeking supplemental income. The main home features 2 bedrooms and 1 bathroom and a flexible space downstairs, with existing private access to both the upper and lower levels--offering potential for conversion into separate living unit (subject to approval). A permitted, standalone tiny home provides additional possibilities for rental income, guest accommodations, multigenerational living, or a private home office. Situated on a large lot with abundant off-street parking, this unique property is conveniently located near downtown Rifle, shopping, dining, parks, and walking paths. A rare opportunity with multiple living spaces, established income, and room to bring your vision to life!
Main House- 2 bed, 1 bath, 1 nonconforming bedroom (flexible space)
Tiny House- Loft and 3/4 Bath
Main House Major Improvements
- new boiler
- new swamp cooler
- new soffit
- new gutters
- new concrete
- new sewer line
Tiny Home constructed 2023
Miscellaneous
Under Construction: No
Inclusions
Inclusions: 2 Refrigerators (1-main house, 1- tiny house)
Property Features
Laundry Facility: Laundry Room
Construction: Frame
Exterior: Stucco
Roof: Composition Shingles
Heating: Baseboard; Hot Water
Electric: Electricity Connected
Gas: Natural Gas Connected
Water: Public
Cooling: Evaporative Cooling
Sanitation: Sewer
Possession: DOD
Terms Offered: Cash; New Loan
Sign: Yes
Inclusions: Dishwasher; Microwave; Range; Refrigerator; Stove Top
Listing Office: Freehold Mountain Real Estate
Last Updated: September - 03 - 2026
Broker Attribution:
(970) 230-0359
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
ALL RIGHTS RESERVED WORLDWIDE
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.