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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
403 E 3rd Street, Rifle, CO 81650- MLS# 194420
Broker Attribution: (970) 230-0359

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