5 E Park Avenue Empire, CO $ 550,000
5 E Park Avenue
$ 550,000
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5 E Park Avenue

Empire, CO, 80438
$ 550,000
Bedrooms6 Baths4.0 Sq 3,200

Monthly Estimate*

$ 3,386

Listed by Clear Creek Realty Colorado LLC
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Multi-Family Home for sale in Empire, CO

for $550,000 with 6 bedrooms and 4 full baths. This 3,200 square foot home was built in 1890 on a lot size of 0.06.

Nestled in the heart of historic Empire, this iconic storefront building perfectly captures the quintessential Colorado lifestyle by blending Old West charm with exceptional investment potential. Currently operating as a successful four-unit residential property with steady long-term occupancy, the building benefits from high rental demand due to its strategic proximity to the three largest employers in the county: The Henderson Mine, Clear Creek County government offices, and Loveland Ski Area. The flexible Residential-Commercial (R-C) zoning and high-visibility mountain corridor location make it an ideal candidate for a live-work setup, retail business, or possible B&B /short-term rental conversion. Residents enjoy sun-drenched panoramic valley views from the front porch and upper units, alongside a common backyard and storage shed for outdoor gear. Surrounded by the rich history of the neighboring Mint Saloon, Red Men Hall, and the original 1934 Hard Rock Cafe, this property sits at the center of the town's storied business district. Just 30 minutes from the Denver Metro area and surrounded by world-class skiing, rafting, and biking, this is a rare opportunity to own a piece of history and secure your fortune in an outdoor adventure paradise.

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Multi-Family Active

Price

$ 550,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,049

Style

Traditional,Victorian

Lot Size

0.06

Year Built

1890

Town/City

Empire

County/Region

Clear Creek

MLS | Web ID

4901584

Features
Interior
Interior Amenities High Ceilings High Speed Internet
Flooring Carpet Vinyl Wood
Common Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 3200
Laundry Features In Unit
Total Bedrooms 6
Total Baths 4
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General
Sewer Public Sewer
Heating Forced Air Radiant
Cooling None
Utilities Electricity Connected Natural Gas Connected
Possession Closing/DOD
Roof Composition Rolled/Hot Mop
Appliances Dishwasher Dryer Range Refrigerator Washer
Zoning Mixed Res. Comm.
Garage Spaces 0
Patio/Porch Features Covered Front Porch
Architectural Style Traditional Victorian
Construction Materials Frame
Exclusions Tenants personal belongings
Year Built 1890
View City Mountain(s) Valley
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Corporation/Trust
Gross Income 64920
County Clear Creek
Operating Expense 12606
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Town of Empire
Facing Direction Southwest
Status Active
Directions Google maps take you right to the property.
High School Clear Creek
City Empire
Senior Community Y/N N
High School District Clear Creek RE-1
Lot Size Units Square Feet
Lot Size Square Feet 2410
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional
Elementary School Carlson
Tax Annual Amount 1049
Home Warranty Y/N N
Middle/Junior High School Clear Creek
Property Condition Fixer Updated/Remodeled
Ok to Lease Month To Month
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Clear Creek RE-1
Elementary School District Clear Creek RE-1
Cap Rate 9.5
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Exterior
Fencing Partial
Lot Features Corner Lot Level Near Public Transit Near Ski Area
Water Source Public
Total Parking 6
Lot Size Area 2410
Building Area Total 3200
Lot Size Acres 0.06
Builder Model Old West false front saloon
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 5
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* Excluded Features
List By
Clear Creek Realty Colorado Llc

Broker

(303) 567-1010

Phone

Affordability Calculator

$3,474
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3042947 Elementary School
3043781 Middle School
Clear Creek High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$550,000 Listed Price

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5 E Park Avenue, Empire, CO, 80438 is a Multi-Family Home for sale at $550,000 with 3,200 sqft and a lot size of 0.06. 5 E Park Avenue has 6 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 80438 which is in Empire, CO