#8029738, Lisa L. Ford, Listing office: EXIT Elevation Realty
Property details
About 547 Yale Pl
Turnkey 12-Unit Multifamily Opportunity – 7% CAP Rate | 1031 Exchange Ready This well-maintained 12-unit apartment complex offers stable cash flow and long-term upside for discerning investors. Each of the twelve units features a spacious 2-bedroom, 1-bathroom layout, making them highly desirable for tenants and easy to lease. The property boasts a durable stucco exterior, hot water baseboard heat, and air conditioning for tenant comfort year-round. With a current occupancy rate exceeding 95% and priced at a solid 7% capitalization rate, this asset provides immediate income with minimal hassle. The property has been well cared for, requiring no major deferred maintenance—ideal for investors seeking a clean, income-producing asset. Perfectly suited for a 1031 exchange or portfolio expansion, this multifamily opportunity is an excellent choice for those looking to build wealth through residential real estate. Don’t miss this chance to own a strong-performing investment property with proven returns.
Highlights
Home typeOther
HeatingBaseboard, Hot Water
StatusActive
CoolingCentral Air
BasementYes
Lot size0.412 Acres
Year built1973
MLS #5135650
Summary
- Basement: Yes
- Total Bedroom Count: 2
- Heating: Baseboard, Hot Water
- Cooling: Central Air
- List Price: $1,350,531
- Annual Tax Amount: $4,591
- Tax Year: 2023
- Year Built: 1973
- Lot Size: 0.412 Acres
- MLS Number: 5135650
- MLS Name: RoyalGorge
- Office Name: Keller Williams Performance Realty
- Office Phone: (719) 269-7355
- Listing Agent: Tony R. Greer
Copyright Royal Gorge Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 11:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 30, 2014 | Home Sold | $515,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $53,701 | $4,591 |
| 2022 | $37,295 | $3,236 |
| 2021 | $39,215 | $3,316 |
| 2020 | $34,134 | $2,867 |
| 2019 | $34,134 | $2,831 |
| 2018 | $35,699 | $3,036 |
| 2017 | $35,699 | $2,828 |
History based on county public records data.
Nearby schools
5
Washington Elementary School
Public District KG-5
0.6 mi
•606 N 9th St
6
Lincoln School of Science And Technology
Public District KG-5
1.6 mi
•420 Myrtle Ave
5
Fremont Elementary School
Public District KG-5
7.2 mi
•500 W 5th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,230. The most common annual income of people living in Canon City, CO is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
65%
<35k
28%
35k-100k
5%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
32%
35-64 yrs old
37%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Horse Races
Where do the neighbors shop?
Chico's
Stein Mart
Sam's Club
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
LongHorn Steakhouse
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Soft Adult Contemporary
News
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 547 Yale Pl
The listing price of 547 Yale Pl property is $1,350,531.
The property 547 Yale Pl is a house located in Canon City, Colorado, 81212.
Active Listing: 547 Yale Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 547 Yale Pl are: Washington Elementary School (GreatSchools Rating 5/10), Lincoln School of Science And Technology (GreatSchools Rating 6/10), Fremont Elementary School (GreatSchools Rating 5/10), Canon City Middle School (GreatSchools Rating 4/10), Canon Exploratory School (GreatSchools Rating 6/10), Mount View Core Knowledge Charter School (GreatSchools Rating 6/10), Canon City High School (GreatSchools Rating 4/10), Fremont High School (GreatSchools Rating 3/10), Cripple Creek-Victor Middle/Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $4,591 (source: MLS/based on county public records data).
The last sale was on July 30, 2014 for $515,000 (source: MLS/tax record).
The property at 547 Yale Pl has 2 bedrooms and 0 bathroom.
The year of construction for 547 Yale Pl is 1973.
This home is located at 547 Yale Pl in Canon City, CO and zip code 81212. Features: 2 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $1,350,531.
Over 3 listings were sold over their listed price in June 2025 in Canon City, CO. In the same period over 26 listings were sold below the listed price and 6 listings were sold for the listed price. Between May and June 2025, Canon City, CO real estate market has seen increase in the number of listings by 12.9%. While the average time on the market in June 2025 was 71 days, the median list price was $319,000.
From Rocket Homes Real Estate and based on county public records data.