Florence Real Estate | Florence Multi-Family Homes for Sale

Historic charm, incredible character, and income-producing potential! This beautiful brick triplex offers a fantastic opportunity for investors and owner-occupants alike! With one unit currently vacant and potential gross rental income approaching $3,850 per month, you can move into one unit and let the rental income help pay your mortgage or lease all three for maximum investment potential! The impressive main building features two spacious 3-bedroom residences loaded with original character and architectural details. Gorgeous hardwood floors, intricate woodwork, beautiful pocket doors, fireplaces, and stunning original staircases showcase the craftsmanship of a bygone era. A grand covered front porch stretches across the building, adding to its timeless curb appeal. Both units offer generous living spaces, unfinished basements with laundry hookups, and private fenced backyards. Tucked away behind the main building is a separate, recently updated 712-square-foot, 1-bedroom, 1-bath residence with its own private entrance, fenced yard, and alley access. Additional amenities include a detached one-car garage and separate storage areas. All three units enjoy their own private outdoor spaces, while the currently occupied units are rented on a month-to-month basis, providing added flexibility for future ownership. Whether you’re looking to expand your investment portfolio or enjoy the financial advantages of owner-occupied rental property, this distinctive triplex offers history, versatility, and outstanding income potential! **24 HOUR NOTICE REQUIRED to view ALL UNITS. ONE UNIT IS VACANT FOR SHOWINGS**

118-120 E 2nd St, Florence

Courtesy of Real Broker, LLC .

$355,000

4 Beds ⋅ 2 Baths ⋅ 8048183 MLS

Do not miss this excellent investment opportunity in Florence, Colorado. This 1704 sq ft duplex features two 2 bedroom, 1 bathroom units, and is in nearly-new condition, with a total renovation and new addition completed in 2022. The original home was built in 1948, however, the roof, windows, drywall, electrical, lighting, furnaces (2), on-demand hot water heaters (2), appliances, sewer line, stucco, and vinyl plank flooring in both units—are just 3 years old! Bonus 2-car detached garage with its own electric meter could be rented separately, or included as a tenant incentive. (Garage is not currently included with active leases.) Excellent quiet location near the end of a dead-end road, with a .225 acre lot, providing plenty of parking spaces, and featuring a park just across the street! Looking for a place for yourself? Explore the option to live in one side, and let your tenant split the bills! Included appliances: 2 oven/ranges, 2 refrigerators, 2 microwaves, 1 washer/dryer combo unit, and 1 stacked washer/dryer. Find your peace of mind here in this solid duplex with new components for many worry-free years to come.

303 W 7th St, Florence

Courtesy of HomeSmart Preferred Realty . Jenny@HeartofHomes.com,719-458-9559

$775,000

9232614 MLS

A rare opportunity to own one of downtown Florence's most distinctive properties, offering two homes, two detached garages, a workshop, expansive 1.49-acre landscaped lot, business-friendly zoning, and unlimited potential for entrepreneurs, investors, and creatives. Whether you envision a boutique retail store, antique gallery, wine tasting room, restaurant, café, art studio, event venue, professional offices, wellness retreat, bed & breakfast, or a unique live-work lifestyle, this remarkable property provides the setting to bring your vision to life. Located at 225-229 E. Main Street, this property features mature landscaping, tranquil koi ponds connected by charming bridges, multiple water features, a gas fire pit, hot tub, workshop, storage shed, and two detached garages—creating an unforgettable destination for customers, guests, or residents alike. The beautifully restored Historic Victorian blends timeless architecture with thoughtful modern updates while preserving its original character. Inside you'll find an elegant formal dining room with an adjoining butler's pantry, an oversized kitchen with breakfast nook and pantry/laundry room, a spacious living room anchored by a custom brick fireplace, and an extraordinary library/music room highlighted by stained glass and a second custom brick fireplace. An additional parlor, two bedrooms, and two bathrooms complete this exceptional residence. Just beyond the porte-cochère, the Southwestern-style home offers flexibility as a guest residence, vacation rental, owner's quarters, or additional business space. Featuring three bedrooms, two bathrooms, a modern kitchen, custom gas fireplace, and a light-filled sunroom with a second fireplace, this home is equally impressive. The private backyard is designed for entertaining with an outdoor kitchen, fire pit, hot tub, and peaceful water feature that seamlessly blend indoor and outdoor living. Here's an opportunity to create something truly special!

225-229 E Main St, Florence

Courtesy of Bhhs Rocky Mountain Florence .

$355,000

5432439 MLS

Do not miss this excellent investment opportunity in Florence, Colorado. This 1704 sq ft duplex features two 2 bedroom, 1 bathroom units, and is in nearly-new condition, with a total renovation and new addition completed in 2022. The original home was built in 1948, however, the roof, windows, drywall, electrical, lighting, furnaces (2), on-demand hot water heaters (2), appliances, sewer line, stucco, and vinyl plank flooring in both units—are just 3 years old! Bonus 2-car detached garage with its own electric meter could be rented separately, or included as a tenant incentive. (Garage is not currently included with active leases.) Excellent quiet location near the end of a dead-end road, with a .225 acre lot, providing plenty of parking spaces, and featuring a park just across the street! Looking for a place for yourself? Explore the option to live in one side, and let your tenant split the bills! Included appliances: 2 oven/ranges, 2 refrigerators, 2 microwaves, 1 washer/dryer combo unit, and 1 stacked washer/dryer. Find your peace of mind here in this solid duplex with new components for many worry-free years to come.

303 W 7th St, Florence

Courtesy of Homesmart Preferred Realty .

$499,900

2803492 MLS

Solid structure with sold income, this 5 unit apartment complex is in the heart of Downtown Florence. Great setup with great upgrades throughout. Well cared for and maintained to continue trouble-free income accumulation. $4750 rental income with additional coin-op laundry facility. Each unit is individually metered for gas and electricity. Possible owner financing options with approved borrower. Great opportunity to add this reliable asset to your investment portfolio.

112 S Santa Fe Ave, Florence

Courtesy of Keller Williams Performance Realty .

$499,900

7 Beds ⋅ 5 Baths ⋅ 238713 MLS

Solid structure with sold income, this 5 unit apartment complex is in the heart of Downtown Florence. Great setup with great upgrades throughout. Well cared for and maintained to continue trouble-free income accumulation. $4750 rental income with additional coin-op laundry facility. Each unit is individually metered for gas and electricity. Possible owner financing options with approved borrower. Great opportunity to add this reliable asset to your investment portfolio.

112 S Santa Fe Ave, Florence

Courtesy of Keller Williams Performance Realty .

$355,000

4 Beds ⋅ 2 Baths ⋅ 234343 MLS

Do not miss this excellent investment opportunity in Florence, Colorado. This 1704 sq ft duplex features two 2 bedroom, 1 bathroom units, and is in nearly-new condition, with a total renovation and new addition completed in 2022. The original home was built in 1948, however, the roof, windows, drywall, electrical, lighting, furnaces (2), on-demand hot water heaters (2), appliances, sewer line, stucco, and vinyl plank flooring in both units—are just 3 years old! Bonus 2-car detached garage with its own electric meter could be rented separately, or included as a tenant incentive. (Garage is not currently included with active leases.) Excellent quiet location near the end of a dead-end road, with a .225 acre lot, providing plenty of parking spaces, and featuring a park just across the street! Looking for a place for yourself? Explore the option to live in one side, and let your tenant split the bills! Included appliances: 2 oven/ranges, 2 refrigerators, 2 microwaves, 1 washer/dryer combo unit, and 1 stacked washer/dryer. Find your peace of mind here in this solid duplex with new components for many worry-free years to come.

303 W 7th St Unit 2, Florence

Courtesy of HomeSmart Preferred Realty .

Florence Multi-Family Properties for Sale

Newest Florence Multi-Family Homes for Sale

How much is your home worth?

How much is your home worth?