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Welcome to Delta County's premier turn-key, investment opportunity. This fully leased, downtown Cedaredge property features two residences. The primary home offers 1,388 square feet with three bedrooms (one non-conforming), one bathroom, and a carport. Remodeled with new flooring, updated kitchen and bathroom, and modern fixtures throughout. The property also features a detached secondary residence or ADU. The 383-square-foot studio was built in 1995 with its own living space, kitchen, and bathroom. Recent improvements include new flooring and a new water heater. Both units are currently leased, providing immediate cash flow with a strong 6%+ cap rate. Ideally located within walking distance to historic Cedaredge City Park and downtown amenities, and easy access to the Grand Mesa - offering year-round recreation including fishing, hiking, snowmobiling, cross-country skiing, and the Powderhorn ski area. A rare opportunity to own a low-maintenance, high-performing investment in one of Delta County's most iconic communities.
| LAST UPDATED | 1/29/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 1958 | COMMUNITY | Surface Creek |
| COUNTY | Delta | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Cedaredge K-5 |
|---|---|
| Jr. High School | Cedaredge 6-8 |
| High School | Cedaredge 9-12 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator |
| AREA | Surface Creek |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Masonite, Vinyl Siding |
| FIREPLACE | Yes |
| HEAT | Baseboard, Electric, Forced Air, Natural Gas, Wood |
| INTERIOR | Eat-in Kitchen |
| LOT | 6098 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | None |
| TAXES | 1042.56 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Renfrow Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
Real Estate listings held by companies other than Real contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 2/2/26 12:38 AM PST
This IDX solution is (c) Diverse Solutions 2026.
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