Twitter
Facebook
Email
|
This well-maintained multi-tenant residential property, built in 2003, is ideally located in the heart of downtown Cedaredge and is fully leased. Offering exceptional flexibility, this investment property presents multiple opportunities — continue generating rental income, live in one unit while renting the others, or accommodate multi-generational living. Currently configured and rented as a duplex, the property is already set up for easy conversion to a triplex with the addition of a studio apartment and a stackable washer and dryer for the upstairs unit. Recent upgrades to the apartments enhance both comfort and appeal, while private parking spaces and fenced private yards add convenience for tenants. The property is adjacent to a pocket park honoring local Veterans and is within walking distance to downtown shops, restaurants, and amenities. A detailed list of improvements is available upon request. Offered at a 6% CAP rate, this turnkey, income-producing property is an excellent investment opportunity. Showings are available with the Broker and require a 48-hour notice to tenants.
| LAST UPDATED | 5/14/2026 | TRACT | Surface Creek |
|---|---|---|---|
| YEAR BUILT | 2003 | COMMUNITY | Surface Creek |
| COUNTY | Delta | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Cedaredge K-5 |
|---|---|
| Jr. High School | Cedaredge 6-8 |
| High School | Cedaredge 9-12 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Surface Creek |
| CONSTRUCTION | Stucco |
| LOT | 8712 sq ft |
| STORIES | 2 |
| SUBDIVISION | Surface Creek |
| TAXES | 2620 |
| ZONING | Live/Work,Residential Multi Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Grand Mesa Real Estate Services
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: 5/15/26 4:34 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Justin
Gleason to contact you even if your name is on a Federal or State
"Do not call List".
