$425,000
 $2,281 est/mo Sourced by Back At You

770 NW Cedar Avenue,Cedaredge, CO 81413

Cedaredge, CO 81413

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Description

Cedaredge Investment Property - Home + 2 Rentals on 1.2 Acres | ~10% CAP Income-producing residential investment in the heart of Cedaredge, CO. This 1.2-acre offering includes three separate rental unitsa 1974 stick-built home (3 bed/1.75 bath, 1,476 sq ft) plus two single-wide trailers (2 bed/1 bath and 1 bed/1 bath)generating $3,457/month ($41,484/year) in gross rents at an approximate 10% gross CAP rate. All units are on town of Cedaredge water (3 taps) and town sewer. Proven, steady rental history from both private-market tenants and the Delta Housing Authority. Best of all, roughly half the property is undeveloped, offering room to add more trailers or another home (with additional water taps from the town) for significant revenue upside. A rare turnkey cash-flow property with built-in expansion potential in a growing Western Slope community. Offered at $425,000.

Details

MLS #837064
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1973
Days On Site50
Listing Provided ByUnited Country Colorado Brokers, Inc. | Jake Hubbell

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,476
Story(s)1
Acreage1.20

Interior

Cooling Yes / NoYes
CoolingEvaporative Cooling
Heating Yes / NoYes
HeatingForced Air, Natural Gas
FurnishedUnfurnished
AppliancesGas Water Heater

Exterior

RoofMetal
Construction MaterialsModular Prefab, Wood Frame, Stick Built

Parking

Garage Yes / NoNo

Utilities

UtilitiesElectricity Available, Natural Gas Available, High Speed Internet Available

Other

List AorDelta County Board Of Realtors

Taxes

Property1394

Area Information

StateCO
CountyDelta
CityCedaredge
Zip Code81413
AreaSurface Creek
School DistrictCedaredge 9-12
Elementary SchoolCedaredge K-5
High SchoolCedaredge 9-12
Listing VS Median (in 81413)
Price:
$425,000
low | high
Med:
$449,000
44.352941176471% of Average
sqft:
1,476
low | high
Med:
1,737
32.350948509485% of Average
$ / sqft:
$288
low | high
Med:
$259
60.199845841096% of Average
On site:
50
low | high
Med:
75
66.666666666667% of Average
Sourced by Back At You

Market Activity 81413

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Learn More About This Property

StateCO
CountyDelta
CityCedaredge
Zip Code81413
AreaSurface Creek
School DistrictCedaredge 9-12
Elementary SchoolCedaredge K-5
High SchoolCedaredge 9-12
Listing VS Median (in 81413)
Price:
$425,000
low | high
Med:
$449,000
44.352941176471% of Average
sqft:
1,476
low | high
Med:
1,737
32.350948509485% of Average
$ / sqft:
$288
low | high
Med:
$259
60.199845841096% of Average
On site:
50
low | high
Med:
75
66.666666666667% of Average
Sourced by Back At You
Listing Updated: July 16, 2026 at 12:46:43 AM PDT
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