New Fruita Duplex with
1107 & 1109 Mee Canyon Circle Fruita, CO 81521
For Sale
$1,078,000
MULTI_FAMILY - Other - Fruita, CO
Property Size3,338 SF
Lot Size0.19 Acres
Price / SF$322.95
Days on Market167
Property Features for 1107 & 1109 Mee Canyon Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
6
Rooms
Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 2, Bedroom 1, Bathroom 6, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1
Parking features
RV, Open
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
CeilingFans, GraniteCounters, WalkInClosets, WalkInShower, ProgrammableThermostat
Exterior features
SprinklerIrrigation
Appliances
Dishwasher, GasOven, GasRange, Microwave, Refrigerator
Standard status
Active
APN
See Agent Remarks
Size
3,338 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1936
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl, Tile
Building materials
Masonite, Stone, Stucco, WoodFrame
Roof type
Asphalt, Composition
Architectural style
Other
Listing Agency:
DIAMOND REALTY & PROPERTY, LLC
(970) 778-8714
Listed By:
Terri Montano
(970) 778-8714
Added: Feb 10
Changed: Jul 26
Last Checked: Jul 27 at 11:06AM
MLS# 20260613
Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This new construction duplex is located in Fruita, Colorado, and offers views of the surrounding landscape. The property features modern finishes throughout, including open-concept kitchens, living, and dining areas. The kitchens showcase cabinetry, modern colors, and granite countertops. The primary suites include large tubs, tiled walk-in showers with glass doors, and double sinks. Upstairs, there are two additional bedrooms with walk-in closets, and a flex space suitable for a family room or office. The property includes north-facing back patios and a fully fenced and landscaped yard with both irrigation and city water. Fiber internet is installed. The property size is 3338 square feet and the lot size is 0.19 acres.
Key Highlights
- Duplex under construction, built in 2026, with modern finishes and open‑concept kitchen, living, and dining areas
- Main‑floor primary suite features include large tub, tiled walk‑in shower with glass doors, double sinks, and high‑end finishes
- Upstairs offers two additional bedrooms with walk‑in closets plus a large flex space for a family room or office
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.3k | $15.36 |
| − Vacancy | −$3.8k | −$1.15 |
| EGI | $47.4k | $14.21 |
| − OpEx | −$14.2k | −$4.26 |
| NOI | $33.2k | $9.95 |
3,338 SF · lease $15.36/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$474.3K
$415.0K – $553.3K
NOI $33,198 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$435.5K
$381.1K – $508.1K
NOI $30,485 @ 7.0% cap · market cap 2.83%
Theoretical Best
Healthcare Medical
$6.33M
$5.54M – $7.39M
NOI $443,420 @ 7.0% cap · market cap 41.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - New duplex in Fruita with modern finishes and mountain views.
Where is this duplex located?
The property is located at 1107 & 1109 Mee Canyon Circle Fruita, CO.
What is the asking price?
The asking price for this property is $1,078,000.
What are key features of this property?
This property features: Duplex under construction, built in 2026, with modern finishes and open‑concept kitchen, living, and dining areas; Main‑floor primary suite features include large tub, tiled walk‑in shower with glass doors, double sinks, and high‑end finishes; Upstairs offers two additional bedrooms with walk‑in closets plus a large flex space for a family room or office
