Duplex with Updated
For Sale
$425,000
139 Willow Street, Fruita, CO 81521
Residential, Fruita, CO
Property Size1,570 SF
Lot Size0.20 Acres
Price / SF$270.70
Days on Market184
Property Features for 139 Willow Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
DMU
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
RV
Patio and Porch features
Deck
Interior features
Pantry, WindowTreatments, ProgrammableThermostat
Exterior features
Shed
Appliances
Dryer, ElectricOven, ElectricRange, Refrigerator, Washer
Subdivision
Fruita Townsite
Lot features
Landscaped
Elementary school
Shelledy
Middle school
Fruita
High school
Fruita Monument
Directions
From Circle Park headed West Aspen Ave to Willow, North on Willow to proprety address.
Standard status
Active
APN
2697-172-17-017
Size
1,570 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1344
Utilities
Heating system
Natural Gas, Hot Water(Heating), Baseboard
Water source
Public
Amenities
storage sheds
Building Details
Year built
1978
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl, Tile
Building materials
Masonite, WoodFrame
Roof type
Composition, Asphalt
Architectural style
Ranch
Additional Structures
Shed(s)
Listing Agency:
CHESNICK REALTY, LLC
(970) 858-8238
Listed By:
Lori Chesnick · License #501
(970) 260-0550
Added: Mar 9
Changed: Sep 7
Last Checked: Sep 8 at 2:06PM
MLS# 20261028
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 ranch-style duplex contains 1,570 square feet on a 0.20-acre lot. The property has a new roof, new evaporative coolers installed in 2021, and two bathrooms. Unit B received fresh paint and new carpet, while the interiors include tile, vinyl, and carpet flooring. Additional features include a deck, pantry, programmable thermostat, window treatments, and a mix of appliances including washers, dryers, refrigerators, and electric ranges.
The property is located at 139 Willow Street in Fruita, Colorado, one block from Aspen Ave. Parking options include off-street space, street parking, alley access, and RV parking. Exterior storage sheds provide additional utility, and the public water supply supports the property. The wood-frame construction dates to 1978 and includes Masonite siding with an asphalt composition roof.
The property is located at 139 Willow Street in Fruita, Colorado, one block from Aspen Ave. Parking options include off-street space, street parking, alley access, and RV parking. Exterior storage sheds provide additional utility, and the public water supply supports the property. The wood-frame construction dates to 1978 and includes Masonite siding with an asphalt composition roof.
Key Highlights
- 1570‑square‑foot duplex on a 0.20‑acre lot
- New roof and evaporative coolers installed in 2021
- Unit B has fresh paint and new carpet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$312,300
$312.3K
Cap Rate 7%
$223,071
$223.1K
Cap Rate 9%
$173,500
$173.5K
Market Conditions
NOI Build-Up for 1,570 SF
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.
Gross rent
$24.1K $15.36/SF
− Vacancy
−$1.8K −$1.15/SF
EGI
$22.3K $14.21/SF
− OpEx
−$6.7K −$4.26/SF
NOI
$15.6K $9.95/SF
Area
Mesa County, CO
Vacancy
7.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$312,300
Cap Rate 7%
$223,071
Cap Rate 9%
$173,500
Alternative Uses
Best Use
Multifamily LT 5
$223.1K
$195.2K – $260.3K
NOI $15,615 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$204.8K
$179.2K – $239.0K
NOI $14,338 @ 7.0% cap · market cap 3.37%
Theoretical Best
Healthcare Medical
$2.98M
$2.61M – $3.48M
NOI $208,559 @ 7.0% cap · market cap 49.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 81521, CO
16,446
Population
6,531
Households
2.5
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
181.6 sq mi
ZIP Area
91
Density / Sq Mi
$82,632
Median Household Income
$41,801
Median Earnings
$1,249
Median Rent
$385,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Ranch-style two-unit property with off-street parking, alley access, and storage sheds.
Where is this duplex located?
The property is located at 139 Willow Street Fruita, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1570‑square‑foot duplex on a 0.20‑acre lot; New roof and evaporative coolers installed in 2021; Unit B has fresh paint and new carpet
