Duplex With Triplex
285 S Grand Mesa Drive Cedaredge, CO 81413
285 S Grand Mesa Drive, Cedaredge, CO, 81413
$412,500
For Sale
$412,500
MULTI_FAMILY - Other - Cedaredge, CO
Property Size3,245 SF
Lot Size0.20 Acres
Price / SF$127.12
Days on Market70
Property Features for 285 S Grand Mesa Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2
- Parking features
- Assigned
- Patio and Porch features
- Deck, Patio
- Interior features
- CeilingFans, GardenTubRomanTub, JettedTub
- Appliances
- Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, GasOven, GasRange, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- 3193-292-00-050
- Size
- 3,245 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2620
Utilities
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Wood, Carpet
- Building materials
- Stucco, WoodFrame
- Roof type
- Asphalt, Composition
- Architectural style
- Other
Listing agency
GRAND MESA REAL ESTATE SERVICES
(970) 512-3000
Listed by
Lucinda Stanley · License #100029019
(970) 512-3000
Added: May 14 Updated: Jul 21 at 11:42PM Checked: Jul 22 at 9:06AM
MLS# 20262280
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.
Built in 2003, this well-maintained multi-tenant residential property is currently configured and rented as a duplex. It is designed for flexibility, including an easy path to expand to a triplex by adding a studio apartment and a stackable washer and dryer for the upstairs unit. The apartments have had recent upgrades intended to improve comfort and day-to-day livability.
The property includes private parking spaces and fenced private yards for tenant convenience. It is adjacent to a pocket park honoring local Veterans, and is positioned within walking distance to downtown shops, restaurants, and amenities in Cedaredge.
For tenants and owner-users, the duplex setup supports options such as living in one unit while renting the other. For investors, the property is described as fully leased and turnkey, with showings available through the listing broker on 48-hour notice to tenants. A detailed list of improvements is available upon request, which can help buyers evaluate the condition and the scope of the potential triplex conversion.
The property includes private parking spaces and fenced private yards for tenant convenience. It is adjacent to a pocket park honoring local Veterans, and is positioned within walking distance to downtown shops, restaurants, and amenities in Cedaredge.
For tenants and owner-users, the duplex setup supports options such as living in one unit while renting the other. For investors, the property is described as fully leased and turnkey, with showings available through the listing broker on 48-hour notice to tenants. A detailed list of improvements is available upon request, which can help buyers evaluate the condition and the scope of the potential triplex conversion.
Key Highlights
- Built in 2003 and fully leased multi‑tenant property currently configured and rented as a duplex.
- Set up for conversion to a triplex with addition of a studio apartment and a stackable washer/dryer for the upstairs unit.
- Offered at a 6% cap rate; private assigned parking spaces and fenced private yards for tenants.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained 2003-built duplex offering private parking and fenced yards, with potential to add a third unit.
Where is this duplex located?
The property is located at 285 S Grand Mesa Drive Cedaredge, CO.
What is the asking price?
The asking price for this property is $412,500.
What are key features of this property?
This property features: Built in 2003 and fully leased multi‑tenant property currently configured and rented as a duplex.; Set up for conversion to a triplex with addition of a studio apartment and a stackable washer/dryer for the upstairs unit.; Offered at a 6% cap rate; private assigned parking spaces and fenced private yards for tenants.
