Two Quadplex Rental
804 & 812 W Cedar Court Fruita, CO 81521
804 & 812 W Cedar Court, Fruita, CO, 81521
$1,270,000
Pending
For Sale
$1,270,000
Pending
MULTI_FAMILY - Other - Fruita, CO
Property Size8,176 SF
Lot Size0.19 Acres
Days on Market279
Property Features for 804 & 812 W Cedar Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 7, Bedroom 5, Bedroom 8, Bathroom 8, Bedroom 1, Bedroom 3, Bedroom 16, Bedroom 9, Bathroom 2, Bedroom 10, Bedroom 11, Bedroom 13, Bedroom 14, Bathroom 4, Bedroom 4, Bathroom 5, Bathroom 6, Bedroom 15, Bedroom 7, Bathroom 3, Bedroom 12
- Parking features
- Assigned
- Patio and Porch features
- Patio, Deck
- Interior features
- CeilingFans, LaminateCounters, WindowTreatments
- Appliances
- Dishwasher, ElectricOven, ElectricRange, Disposal, Refrigerator
- Standard status
- Pending
- APN
- 2697-174-33-001/002
- Size
- 8,176 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6504
Utilities
- Heating system
- Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1995
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Vinyl, Laminate, Simulatedwood, Carpet
- Building materials
- BrickVeneer, VinylSiding, WoodFrame
- Roof type
- Asphalt, Composition
- Architectural style
- Other
Listing agency
RE/MAX 4000, INC
(970) 241-4000
Listed by
The Danny Kuta Team
(970) 250-3844
Added: Oct 17, 2025 Updated: Jul 21 at 11:42PM Checked: Jul 22 at 6:06PM
MLS# 20254955
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 offering includes two separate 4-unit rental buildings, totaling eight units. Each unit is a 2-bedroom, 1-bath layout with approximately 1,022 square feet and in-unit washer/dryer hookups. Tenants are individually metered for gas and electric, while the owner covers water, sewer, and trash.
The seller prefers to sell both buildings together, with the option to consider individual sale with the right offer. Recent updates include wood laminate flooring in six of the eight units, while two units still have older carpet. Water heater replacements have been completed in six of the eight units, and the roof was replaced approximately 11–12 years ago.
All eight units are currently leased, providing an all-unit, income-producing configuration across both buildings.
The seller prefers to sell both buildings together, with the option to consider individual sale with the right offer. Recent updates include wood laminate flooring in six of the eight units, while two units still have older carpet. Water heater replacements have been completed in six of the eight units, and the roof was replaced approximately 11–12 years ago.
All eight units are currently leased, providing an all-unit, income-producing configuration across both buildings.
Key Highlights
- 8‑unit multifamily in Fruita: two separate 4‑unit buildings with no HOA
- All units are 2‑bedroom, 1‑bath with approximately 1,022 sq ft each
- Current leases at $1,100 per month; all eight units are leased
Local 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 | $125.6k | $15.36 |
| − Vacancy | −$9.4k | −$1.15 |
| EGI | $116.2k | $14.21 |
| − OpEx | −$34.8k | −$4.26 |
| NOI | $81.3k | $9.95 |
8,176 SF · lease $15.36/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.36M
NOI $81,315 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$1.07M
$933.4K – $1.24M
NOI $74,669 @ 7.0% cap · market cap 5.88%
Theoretical Best
Healthcare Medical
$15.52M
$13.58M – $18.10M
NOI $1,086,100 @ 7.0% cap · market cap 85.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two separate 4-unit buildings offering eight leased 2-bed, 1-bath units with in-unit washer/dryer hookups.
Where is this quadplex located?
The property is located at 804 & 812 W Cedar Court Fruita, CO.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: 8‑unit multifamily in Fruita: two separate 4‑unit buildings with no HOA; All units are 2‑bedroom, 1‑bath with approximately 1,022 sq ft each; Current leases at $1,100 per month; all eight units are leased
