Renovated Quadplex With
For Sale
$535,000
Pending
1-4-791 1550 Rd, Delta, CO 81416
Four-unit rental property with irrigation access and fenced areas serving the downstairs residences.
Property Size6,498 SF
Lot Size2.40 Acres
Days on Market36
Property Features for 1-4-791 1550 Rd
General Information
Standard status
Pending
Size
6,498 SF
Lot size
2.40 Acres
Property subtype
Residential Income
Occupancy
75%
Units
Unit Mix
1 x 3BR
Multifamily Units
4
Additional Details
Cap Rate
8%
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,342
Amenities
fenced areas
Listing Agency:
Grand Mesa Real Estate Services
(970) 201-2152
Listed By:
Lucinda Stanley · License #100029019
(970) 201-2152
Source:
Exprealty
Added: Jul 15
Changed: Aug 15
Last Checked: Aug 18 at 1:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Mesa Real Estate Services
Investment Insights
Based on property information with market context.
This four-unit multifamily property occupies 2.4 acres in North Delta and contains 6,498 square feet. The upstairs three-bedroom Unit #2 has been completely renovated and is available for rent, while the three downstairs units are currently rented. Each downstairs residence includes a fenced area, with dogs permitted.
The property is set along a road bordered by agricultural land and includes irrigation water through 2 1/2 shares of the North Delta Ditch Company. A gated pipe system distributes water for planting, gardening, landscaping, and other agricultural uses across the acreage. The property is offered at an 8% CAP rate and provides an established four-unit configuration with additional land and a rural Delta-area setting.
The property is set along a road bordered by agricultural land and includes irrigation water through 2 1/2 shares of the North Delta Ditch Company. A gated pipe system distributes water for planting, gardening, landscaping, and other agricultural uses across the acreage. The property is offered at an 8% CAP rate and provides an established four-unit configuration with additional land and a rural Delta-area setting.
Key Highlights
- Four‑unit multifamily property on 2.4 acres in North Delta
- 6,498‑square‑foot property with three downstairs units and one upstairs three‑bedroom unit
- Completely renovated Unit #2 is available for rent
Property Analytics
Current Use
Lease Details
4
Residential units
75%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 81416, CO
14,304
Population
5,874
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
570.6 sq mi
ZIP Area
25
Density / Sq Mi
$52,174
Median Household Income
$38,324
Median Earnings
$1,043
Median Rent
$282,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit rental property with irrigation access and fenced areas serving the downstairs residences.
Where is this quadplex located?
The property is located at 1-4-791 1550 Rd Delta, CO.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Four‑unit multifamily property on 2.4 acres in North Delta; 6,498‑square‑foot property with three downstairs units and one upstairs three‑bedroom unit; Completely renovated Unit #2 is available for rent
