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Two-Unit Duplex on Oversized Lot
For Sale
$625,000

102 & 104 Palmer Avenue, Poncha Springs, CO 81242

Each residence has a two-bedroom, one-bathroom layout, with both units currently occupied.

Property Size1,620 SF
Lot Size0.29 Acres
Days on Market142

Property Features for 102 & 104 Palmer Avenue

General Information

Standard status Active
Size 1,620 SF
Lot size 0.29 Acres
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Average Monthly Rent $1,400

Taxes and HOA fees

Annual Taxes $1,718

Building Details

Building Size 1,620 SF
Year Built 1996
Listing Agency: Century 21 Community First
Listed By: Jeff Post · License #40018515
Source: Firstcolorado
Added: Jun 8 Changed: Oct 26 Last Checked: Oct 27 at 12:11AM

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 Century 21 Community First

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two residences, each offering two bedrooms, one bathroom, and approximately 810 square feet of living space. The property sits on a 0.29-acre parcel and was built in 1996. Both units are occupied, with leases running through July 2026. The owner covers water and sewer; tenants handle their own utilities.

Mountain views are part of the setting. Poncha Springs parks, shops, restaurants, and schools are nearby, and downtown Salida is a short drive away.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Approximately 810 square feet per unit
  • 0.29‑acre parcel

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 81242, CO

1,032
Population
536
Households
1.9
Avg Household Size
46
Median Age
36%
College-Educated
100%
High-School Grad
20.5 sq mi
ZIP Area
50
Density / Sq Mi
$93,889
Median Household Income
$65,172
Median Earnings
$1,569
Median Rent
$479,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a two-bedroom, one-bathroom layout, with both units currently occupied.
Where is this duplex located?
The property is located at 102 & 104 Palmer Avenue Poncha Springs, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Approximately 810 square feet per unit; 0.29‑acre parcel
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