Building Details

Building Size 1,620 SF

Year Built 1996

Listing Agency: Century 21 Community First

Listed By: Jeff Post · License #40018515 Show Phone

Source: Firstcolorado

Added: Jun 8 Changed: Oct 16 Last Checked: Oct 16 at 2:03PM

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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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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Furniture & Home Goods Home Appliance Store Kitchen & Bath Showroom Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

152

Businesses Nearby

Explore this area Business Placement

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

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