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Occupied Duplex with Mountain Views
For Sale
$625,000

102 & 104 Palmer Avenue, Poncha Springs, CO 81242

Residential Income, Poncha Springs, CO

Property Size1,620 SF
Lot Size0.29 Acres
Price / SF$385.80
Days on Market143

Property Features for 102 & 104 Palmer Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning T4 - GENERAL URBAN ZONE
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4
Parking 4
Patio and Porch features Patio
Interior features Eat-in Kitchen, High Ceilings, Vaulted Ceiling(s)
Exterior features Private Yard
Appliances Dishwasher, Range, Refrigerator
Lot features Level, Near Ski Area
View Valley
Elementary school Longfellow
Middle school Salida
High school Salida
Elementary school district Salida R-32
Middle school district Salida R-32
High school district Salida R-32
Standard status Active
Size 1,620 SF
Lot size 0.29 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1996
Floors in Building 1
Flooring type Laminate, Carpet
Building materials Frame, Wood Siding
Roof type Composition
Architectural style Contemporary
Listing Agency: Century 21 Community First
Listed By: Jeff Post
Added: Jun 8 Changed: Oct 27 Last Checked: Oct 28 at 6:06AM
MLS# 6576983

Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1996, this contemporary duplex at 102 & 104 Palmer Avenue contains two well-maintained units, each with two bedrooms, one bathroom, and approximately 810 square feet. Combined property size is 1,620 square feet on a 0.29-acre lot. Interior features include eat-in kitchens, high and vaulted ceilings, carpet and laminate flooring, forced-air heating, and standard kitchen appliances. Each unit also includes patio access, while the property offers a private yard and mountain views.

Both units are occupied, with leases extending through July 2026. The owner pays water and sewer; tenants handle their own utilities. Public water and sewer serve the property, which is zoned T4 - GENERAL URBAN ZONE. The duplex is located in Poncha Springs, minutes from downtown Salida and near parks, shopping, restaurants, schools, and year-round recreation.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom per unit
  • Approximately 810 square feet per unit; 1,620 square feet combined
  • 0.29‑acre lot with private yard, patio access, parking area, and mountain views

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

173
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two-bedroom units, public utilities, and private outdoor space support flexible residential income use.
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‑unit duplex with two bedrooms and one bathroom per unit; Approximately 810 square feet per unit; 1,620 square feet combined; 0.29‑acre lot with private yard, patio access, parking area, and mountain views
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