Ranch Duplex with
227 2nd Street, Clifton, CO 81520
For Sale
$198,500
Residential, Clifton, CO
Property Size1,700 SF
Lot Size0.14 Acres
Price / SF$116.76
Days on Market92
Property Features for 227 2nd Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Exterior features
Appliances
Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Listing Agency:
BRAY REAL ESTATE
(970) 242-3647
Listed By:
Scott Hayduk
(970) 260-0111
Added: Aug 10
Changed: Oct 31
Last Checked: Nov 9 at 11:06AM
MLS# 20263961
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.
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Investment Insights
Based on property information with market context.
This 1907 ranch-style duplex contains 1,700 square feet on a 0.14-acre parcel in Clifton. The property has wood-frame construction with wood siding, composition and asphalt roofing, and a shed among the exterior features. Interior finishes include concrete, carpet, and vinyl flooring, while natural gas forced-air heating serves the building. The layout includes three bedrooms and two bathrooms, along with a range hood, refrigerator, microwave, disposal, washer, and dryer.
The property is located at 227 2nd Street in downtown Clifton and receives public water service. One side was occupied by the owner, while the one-bedroom side has not been rented in some time. The estate property is offered with the existing improvements and residential duplex configuration.
The property is located at 227 2nd Street in downtown Clifton and receives public water service. One side was occupied by the owner, while the one-bedroom side has not been rented in some time. The estate property is offered with the existing improvements and residential duplex configuration.
Key Highlights
- 1,700‑square‑foot duplex on a 0.14‑acre lot
- Built in 1907 with ranch‑style design and wood‑frame construction
- Three bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,908
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,160
$338.2K
Cap Rate 7%
$241,543
$241.5K
Cap Rate 9%
$187,867
$187.9K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$26.1K $15.36/SF
− Vacancy
−$2.0K −$1.15/SF
EGI
$24.2K $14.21/SF
− OpEx
−$7.2K −$4.26/SF
NOI
$16.9K $9.95/SF
Area
Mesa County, CO
Vacancy
7.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,160
Cap Rate 7%
$241,543
Cap Rate 9%
$187,867
Alternative Uses
Best Use
Multifamily LT 5
$241.5K
$211.4K – $281.8K
NOI $16,908 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$221.8K
$194.1K – $258.8K
NOI $15,526 @ 7.0% cap · market cap 7.82%
Theoretical Best
Specialty Retail
$356.9K
$312.3K – $416.4K
NOI $24,982 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
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Business Placement
Demographics for 81520, CO
14,042
Population
5,411
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
20.5 sq mi
ZIP Area
685
Density / Sq Mi
$50,769
Median Household Income
$34,375
Median Earnings
$1,013
Median Rent
$228,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Mesa County, CO
Properties on Market for Duplexes in Mesa County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom residential property with two bathrooms, public water, and included laundry and kitchen appliances.
Where is this duplex located?
The property is located at 227 2nd Street Clifton, CO.
What is the asking price?
The asking price for this property is $198,500.
What are key features of this property?
This property features: 1,700‑square‑foot duplex on a 0.14‑acre lot; Built in 1907 with ranch‑style design and wood‑frame construction; Three bedrooms and two bathrooms
