Two-Unit Duplex with Private
239 S Elm Street Unit A and B, Fruita, CO 81521
For Sale
$445,000
Each residence has two bedrooms, one bathroom, recent upgrades, and a separate fenced patio.
Property Size1,745 SF
Price / SF$255.01
Days on Market176
Property Features for 239 S Elm Street Unit A and B
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
9TH PATH REALTY - BROKERAGE
Listed By:
JASON FISH
(970) 248-8399
Source:
Thevangundygroup
Added: May 18
Changed: Nov 2
Last Checked: Nov 8 at 10:33AM
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 9TH PATH REALTY - BROKERAGE
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Investment Insights
Based on property information with market context.
Built in 1986, this single-story duplex contains 1,745 square feet across two separate two-bedroom, one-bathroom residences. Both units have had recent upgrades and include private, fenced patio areas. Each residence is occupied, with tenancy extending through September 2027 in Unit A and August 2027 in Unit B; tenants pay utilities separately.
The property is across from Reed Park in downtown Fruita, with the downtown core and City Market grocery store within 0.5 miles. Zoning is Downtown Mixed Use - Core, and the property is identified as having potential for parcel combination and redevelopment.
The property is across from Reed Park in downtown Fruita, with the downtown core and City Market grocery store within 0.5 miles. Zoning is Downtown Mixed Use - Core, and the property is identified as having potential for parcel combination and redevelopment.
Key Highlights
- Two separate residences, each with 2 bedrooms and 1 bathroom
- 1,745 square feet in a single‑story duplex built in 1986
- Private fenced patio and recent upgrades at each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,355
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,100
$347.1K
Cap Rate 7%
$247,929
$247.9K
Cap Rate 9%
$192,833
$192.8K
Market Conditions
NOI Build-Up for 1,745 SF
Gross rent
$26.8K $15.36/SF
− Vacancy
−$2.0K −$1.15/SF
EGI
$24.8K $14.21/SF
− OpEx
−$7.4K −$4.26/SF
NOI
$17.4K $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%
$347,100
Cap Rate 7%
$247,929
Cap Rate 9%
$192,833
Alternative Uses
Best Use
Multifamily LT 5
$247.9K
$216.9K – $289.3K
NOI $17,355 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$227.7K
$199.2K – $265.6K
NOI $15,937 @ 7.0% cap · market cap 3.58%
Theoretical Best
Specialty Retail
$366.3K
$320.6K – $427.4K
NOI $25,644 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 81521, CO
16,446
Population
6,531
Households
2.5
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
181.6 sq mi
ZIP Area
91
Density / Sq Mi
$82,632
Median Household Income
$41,801
Median Earnings
$1,249
Median Rent
$385,300
Median Home Value
Market
Average Price Trend$/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 - Each residence has two bedrooms, one bathroom, recent upgrades, and a separate fenced patio.
Where is this duplex located?
The property is located at 239 S Elm Street Unit A and B Fruita, CO.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two separate residences, each with 2 bedrooms and 1 bathroom; 1,745 square feet in a single‑story duplex built in 1986; Private fenced patio and recent upgrades at each unit
