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Downtown Duplex with Private Yards
For Sale
$412,500
Pending

285 S Grand Mesa Drive, Cedaredge, CO 81413

Residential, Cedaredge, CO

Property Size3,245 SF
Lot Size0.20 Acres
Days on Market102

Property Features for 285 S Grand Mesa Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description B-1
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3
Parking features Assigned
Patio and Porch features Patio, Deck
Interior features CeilingFans, GardenTubRomanTub, JettedTub
Appliances Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, GasOven, GasRange, Microwave, Refrigerator, Washer
Lot features Landscaped, Xeriscape
Elementary school Cedaredge
Middle school Cedaredge
High school Cedaredge
Directions Downtown Cedaredge on Hwy 65 (S. Grand Mesa Dr) on the east side
Subdivision Surface Creek
Standard status Pending
APN 3193-292-00-050
Size 3,245 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2620

Utilities

Heating system Baseboard
Cooling system Window Unit(s)
Water source Public

Amenities

private parking
fenced private yards

Building Details

Year built 2003
Floors in Building 2
Number of units 2
Flooring type Carpet, Vinyl, Wood, Tile
Building materials Stucco, WoodFrame
Roof type Asphalt, Composition
Architectural style Other
Listing Agency: GRAND MESA REAL ESTATE SERVICES
Listed By: Lucinda Stanley · License #100029019
Added: May 14 Changed: Aug 22 Last Checked: Aug 23 at 8:06AM
MLS# 20262280

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.

Investment Insights

Based on property information with market context.

Built in 2003, this 3,245-square-foot duplex offers two residential units with a practical layout and recent apartment improvements. Interior features include ceiling fans, garden tubs, and a jetted tub, while kitchens include a mix of electric and gas cooking appliances, refrigerators, dishwashers, disposals, microwaves, and laundry equipment. Vinyl, tile, wood, and carpet flooring are installed throughout. Baseboard heating and window-unit cooling serve the property.

The 0.2-acre property is positioned in downtown Cedaredge, adjacent to a pocket park honoring local Veterans and within walking distance of downtown shops, restaurants, and amenities. Assigned parking, fenced private yards, patios, and a deck provide useful outdoor and tenant-oriented features. The property is currently leased as a duplex and includes a potential configuration for a third studio unit with added work, including a stackable washer and dryer for the upstairs unit. The stated CAP rate is 6%.

Key Highlights

  • 3,245‑square‑foot duplex on a 0.2‑acre lot
  • Built in 2003 with recent apartment improvements
  • Currently configured and leased as a duplex

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Hair Salon Big Box & Wholesale Store Grocery & Convenience Store Furniture & Home Goods

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby

Demographics for 81413, CO

5,271
Population
3,047
Households
1.7
Avg Household Size
59
Median Age
34%
College-Educated
93%
High-School Grad
153.5 sq mi
ZIP Area
34
Density / Sq Mi
$56,458
Median Household Income
$39,871
Median Earnings
$1,148
Median Rent
$329,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained, fully leased duplex with assigned parking, fenced yards, and updated apartment interiors.
Where is this duplex located?
The property is located at 285 S Grand Mesa Drive Cedaredge, CO.
What is the asking price?
The asking price for this property is $412,500.
What are key features of this property?
This property features: 3,245‑square‑foot duplex on a 0.2‑acre lot; Built in 2003 with recent apartment improvements; Currently configured and leased as a duplex
More about this property
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