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2-Unit Ranch Duplex
New
For Sale
$385,000

3252 Castaneda Drive, Clifton, CO 81520

Residential, Clifton, CO

Property Size1,888 SF
Lot Size0.23 Acres
Price / SF$203.92
Days on Market2

Property Features for 3252 Castaneda Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RMF
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Patio and Porch features Patio
Interior features CeilingFans, LaminateCounters, WindowTreatments, GrabBarsAroundToilet
Exterior features Shed
Appliances Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, Microwave, Refrigerator, Washer
Subdivision Escalante
Lot features Corner Lot, Xeriscape
Elementary school Taylor
Middle school MT Garfield (Mesa County)
High school Palisade
Directions Take Patterson Road East past 32 Road, turn left on Lois Street, first left then North on Smallwood to Castaneda Drive.
Standard status Active
APN 2943-024-04-001
Size 1,888 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1542

Utilities

Heating system Natural Gas, Forced Air
Cooling system Window Unit(s)
Water source Public

Amenities

spacious backyards

Building Details

Year built 1978
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Building materials Masonite, WoodFrame
Roof type Asphalt, Composition
Architectural style Ranch
Additional Structures Shed(s)
Listing Agency: RE/MAX 4000, INC
Listed By: The Danny Kuta Team
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 17 at 5:06PM
MLS# 20265154

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 ranch-style duplex contains 1,888 square feet across two residences, each with 2 bedrooms, 1 bathroom, and a 1-car garage. The 0.23-acre property also includes backyard space, patios, a shed, and additional parking. New furnaces and a roof were installed in 2025; the water heaters date to 2020. The building was constructed in 1978.

One residence is occupied by its owner, while the other is leased on a month-to-month basis. The property is near a community center, library, shopping, and the Colorado Riverfront Trail.

Key Highlights

  • Two residences, each with 2 bedrooms, 1 bathroom, and 944 square feet
  • 1,888‑square‑foot duplex on a 0.23‑acre lot
  • New roof and furnaces installed in 2025; water heaters replaced in 2020

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,777
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,540 $375.5K
Cap Rate 7%
$268,243 $268.2K
Cap Rate 9%
$208,633 $208.6K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$29.0K $15.36/SF
− Vacancy
−$2.2K −$1.15/SF
EGI
$26.8K $14.21/SF
− OpEx
−$8.0K −$4.26/SF
NOI
$18.8K $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%
$375,540
Cap Rate 7%
$268,243
Cap Rate 9%
$208,633

Alternative Uses

Best Use
Multifamily LT 5
$268.2K
$234.7K – $313.0K (±1% cap)
NOI $18,777 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$246.3K
$215.5K – $287.4K (±1% cap)
NOI $17,243 @ 7.0% cap · market cap 4.48%
Theoretical Best
Healthcare Medical
$3.58M
$3.14M – $4.18M (±1% cap)
NOI $250,802 @ 7.0% cap · market cap 65.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Spa & Massage Center Parking Lot & Garage

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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences have two bedrooms, a one-car garage, and access to a backyard.
Where is this duplex located?
The property is located at 3252 Castaneda Drive Clifton, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 bathroom, and 944 square feet; 1,888‑square‑foot duplex on a 0.23‑acre lot; New roof and furnaces installed in 2025; water heaters replaced in 2020
More about this property
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