Turnkey Duplex Income
For Sale
$700,000
430 & 432 Whiteriver Avenue, Rifle, CO 81650
Ranch, Other - Rifle, CO
Property Size2,024 SF
Lot Size0.14 Acres
Price / SF$345.85
Days on Market112
Property Features for 430 & 432 Whiteriver Avenue
General Information
Property type
Other
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking
4
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Subdivision
Murphy
Directions
From I-70 (Exit 90), head north on Colorado State Highway 13; turn right onto Whiteriver Ave; property is on the right. Look for sign.
Standard status
Active
APN
217716106009
Size
2,024 SF
Lot size
0.14 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2013
Roof type
Shake
Architectural style
Ranch
Listing Agency:
Engel & Völkers Roaring Fork
(970) 927-9955
Listed By:
Hilary Porterfield
Added: Jun 27
Changed: Jul 15
Last Checked: Oct 16 at 12:06PM
MLS# 192383
Copyright © 2026 Engel & Völkers. 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 for-sale duplex consists of 430 and 432 Whiteriver Avenue, offered together as a single investment. The property features two separate residential units, each with 2 bedrooms and 2 bathrooms, along with ample storage throughout. The seller describes both residences as clean, well-kept, and move-in ready, with functional layouts designed for everyday living.
The duplex is located in Rifle, Colorado, with convenient access to local restaurants, shops, and amenities, and quick connectivity to Interstate 70. The seller is offering a $10,000 credit toward replacement of select window glass panes with condensation between panes, giving the buyer flexibility to update as desired.
With a total of 4 bedrooms and 4 bathrooms across the two units, the property provides straightforward configuration for either owner occupancy with rental income or an investment purchase. Buyers should review the documents for additional information.
The duplex is located in Rifle, Colorado, with convenient access to local restaurants, shops, and amenities, and quick connectivity to Interstate 70. The seller is offering a $10,000 credit toward replacement of select window glass panes with condensation between panes, giving the buyer flexibility to update as desired.
With a total of 4 bedrooms and 4 bathrooms across the two units, the property provides straightforward configuration for either owner occupancy with rental income or an investment purchase. Buyers should review the documents for additional information.
Key Highlights
- Duplex built in 2013 with ranch architectural style
- 430 & 432 Whiteriver Ave offered together as a 2‑unit property
- Total of 4 bedrooms and 4 bathrooms; each unit has 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,510
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,200
$530.2K
Cap Rate 7%
$378,714
$378.7K
Cap Rate 9%
$294,556
$294.6K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$40.1K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$37.9K $18.71/SF
− OpEx
−$11.4K −$5.61/SF
NOI
$26.5K $13.10/SF
Area
Garfield County, CO
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,200
Cap Rate 7%
$378,714
Cap Rate 9%
$294,556
Alternative Uses
Best Use
Multifamily LT 5
$378.7K
$331.4K – $441.8K
NOI $26,510 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$353.6K
$309.4K – $412.5K
NOI $24,749 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K
NOI $37,104 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 81650, CO
14,336
Population
5,088
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
1,022.7 sq mi
ZIP Area
14
Density / Sq Mi
$81,506
Median Household Income
$41,982
Median Earnings
$1,236
Median Rent
$397,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex offered together with two 2-bedroom, 2-bath units and a seller credit for window glass replacement.
Where is this duplex located?
The property is located at 430 & 432 Whiteriver Avenue Rifle, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Duplex built in 2013 with ranch architectural style; 430 & 432 Whiteriver Ave offered together as a 2‑unit property; Total of 4 bedrooms and 4 bathrooms; each unit has 2 bedrooms and 2 bathrooms
