Turnkey Duplex Income
430 & 432 Whiteriver Avenue Rifle, CO 81650
430 & 432 Whiteriver Avenue, Rifle, CO, 81650
$700,000
For Sale
$700,000
Ranch, Other - Rifle, CO
Property Size2,024 SF
Lot Size0.14 Acres
Price / SF$345.85
Days on Market22
Property Features for 430 & 432 Whiteriver Avenue
General Information
- Property type
- Other
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- 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
- 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
206 Cody Lane, Basalt, CO
Listed by
Hilary Porterfield
Added: Jun 27 Checked: Jul 18 at 12:06 am
MLS# 192383
Listing URL
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.
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
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.1k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $37.9k | $18.71 |
| − OpEx | −$11.4k | −$5.61 |
| NOI | $26.5k | $13.10 |
2,024 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
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
