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550 W Main St Cedaredge, CO 81413

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For Sale
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Fully leased duplex in downtown Cedaredge with immediate cash flow.

Type:Multifamily
Property size:
1,772 SF
Added:
Feb 5, 2026
Days on Market:
58
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 550 W Main St

General Information

Standard status
Active
Size
1,772 SF
Property subtype
Multifamily

Building Details

Year Built
1958

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Listing Contact
Adam Renfrow

Listing agent Adam Renfrow License #CO 100079265

Listing office Renfrow Realty

Listing date Feb 5, 2026

Source Crexi

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 Renfrow Realty


Overview

Turn-Key Investment Property in Cedaredge

This turn-key investment property is located in downtown Cedaredge. The property features two residences, both of which are currently leased. The primary home offers approximately 1,388 square feet with three bedrooms, including one non-conforming bedroom, and one bathroom, as well as a carport. It has been remodeled with new flooring, a completely updated kitchen and bathroom, and modern fixtures. The property also features a detached secondary residence, an ADU, which was built in 1995. The studio is approximately 384 square feet and includes its own living space, kitchen, and bathroom. Recent improvements to the studio include new flooring and a new water heater. The property's location provides walking distance to historic Cedaredge City Park and downtown amenities, with easy access to the Grand Mesa for year-round recreation, including fishing, hiking, snowmobiling, cross-country skiing, and the Powderhorn ski area. This property offers immediate cash flow with a cap rate of 6% or higher.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cedaredge
County
Delta
State
Colorado
Longitude
-107.9295136
Latitude
38.9010398

FAQs

What type of property is this?
Duplex - Fully leased duplex in downtown Cedaredge with immediate cash flow.
Where is this duplex located?
The property is located at 550 W Main St Cedaredge, CO.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Turn‑key investment property with immediate cash flow and a strong 6%+ cap rate.; Fully leased primary residence and detached ADU (studio apartment).; Remodeled primary residence with updated kitchen, bathroom, and modern fixtures.
More about this property
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