Three-Unit Multifamily
770 NW Cedar Avenue, Cedaredge, CO 81413
For Sale
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Three rentals occupy a 1.2-acre parcel, with approximately half the land currently undeveloped.
Property SizeContact for details
Lot Size1.20 Acres
Days on Market51
Property Features for 770 NW Cedar Avenue
General Information
Standard status
Lot size
Property subtype
Financials
Asking Price
Gross Income
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Listing Agency:
United Country Real Estate | Colorado Brokers & Auctioneers
Listed By:
Jake Hubbell
Source:
Crexi
Added: Sep 24
Changed: Nov 3
Last Checked: Nov 12 at 8:04AM
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 United Country Real Estate | Colorado Brokers & Auctioneers
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Investment Insights
Based on property information with market context.
This multifamily property on 1.2 acres contains three rental units: a 1974-built house and two single-wide trailers. The house offers 3 bedrooms, 1.75 baths, and 1,476 square feet, plus front and rear porches and forced-air natural gas heat. The trailers have 2 bedrooms and 1 bedroom, respectively, with one bath in each unit.
All three dwellings connect to Cedaredge’s municipal water system through 3 taps and to town sewer. About half of the parcel remains undeveloped. Adding units would require purchasing additional water taps from the town.
The existing rentals have served both private tenants and the Delta Housing Authority. The property is located on NW 8th Street in Cedaredge, Colorado.
All three dwellings connect to Cedaredge’s municipal water system through 3 taps and to town sewer. About half of the parcel remains undeveloped. Adding units would require purchasing additional water taps from the town.
The existing rentals have served both private tenants and the Delta Housing Authority. The property is located on NW 8th Street in Cedaredge, Colorado.
Key Highlights
- Three residential rental units on 1.2 acres
- 1974 house with 3 bedrooms, 1.75 baths, and 1,476 square feet
- Two single‑wide trailers: one with 2 bedrooms and 1 bath, the other with 1 bedroom and 1 bath
Property Analytics
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Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
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Business Placement
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
$329,300
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Delta County, CO
Properties on Market for Multifamily properties in Delta County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three rentals occupy a 1.2-acre parcel, with approximately half the land currently undeveloped.
Where is this multifamily property located?
The property is located at 770 NW Cedar Avenue Cedaredge, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three residential rental units on 1.2 acres; 1974 house with 3 bedrooms, 1.75 baths, and 1,476 square feet; Two single‑wide trailers: one with 2 bedrooms and 1 bath, the other with 1 bedroom and 1 bath
