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Renovated Quadplex on Acreage
For Sale
$535,000

791 1550th Rd Unit 1-4, Delta, CO 81416

Four-unit rental property with a renovated three-bedroom residence and fenced areas serving the downstairs units.

Property Size4,898 SF
Lot Size2.40 Acres
Price / SF$109.23
Days on Market49

Property Features for 791 1550th Rd Unit 1-4

General Information

Standard status Active
Size 4,898 SF
Lot size 2.40 Acres
Property subtype Multi-Family

Additional Details

Cap Rate 8%
Road Access Yes
Multifamily Units 4

Amenities

fenced areas

Building Details

Year Built 1975
Listing Agency: Grand Mesa Real Estate Services
Listed By: Lucinda Stanley · License #5643
Source: Mountainmeadowrealestate
Added: Jul 13 Changed: Aug 29 Last Checked: Aug 29 at 8:11PM

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 Grand Mesa Real Estate Services

Investment Insights

Based on property information with market context.

This 4,898-square-foot quadplex was built in 1975 and occupies 2.4 acres in North Delta. The property includes four residential units, with Unit #2 configured as an upstairs three-bedroom residence that has been completely renovated. The remaining three units are occupied, and each downstairs unit includes a fenced area designated for dogs only.

The property is bordered by agricultural land and includes irrigation water through 2 1/2 shares of the North Delta Ditch Company. A gated pipe system distributes water across the acreage for planting, gardening, landscaping, or other agricultural uses. The asset is offered with an 8% CAP rate and combines existing rental occupancy with substantial land and water infrastructure.

Key Highlights

  • 2.4‑acre North Delta quadplex with 4,898 square feet of improvements
  • Four residential units; three are currently rented
  • Unit #2 is an upstairs three‑bedroom unit that has been completely renovated

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Restaurant Electrical Service Storage Facility Law Firm

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

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 81416, CO

14,304
Population
5,874
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
570.6 sq mi
ZIP Area
25
Density / Sq Mi
$52,174
Median Household Income
$38,324
Median Earnings
$1,043
Median Rent
$282,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit rental property with a renovated three-bedroom residence and fenced areas serving the downstairs units.
Where is this quadplex located?
The property is located at 791 1550th Rd Unit 1-4 Delta, CO.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 2.4‑acre North Delta quadplex with 4,898 square feet of improvements; Four residential units; three are currently rented; Unit #2 is an upstairs three‑bedroom unit that has been completely renovated
More about this property
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