Two Quadplex Rental
804 & 812 W Cedar Court Fruita, CO 81521
For Sale
$1,270,000
Pending
MULTI_FAMILY - Other - Fruita, CO
Property Size8,176 SF
Lot Size0.19 Acres
Days on Market284
Property Features for 804 & 812 W Cedar Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
8
Rooms
Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 9, Bathroom 6, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 14, Bedroom 2, Bathroom 4, Bathroom 7, Bedroom 11, Bedroom 16, Bedroom 7, Bedroom 10, Bathroom 5, Bedroom 13, Bedroom 1, Bedroom 15, Bathroom 8, Bedroom 4, Bedroom 12
Parking features
Assigned
Patio and Porch features
Patio, Deck
Interior features
CeilingFans, LaminateCounters, WindowTreatments
Appliances
Dishwasher, ElectricOven, ElectricRange, Disposal, Refrigerator
Standard status
Pending
APN
2697-174-33-001/002
Size
8,176 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6504
Utilities
Heating system
Baseboard, Natural Gas
Water source
Public
Building Details
Year built
1995
Floors in Building
2
Number of units
8
Flooring type
Carpet, Laminate, Vinyl, Simulatedwood
Building materials
BrickVeneer, VinylSiding, WoodFrame
Roof type
Composition, Asphalt
Architectural style
Other
Listing Agency:
RE/MAX 4000, INC
(970) 241-4000
Listed By:
The Danny Kuta Team
(970) 250-3844
Added: Oct 17, 2025
Changed: Jul 26
Last Checked: Jul 27 at 11:06AM
MLS# 20254955
Copyright © 2026 Grand Junction Area Association of Realtors. 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 offering includes two separate 4-unit rental buildings, totaling eight units. Each unit is a 2-bedroom, 1-bath layout with approximately 1,022 square feet and in-unit washer/dryer hookups. Tenants are individually metered for gas and electric, while the owner covers water, sewer, and trash.
The seller prefers to sell both buildings together, with the option to consider individual sale with the right offer. Recent updates include wood laminate flooring in six of the eight units, while two units still have older carpet. Water heater replacements have been completed in six of the eight units, and the roof was replaced approximately 11–12 years ago.
All eight units are currently leased, providing an all-unit, income-producing configuration across both buildings.
The seller prefers to sell both buildings together, with the option to consider individual sale with the right offer. Recent updates include wood laminate flooring in six of the eight units, while two units still have older carpet. Water heater replacements have been completed in six of the eight units, and the roof was replaced approximately 11–12 years ago.
All eight units are currently leased, providing an all-unit, income-producing configuration across both buildings.
Key Highlights
- 8‑unit multifamily in Fruita: two separate 4‑unit buildings with no HOA
- All units are 2‑bedroom, 1‑bath with approximately 1,022 sq ft each
- Current leases at $1,100 per month; all eight units are leased
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 | $125.6k | $15.36 |
| − Vacancy | −$9.4k | −$1.15 |
| EGI | $116.2k | $14.21 |
| − OpEx | −$34.8k | −$4.26 |
| NOI | $81.3k | $9.95 |
8,176 SF · lease $15.36/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.36M
NOI $81,315 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$1.07M
$933.4K – $1.24M
NOI $74,669 @ 7.0% cap · market cap 5.88%
Theoretical Best
Healthcare Medical
$15.52M
$13.58M – $18.10M
NOI $1,086,100 @ 7.0% cap · market cap 85.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Two separate 4-unit buildings offering eight leased 2-bed, 1-bath units with in-unit washer/dryer hookups.
Where is this quadplex located?
The property is located at 804 & 812 W Cedar Court Fruita, CO.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: 8‑unit multifamily in Fruita: two separate 4‑unit buildings with no HOA; All units are 2‑bedroom, 1‑bath with approximately 1,022 sq ft each; Current leases at $1,100 per month; all eight units are leased
