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For sale
    • $625,000

    102 & 104 Palmer Avenue, Poncha Springs, CO 81242

    4beds
    2baths
    1,620sqft
    : 
    $3,687/mo
    Get pre-qualified
    Duplex
    Built in 1996
    -- sqft lot
    $-- Zestimate®
    $386/sqft
    $-- HOA

    What's special

    Mountain views
    Investment opportunity in the heart of Poncha Springs with strong rental history and mountain views. Situated on a spacious 0.29 acre lot, this duplex offers two well maintained 2 bedroom, 1 bathroom units, each providing approximately 810 square feet of living space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility and income potential. Both units are currently occupied and generate $1,400 per month each, with leases in place through July 2026. Current tenants have expressed interest in remaining, creating the opportunity for immediate and continued rental income. Owner currently pays water and sewer while tenants are responsible for their own utilities. The property enjoys beautiful mountain views and sits on an oversized lot offering ample space for parking, outdoor living, gardening, or future improvements. Conveniently located in Poncha Springs just minutes from downtown Salida, residents enjoy easy access to parks, shopping, restaurants, schools, and year round recreation. The combination of location, flexibility, and outdoor lifestyle continues to make this area highly desirable for both renters and homeowners. With stable occupancy, established rental income, and the versatility to serve as either an investment property or owner occupied residence, this is an opportunity worth exploring.
    72 days
    |
    102
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Post 719-539-6682 post@firstcolorado.com,

    Century 21 Community First

    Source: REcolorado as distributed by MLS GRID,MLS#: 6576983MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      • Laundry: Laundry Closet
      Features
      • Eat-in Kitchen, High Ceilings, Vaulted Ceiling(s)
      • Flooring: Carpet, Laminate
      • Has basement: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,620
      • Total interior livable area: 1,620 sqft
      • Finished area above ground: 1,620

      Property

      Parking
      • Total spaces: 4
      • Details: Off Street Spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Private Yard
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s), Valley
      Lot
      • Size: 0.29 Acres
      • Features: Level, Near Ski Area
      Details
      • Parcel number: R380510225157
      • Zoning: T4 - GENERAL URBAN ZONE
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mountain Contemporary
      • Property subtype: Duplex
      • Attached to another structure: Yes
      Materials
      • Frame, Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1996

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: N/A
      HOA
      • Has HOA: No
      Location
      • Region: Poncha Springs

      Financial & listing details

      • Price per square foot: $386/sqft
      • Annual tax amount: $1,718
      • Date on market: 6/8/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,Other
      • Exclusions: Seller & Tenants Personal Property
      • Ownership: Corporation/Trust
      • Lease term: 12 Months
      • Tenant pays: Electricity, Gas, Internet, Trash Collection
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Listed for sale$625,000$386/sqft
        Source: REcolorado as distributed by MLS GRID #6576983 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 81242

        Getting around

        27 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Longfellow
        • Middle: Salida
        • High: Salida
        • District: Salida R-32

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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