Active

$425,000

770 NW Cedar Avenue, Cedaredge, CO 81413

3beds

1,476sqft

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Stick Built

Built in 1973

1.2 Acres Lot

$411,800 Zestimate^®

$288/sqft

$-- HOA

What's special

Cedaredge Investment Property – Home + 2 Rentals on 1.2 Acres | ~10% CAP Income-producing residential investment in the heart of Cedaredge, CO. This 1.2-acre offering includes three separate rental units—a 1974 stick-built home (3 bed/1.75 bath, 1,476 sq ft) plus two single-wide trailers (2 bed/1 bath and 1 bed/1 bath)—generating $3,457/month ($41,484/year) in gross rents at an approximate 10% gross CAP rate. All units are on town of Cedaredge water (3 taps) and town sewer. Proven, steady rental history from both private-market tenants and the Delta Housing Authority. Best of all, roughly half the property is undeveloped, offering room to add more trailers or another home (with additional water taps from the town) for significant revenue upside. A rare turnkey cash-flow property with built-in expansion potential in a growing Western Slope community. Offered at $425,000.

4 days

187

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Cooling

Evaporative Cooling

Features

Flooring: Carpet-Partial, Laminate

Interior area

Total structure area: 1,476
Total interior livable area: 1,476 sqft
Finished area above ground: 1,476

Property

Features

Levels: One and One Half
Stories: 1

Lot

Size: 1.2 Acres

Details

Additional structures: Shed(s)
Parcel number: 319320300031

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Stick Built

Materials

Pre-fabricated, Wood Frame
Roof: Metal

Condition

New construction: No
Year built: 1973

Utilities & green energy

Water: City Water
Utilities for property: Electricity Connected, Internet, Natural Gas Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Cedaredge

Financial & listing details

Price per square foot: $288/sqft
Tax assessed value: $322,963
Annual tax amount: $1,394
Date on market: 7/13/2026
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$411,800

$391,000 - $432,000

$1,441/mo

Price history

Date	Event	Price
7/13/2026	Listed for sale	$425,000+70%$288/sqft
Source: CREN #837064 Report a problem
9/15/2023	Sold	$250,000+31.6%$169/sqft
Source: Public Record Report a problem
6/21/2006	Sold	$190,000$129/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$364 +4.1%	$20,185 +277.5%
2024	$350 -23.7%	$5,347 -34%
2023	$459 +0.4%	$8,105 +18.4%
2022	$457	$6,846 -2.8%
2021	--	$7,043 -5.2%
2020	$993 +175.7%	$7,430 -0.7%
2019	$360	$7,482 +45.4%
2018	$360 +0%	$5,146
2017	$360 -15.8%	$5,146 -22.5%
2016	$428	$6,641 -12.9%
2014	--	$7,628
2013	--	$7,628 -11.1%
2012	--	$8,584
2011	--	$8,584 +7.4%
2010	--	$7,992

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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