550 W Main St Cedaredge, CO 81413
Estimated payment $1,967/month
Highlights
- Accessory Dwelling Unit (ADU)
- Living Room with Fireplace
- Formal Dining Room
- RV or Boat Parking
- Ranch Style House
- 2-minute walk to Cedaredge Town Park
About This Home
Welcome to Delta County’s premier turn-key, investment opportunity. This fully leased, downtown Cedaredge property features two residences. The primary home offers 1,388 square feet with three bedrooms (one non-conforming), one bathroom, and a carport. Remodeled with new flooring, updated kitchen and bathroom, and modern fixtures throughout. The property also features a detached secondary residence or ADU. The 383-square-foot studio was built in 1995 with its own living space, kitchen, and bathroom. Recent improvements include new flooring and a new water heater. Both units are currently leased, providing immediate cash flow with a strong 6%+ cap rate. Also, provides a great house-hack or mother-in-law setup. Ideally located within walking distance to historic Cedaredge City Park and downtown amenities, and easy access to the Grand Mesa - offering year-round recreation including fishing, hiking, snowmobiling, cross-country skiing, and the Powderhorn ski area. A rare opportunity to own a low-maintenance, high-performing investment in one of Delta County’s most iconic communities.
Home Details
Home Type
- Single Family
Year Built
- Built in 1958 | Remodeled in 2023
Lot Details
- 6,098 Sq Ft Lot
- Partially Fenced Property
- Chain Link Fence
Home Design
- Ranch Style House
- Studio
- Metal Roof
- Vinyl Siding
- Siding
- Stick Built Home
Interior Spaces
- 1,388 Sq Ft Home
- Vinyl Clad Windows
- Living Room with Fireplace
- Formal Dining Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Parking
- 1 Carport Space
- RV or Boat Parking
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Cedaredge K-5 Elementary School
- Cedaredge 6-8 Middle School
- Cedaredge 9-12 High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Baseboard Heating
- Gas Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 319320320011
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $742 | $10,882 | $2,002 | $8,880 |
| 2023 | $742 | $10,882 | $2,002 | $8,880 |
| 2022 | $996 | $14,873 | $2,016 | $12,857 |
| 2021 | $1,064 | $16,404 | $2,074 | $14,330 |
| 2020 | $676 | $10,107 | $1,845 | $8,262 |
| 2019 | $337 | $10,107 | $1,845 | $8,262 |
| 2018 | $350 | $10,013 | $1,800 | $8,213 |
| 2017 | $350 | $10,013 | $1,800 | $8,213 |
| 2016 | $692 | $10,743 | $2,189 | $8,554 |
| 2014 | -- | $13,880 | $2,348 | $11,532 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | For Sale | $369,900 | -- | $266 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $116,600 | None Available | |
| Deed | -- | None Available | |
| Deed | $97,000 | -- | |
| Deed | $75,000 | -- | |
| Deed | $42,000 | -- |
Source: Colorado Real Estate Network (CREN)
MLS Number: 831309
APN: R002709
- 590 NW Aspen
- 180 NW 7th St
- 245 NW 3rd St
- 190 & 170 SW 2nd Ave Unit A, B, C
- 285 NW 7th St
- 915 NW Birch Ave
- 320 SW 8th St
- 470 NW Cedar Ave
- 185 & 165 NW 11th St
- 370 S Grand Mesa Dr
- 105 SE Buffalo Ave
- 135 SE Buffalo Ave
- 160 SE Antelope Ave
- 110 SE Eagle Ave
- 470 SW 1st Ct
- 640 3/4 S Grand Mesa Dr
- 1168 NW Cedar Ave
- 165 SE Eagle Ave
- 180 1/2 SW 8th Ave
- 205 SE Frontier Ave
Ask me questions while you tour the home.