$369,900

550 W Main St Cedaredge, CO 81413

Estimated payment $1,967/month

Total Views 1,823
3 Beds
1 Bath
1,388 Sq Ft
$266 Price per Sq Ft

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.

Listing Agent

Adam Renfrow

Renfrow Realty Listed on: 01/29/2026

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

Home Details

Home Type

Single Family

Year Built

Built in 1958 | Remodeled in 2023

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Microwave
  • Estimated Total Acres: 0.14
  • Class: RESIDENTIAL
  • Em Deposit: 2.0%
  • Em Holder: Alpine Title
  • Legal Lot Block: 550 W MAIN ST CEDAREDGE 81413 S: 20 T: 13S R: 94W Subdivision: HOGREFE/WILSON CE Block: 2 Lot: 8 TOTAL AC 0.14+- (50'X135') LOT 8 BLK 2 HOGREFE/WILSON SUB. SEC 20 T13S R94W 6PM BK 408 PG 66 (R-321385) BK 461 PG 1850 (R-370706) BK 607 PGS 147 & 148 BK 709 PG 587 BK 769 PG 192 BK 787 PG 158 R-713099 R-713282 R-727509SA
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 319320320011
  • Price Per Sq Ft: 266.5
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Masonite, Vinyl
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R002709
  • Type: Stick Built
  • Additional Living Type: Studio
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: $1,042.56
  • Year Built: 1958
  • Year Renovated: 2023
  • Foreign Owned Y N: No
  • Prop Description Remarks: 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.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Eat-in Kitchen, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Vinyl
  • Estimated Total Sq Ft: 1388
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Chain Link, Partial Property
  • Windows: Metal, Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Guest House
  • Roof: Metal

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Electric Baseboard, Forced Air
  • Sewer Supplier: Town of Cedaredge
  • Water Heater: Electric Water Heater, Gas Water Heater
  • Water Supplier: Town of Cedaredge

Schools

  • High School: Cedaredge 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Cedaredge K-5
  • Middle School: Cedaredge 6-8

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Source: Public Records

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
Source: Colorado Real Estate Network (CREN)

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: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 831309

Colorado Real Estate Network (CREN)

APN: R002709

Your Personal Tour Guide

Ask me questions while you tour the home.