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550 W Main Street, Cedaredge, CO 81413

Cedaredge
Local realty services provided by:CENTURY 21 CapRock Real Estate
550 W Main Street,Cedaredge, CO 81413
$347,400
  • 3 Beds
  • 1 Baths
  • 1,388 sq. ft.
  • Single family
  • Active
Listed by: adam renfrow
Office: renfrow realty
MLS#:831309
Source:CO_CREN

Price summary

  • Price:$347,400
  • Price per sq. ft.:$250.29

About this home

Welcome to a turn-key income property in the heart of downtown Cedaredge, offering immediate cash flow and flexible living options. This fully leased property includes two residences, ideal for investors or owner-occupants seeking rental income. The primary home features 1,388 square feet with three bedrooms (one non-conforming), one bathroom, and a carport with attached storage. Recent updates include new flooring, an updated kitchen and bathroom, and modern fixtures throughout. A detached 384-square-foot studio ADU, built in 1995, includes its own kitchen, bathroom, and living space. Recent improvements include new flooring and a new water heater. Both units are currently leased, producing immediate income with a strong 6.50%+ cap rate. For owner-occupants, the layout offers an ideal house-hack or multi-generational living setup—live in one unit while offsetting your mortgage with rental income. Located within walking distance to Cedaredge City Park and downtown amenities, with easy...

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Home facts

  • Year built:1958
  • Listing ID #:831309
  • Added:124 day(s) ago
  • Updated:June 03, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Flooring:Carpet-Partial, Tile, Vinyl
  • Dining Description:Eat-In Kitchen, Separate Dining
  • Kitchen Description:Microwave, Range/Oven, Refrigerator
  • Basement Description:Crawl Space
  • Living area:1,388 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric Baseboard, Forced Air

Structure and exterior

  • Roof:Metal
  • Year built:1958
  • Building area:1,388 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Ranch
  • Construction Materials:Masonite, Vinyl
  • Foundation Description:Crawl Space
  • Levels:1 Story

Schools

  • High school:Cedaredge 9-12
  • Middle school:Cedaredge 6-8
  • Elementary school:Cedaredge K-5

Utilities

  • Water:City Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$347,400
  • Price per sq. ft.:$250.29

Features and amenities

  • Amenities:Electric Water Heater, Electricity, Gas Water Heater, Metal Windows, Natural Gas, Phone - Cell Reception, Unfurnished, Vinyl Windows

Parking

  • Carport spaces:1
MLS LogoSOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. 2026 by COLORADO REAL ESTATE NETWORK” 16 S CASCADE MONTROSE, CO 81401 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN). PUBLISHERS NOTE: All information is deemed reliable by is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex,, handicap, familial status, or national origin. Please check with your local government agency for more information. CO_CREN Member Broker: Rachel Justamn

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