791 1550 Road #1-4, Delta, CO 81416
Local realty services provided by:CENTURY 21 West Slope Realty
791 1550 Road #1-4,Delta, CO 81416
$535,000
- - Beds
- 4 Baths
- 4,898 sq. ft.
- Multi-family
- Active
Listed by: lucinda stanley
Office: grand mesa real estate services970-512-3000
MLS#:837164
Source:CO_CREN
Price summary
- Price:$535,000
- Price per sq. ft.:$109.23
About this home
Located in North Delta along a pleasant road bordered by agricultural land, this 2.4-acre multifamily property offers both current income and significant upside potential. The setting provides a peaceful rural feel while maintaining convenient access to the surrounding Delta area, making it well-suited for continued rental use, expansion, or conversion into a private residence with income-producing opportunities. Unit #2, the upstairs three-bedroom unit, has been completely renovated and is now available to rent at $1,500 per month. The remaining three units are currently rented, providing existing income, while future remodels could substantially increase rental rates and overall property value. With ample acreage and flexible use potential, this property presents an appealing opportunity for investors seeking a value-add rental asset or buyers looking for a spacious property with income potential. The three downstairs units each include fenced areas, offering added convenience for tenants with a furry companion, dogs only. Irrigation water is also available through 2 1/2 shares of the North Delta Ditch Company, and the gated pipe system provides water for planting, gardening, landscaping, or other agricultural uses across the property. Priced at an 8% CAP rate and only $109 per square foot, this property represents an attractive investment opportunity with current income, value-add potential, and room for future growth....
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Home facts
- Year built:1975
- Listing ID #:837164
- Added:2 day(s) ago
- Updated:July 18, 2026 at 02:12 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Range/Oven, Refrigerator
- Living area:4,898 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Roof:Metal
- Year built:1975
- Building area:4,898 sq. ft.
- Lot area:2.4 Acres
- Lot Features:Boundaries Surveyed
- Construction Materials:Wood
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Open Enrollment
- Middle school:Open Enrollment
- Elementary school:Open Enrollment
Utilities
- Water:City Water
- Sewer:Septic
Finances and disclosures
- Price:$535,000
- Price per sq. ft.:$109.23
- Tax amount:$2,342
Features and amenities
- Amenities:Unfurnished
Parking
- Parking description:Attached Garage
- Garage spaces:1
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