Residential Duplex in Prime Location in Downtown Fruita - Unique Investment Opportunity Rare investment opportunity in a prime location in downtown Fruita, directly across from the recently redesigned Reed Park and just blocks from Fruita's vibrant downtown core. This single-story duplex features two separate 2-bedroom, 1-bathroom rental units. Residents enjoy downtown Fruita walk-ability, with City Market grocery and the downtown bars/restaurants all within 10 minutes/0.5 miles. Unit A (Front) is occupied ($1,650/month, leased through 5/31/26) and received a complete interior renovation in 2024 including all new flooring, paint, appliances, kitchen, bathroom and private fenced patio. Unit B (Rear) is vacant, has over 2,000 sf of yard, and ready for buyer's improvements. This half-occupied duplex represents a rare "house hacking" opportunity for a buyer who intends to live in one unit and is ready to create their own downtown oasis. Long-Term Redevelopment Opportunity - Seller also owns the adjacent duplex (239 South Elm) - both parcels are available. This property also falls into Fruita's most development-favorable zoning (Downtown Mixed Use - Core) presenting an opportunity to combine parcels and redevelop. Buyer to verify all information.
Pending
$415,000
237 S Elm St #A, Fruita, CO 81521
4beds
2baths
1,568sqft
Est.:
Single Family Residence
Built in 1986
6,534 Square Feet Lot
$413,300 Zestimate®
$265/sqft
$-- HOA
What's special
Private fenced patio
- 41 days
- on Zillow |
- 26 |
- 0 |
Likely to sell faster than
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