- Overview
- Description
- Property Details
- Location
- Facts & Features
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Street View
$625,000
Monthly Est:$3,111
4 Beds
2 Baths
1,620sqft
102 & 104 Palmer Ave, Poncha Springs, CO 81242
$625,000
$3,111/moEst:
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Duplex
Built in 1996
$-- HOA
0.29 acre lot
$386/sq.ft
Description
Investment opportunity in the heart of Poncha Springs with strong rental history and mountain views. Situated on a spacious 0.29 acre lot, this duplex offers two well maintained 2 bedroom, 1 bathroom units, each providing approximately 810 square feet of living space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility and income potential.
Both units are currently occupied and generate $1,400 per month each, with leases in place through July 2026. Current tenants have expressed interest in remaining, creating the opportunity for immediate and continued rental income. Owner currently pays water and sewer while tenants are responsible for their own utilities.
The property enjoys beautiful mountain views and sits on an oversized lot offering ample space for parking, outdoor living, gardening, or future improvements. Conveniently located in Poncha Springs just minutes from downtown Salida, residents enjoy easy access to parks, shopping, restaurants, schools, and year round recreation. The combination of location, flexibility, and outdoor lifestyle continues to make this area highly desirable for both renters and homeowners.
With stable occupancy, established rental income, and the versatility to serve as either an investment property or owner occupied residence, this is an opportunity worth exploring.
- Houzeo last checked: 1 minute ago
- Listing updated: June 10, 2026 at 9:02 pm
- Listing Provided by: Jeff Post (719) 539-6682 | Century 21 Community First (719) 539-6682
- Source: DENVER (RE COLORADO) MLS-CO | MLS#: 6576983
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1996
HOA Fees
-
Finished Area
1,620 sqft
Lot Size
0.29 acre lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
6576983
MLS Status
Active
Days on Market
131
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Exterior Features
Private Yard
Sewer
Public Sewer
Interior Features
Eat In Kitchen, High Ceilings, Vaulted Ceiling(s)
Heating
Forced Air
Flooring
Carpet, Laminate
Cooling
None
Appliances
Dishwasher, Range, Refrigerator
Construction
Year Built
Year Built: 1996
Home type
Duplex
Architectural Style
Mountain Contemporary
Roof
Composition
Construction Materials
Frame, Wood Siding
Utilities & Energy
Water Source
Public
Parking Features
Unpaved, Gravel
Laundry Features
Laundry Closet
Utilities
Electricity Connected, Natural Gas Connected
Other Features
Lot Features
Level, Near Ski Area
Patio And Porch Features
Patio
Tenant Pays
Electricity, Gas, Internet, Trash Collection
Subdivision Name
N/a
Price History
| Date | Event | Price |
|---|---|---|
06/08/2026 Source: #REC6576983 | Listed for Sale | $625,000 +28.87% $386/sqft |
06/30/2022 Source: | Price Increased | $485,000 +7.78% $299/sqft |
08/26/2021 Source: | Sold | $450,000 $278/sqft |
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