# 102 & 104 Palmer Avenue, Poncha Springs, CO 81242

> **TL;DR:** 4bd/0ba multi-family, $625,000 ($386/sqft), built 1996, 1,620 sqft.
> View. Est. $2,708/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Price/sqft | $386 |
| Bedrooms | 4 |
| Square Feet | 1,620 |
| Year Built | 1996 |
| Lot Size | 12,632 sqft (0.29 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Views** - Mountain, Valley

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Nearby Schools

- **Elementary:** Longfellow
- **Middle:** Salida
- **High:** Salida

## Key Amenities

- View

## Property Highlights

- Built in 1996
- 0.29 acre lot

## Description

### Agent 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.

## Location

- **Address:** 102 & 104 Palmer Avenue, Poncha Springs, CO 81242
- **County:** Chaffee
- **Neighborhood:** N/A
- **Coordinates:** 38.51505347, -106.07803028
- **Google Maps:** https://www.google.com/maps?q=38.51505347,-106.07803028

## Listing Agent

- **Name:** Jeff Post
- **Brokerage:** Century 21 Community First
- **Phone:** 7195396682
- **Email:** post@firstcolorado.com

## Primary Photo

![102 & 104 Palmer Avenue - Primary Photo](http://lh.rdcpix.com/9c64543ad7ac9e7bb247c0399b30c7c8l-f2702564715r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/102-104-palmer-avenue-poncha-springs-co-81242-6576983)*

---

**MLS#:** 6576983 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/102-104-palmer-avenue-poncha-springs-co-81242-6576983)

---

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