This Rangely duplex is full of potential for the right buyer! Unit 1 is a small but functional 1 bed, 1 bath with a tenant already in place—providing steady income from day one. Unit 2 is a 2 bed, 1 bath that has been completely gutted and is not currently livable. It’s a blank slate ready for remodel—ideal for investors, DIYers, or anyone looking to customize a space from the ground up. Located in a quiet part of town with quick access to CNCC, schools, and local businesses. Whether you're looking to grow your rental portfolio or live in one side while fixing up the other, this property is priced with potential in mind.
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Market trends in 81648, CO
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
99.7%
+1.0% MoM
Median sale price
$305K
$72K MoM
Avg. days on market
70d
5 days MoM
Recently sold homes
3
1 MoM
Provided by Redfin
Sale history for 605 & 607 E Rio Blanco Ave
Date
Event
Price
REColorado as Distributed by MLS Grid #6586796
Aug 8, 2025
Sold
$56,369
$51/sq ft
Jul 10, 2025
Pending
—
Jun 26, 2025
Listed
$90,000
$82/sq ft
Public Remarks
This Rangely duplex is full of potential for the right buyer! Unit 1 is a small but functional 1 bed, 1 bath with a tenant already in place-providing steady income from day one. Unit 2 is a 2 bed, 1 bath that has been completely gutted and is not currently livable. It's a blank slate ready for remodel-ideal for investors, DIYers, or anyone looking to customize a space from the ground up. Located in a quiet part of town with quick access to CNCC, schools, and local businesses. Whether you're looking to grow your rental portfolio or live in one side while fixing up the other, this property is priced with potential in mind.