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Downtown Grand Junction Multifamily Homes & Duplexes for Sale

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  • /42

    $569,000

    • 6 Beds
    • 4 Baths
    • 3,275 Sq Ft

    1206 Main St, Grand Junction, CO 81501

    Tons of possibilities with this exceptional multi-unit property in the heart of Grand Junction’s historical district! Featuring a charming 4-bedroom main residence, a fully finished basement studio with private entrance, and a detached 2-bedroom, 1 -bath accessory dwelling unit (ADU), this property offers outstanding flexibility for owner-occupants or investors. Live in the spacious main home and

    KEITH EVERITT EXP REALTY, LLC

    1206 Main St, Grand Junction, CO 81501
  • /25

    $475,000

    • 5 Beds
    • 3 Baths
    • 2,052 Sq Ft

    1059 Rood Ave, Grand Junction, CO 81501

    Investment alert! Welcome to this great opportunity in the heart of Grand Junction’s vibrant downtown. This delightful turn-of-the-century classic on Rood Avenue has been smartly converted into three separate units, each brimming with personality and profit potential. Whether you're an investor seeking a steady income stream or a visionary ready to take advantage of GJ’s booming rental market -

    JOHN EMMETT WILLIAMS THE CHRISTI REECE GROUP

    1059 Rood Ave, Grand Junction, CO 81501
  • /10

    $2,650,000

    • 24 Beds
    • 23 Baths
    • 8,824 Sq Ft

    1940 North Ave, Grand Junction, CO 81501

    Excellent income opportunity with this 23-unit property just 7 blocks from Colorado Mesa University and directly across from the VA Hospital. The unit mix includes 21 studio-style rooms—20 without kitchens and 1 with a full kitchen—plus one 2-bedroom, 1-bath apartment and one 1-bedroom, 1-bath apartment. Current Rent Roll is $21,470.00, projected to perform at a 6.5 CAP for 2025 now that upgrades

    Rachel Justman CENTURY 21 CAPROCK REAL ESTATE

    1940 North Ave, Grand Junction, CO 81501
  • /20

    $919,000

    • 8 Beds
    • 3 Baths
    • 3,132 Sq Ft

    915 Grand Ave, Grand Junction, CO 81501

    Own one of Grand Junction's historic homes! Located in the beloved and highly walkable downtown area, this home offers historic charm without the price tag or fuss of the official historic district. Outside, water-wise xeriscaping makes yard maintenance a breeze. Inside, original woodwork and soaring ceilings are blended with thoughtful modern updates, including air conditioning for our hot

    TAMMY BENDETTI COLDWELL BANKER DISTINCTIVE PROPERTIES

    915 Grand Ave, Grand Junction, CO 81501
  • /41

    $525,000

    • 6 Beds
    • 3 Baths
    • 2,864 Sq Ft

    2336 Elm Ave, Grand Junction, CO 81501

    Turnkey Duplex Near CMU-Fully rented & updated! Investor special just steps from Colorado Mesa University! This well-maintained duplex features 2 units: Unit 1: 4 bed / 2 bath @ $2,000/mo. Unit 2: 2 bed (1 non-conforming) / 1 bath @ $1,000/mo. Both tenants are M-T-M, tenants pay all utilities except W-S-T. No pets or smoking - ever. Major updates in last 5 years include new sewer line, roof &

    Jan Kimbrough Miller RE/MAX 4000, INC

    2336 Elm Ave, Grand Junction, CO 81501
  • /19

    $400,000

    • 3 Beds
    • 3 Baths
    • 1,588 Sq Ft

    338 Ouray Ave Unit A & B, Grand Junction, CO 81501

    Rare opportunity to own a duplex in downtown Grand Junction! Perfect for an investor or house hacker with a 3 bedroom, 2 bath (Unit A) and a studio (Unit B). The studio unit is vacant and the Unit A lease is up in November with room to increase rent to market rate. Both units have a private fenced in yard, covered patios, and separate meters for Xcel Energy. Unit A has recently updated luxury

    Carrie Leigh Rejuvenation Homes Inc

    338 Ouray Ave Unit A & B, Grand Junction, CO 81501
  • /42

    $6,989,000

    • 52 Beds
    • 46 Baths
    • 25,008 Sq Ft

    1292 N 13th St, Grand Junction, CO 81501

    Turnkey Rental Portfolio for sale. All new construction. 16 homes - 14 townhomes, 2 single family homes. 11 townhomes in Meridian Park, 2 single family homes in Shadow Mesa, 3 townhomes at Row Homes at Bunting (1 block from college). Cap Rate Avg with current rents and current value = 5.74%. All units currently rented!! Benefits include cost segregation, tax benefits, appreciation, cash flow,

    Wendi Gechter BOA SALES GROUP

    1292 N 13th St, Grand Junction, CO 81501
  • /42

    $749,000

    • 4 Beds
    • 4 Baths
    • 1,978 Sq Ft

    236 Gunnison Ave, Grand Junction, CO 81501

    Triplex in the heart of downtown Grand Junction. Walk, bike or drive to everything GJ has to offer. Only 1.2 miles from CMU. Owner is a professionally licensed architect and remodel / updating utilized top of the line materials and has all been permitted. Unit 1 is the upper unit, 2 bedrooms and 2 bathrooms. Unit 2 is the lower level with a separate entrance, 1 bedroom and 1 bathroom. Unit 3 is

    BRENDA BOUNDS HOMETOWN REALTY OF GRAND JUNCTION

    236 Gunnison Ave, Grand Junction, CO 81501
  • /26

    $479,000

    • 5 Beds
    • 5 Baths
    • 3,227 Sq Ft

    1306 N 23rd St, Grand Junction, CO 81501

    Attention Investors! Opportunity knocks. Tri-Plex. Discover the realistic potential for excellent cap rate, cash flow, and return of investment. Great location only a block north of the VA hospital and less than a mile to CMU. Two story 3 bedroom home with an attached 1 bedroom unit plus a detached 1 bedroom unit. Upper primary bedroom features an attached room for an office, nursery, or

    LINDA SCHULTE GUIDO SCHULTE REAL ESTATE

    1306 N 23rd St, Grand Junction, CO 81501
  • /4

    $899,900

    • 8 Beds
    • 4 Baths
    • 3,080 Sq Ft

    424 N 22nd St, Grand Junction, CO 81501

    4 Plex in the City. Two units Up and two Units on ground level. All units are 2 bedrooms with one bath. Upper units have a deck access over looking off street parking area. Lower level units have patios. Fully rented, low vacancy, many updates including LVP flooring in living areas of two units, carpet less than two years old, newer light fixtures, paint. Shared laundry area on each floor.

    Darlene Hallmark COLDWELL BANKER DISTINCTIVE PROPERTIES

    424 N 22nd St, Grand Junction, CO 81501
  • /14

    $1,485,000

    • 12 Beds
    • 12 Baths
    • 5,424 Sq Ft

    1534 Poplar Dr, Grand Junction, CO 81505

    This bulk offering includes four modern townhome units located at 1522, 1534, 1546, and 1558 Poplar Drive—an excellent opportunity to acquire a stabilized, income-producing asset in a strong rental market. Built in 2017, each unit offers a spacious and contemporary floor plan featuring an open-concept kitchen, living, and dining area with a convenient half-bath on the main level. The top floor

    Brian Bray BRAY/COMMERCIAL

    1534 Poplar Dr, Grand Junction, CO 81505
  • /2

    $206,800

    • 3 Beds
    • 3 Baths
    • 896 Sq Ft

    536 1/2 Normandy Way, Grand Junction, CO 81501

    Jim Brunswick RE/MAX 4000, INC

    536 1/2 Normandy Way, Grand Junction, CO 81501

Why Live in Downtown Grand Junction

Downtown Grand Junction features a blend of red brick brownstones and beige Italianate-style buildings set against a backdrop of mountains and high desert landscapes. The Colorado River runs through the area, contributing to the green township feel. Outdoor enthusiasts will find plenty of things to do, from mountain biking on world-famous trails like Lunch Loop and Rattlesnake Arches to hiking the red-dirt trails of the Colorado National Monument. Lincoln Park offers a community pool with waterslides, a nine-hole golf course, and Sam Suplizio Field, home to the Junior College World Series. Canyon View Park includes a large playground, a dog park, and various sports fields. Las Colonias Park provides access to rafting on the Colorado River and paddleboarding on calmer waters. Downtown’s Main Street Plaza is lined with over 40 restaurants and breweries, including popular spots like the Dream Café and Rockslide Brew Pub. The Mesa Theater hosts live performances, while the Mesa Mall and Horizon Drive offer extensive shopping options. Housing styles range from early 1900s bungalows and Victorian homes in the 7th Street historic district to Tudor cottages and ranch-style homes on Chipeta Avenue. The Mesa County School District No. 51 serves the area, with schools receiving average ratings. Grand Junction is highly bike-friendly, with a Bike Score of 96, and is well-connected by the Grand Valley Transit bus system. The Grand Junction Regional Airport provides convenient travel options, with connections to Denver and beyond.

Home Trends in Downtown Grand Junction, CO

Housing Trends

Median Sale Price
$388,340
Median Single Family Sale Price
$460,000
Median Townhouse Sale Price
$313,999
Median 2 Bedroom Sale Price
$375,000
Median 1 Bedroom Sale Price
$564,000
Average Price Per Sq Ft
$260
Number of Homes for Sale
31
Last 12 months Home Sales
189
Months of Supply
2.00
Median List Price
$460,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
11%
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