21 Multi Family Homes For Sale in Grand Junction, CO

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Est. Payment$229,900
4 Beds | 2 Baths | -- Sqft

480 Melody Lane, Grand Junction, CO 81501

Multi Family For Sale

Opportunity awaits! This property could be used in many different ways as it is now being rented as residential but is also zoned as commercial. Unit in back is rented at $800/ month and unit in from is rented at $750/ month. Both tenants would like to stay. Great central location give you many options.

Jan Kimbrough Miller

Est. Payment$429,900
3 Beds | 3 Baths | -- Sqft

484 N 11th Street, Grand Junction, CO 81501

Multi Family For Sale

RARE FIND IN THE HEART OF DOWNTOWN GJ! Stick built duplex blt new from the ground up in 2017. Endless possibilities - rent one and live in the other, cont as VRBO / AirBNB, convert to short term or traditional rental. 9 blocks from CMU and 5 from downtown GJ. Upstairs is spacious 2 bed 2 bath open floorplan with laundry and attached garage on 1st level. Ground floor unit has 1 bed 1 bath. No traditional rental history due to VRBO use. Great long term investment opportunity with unlimited flexibility on use.

Est. Payment$265,000
4 Beds | 4 Baths | -- Sqft

941 Main Street, Grand Junction, CO 81501

Multi Family For Sale

Dont miss out on this investment opportunity. This multifamily consists of four units. Two units are standard one bed, one bath. One Unit is a one bed, one bath with a nonconforming heated room. The final unit is a studio apartment. Coin operated laundry is available on site and there is off street parking on the south side of the property. Zoned B-2, there are abundant possibilities of what can be done with this lot. Low vacancy and a great location make this property a must see!

Est. Payment$300,000
5 Beds | 3 Baths | -- Sqft

3176 N Torreys Peak, Grand Junction, CO 81504

Multi Family For Sale

Nice corner lot in quiet neighborhood, some xeroscape, lawn, trees, sprinkler sysytem, duplex sets back off road. Good rent history. Unit A is 2 bedroom, 1 bathroom, the Unit B is 3 bedroom, 2 bathrooms.

Danny Kuta

Est. Payment$349,900
5 Beds | 4 Baths | -- Sqft

2150 College Place 49 50 51 & 52, Grand Junction, CO 81501

Multi Family For Sale

Great Location! Well maintained 4-Plex near Colorado Mesa University, St. Mary's Hospital, and many other amenities. Good rental history. 1 -2 bedroom unit and 3-1 Bedroom units. Coin operated laundry room, recent updates. 3 units have newer carpet, 3 units have newer heating units. Unit 51 completely updated. The HOA covers the roof, each unit has a covered parking space and storage unit and is individually metered. On 4 separate deeds. HOA dues $150 p/month per unit. Private outdoor area. Units great for college students or medical staff and employees. Make sure to check the Virtual Tours above of Units 51 & 52.

Est. Payment$309,000
4 Beds | 2 Baths | -- Sqft

744 Colorado Avenue, Grand Junction, CO 81501

Multi Family For Sale

VIRTUAL TOUR AVAILABLE! 744 & 746 Colorado Ave: a DOWNTOWN DUPLEX with old-school charm! 746 has been refreshed with paint, and 744 received a makeover, complete with gorgeous refinished floors and kitchen and bath updates. All the work is done for you--just kick back and collect your 8.5% cap rate! Both sides are rented for $1125 for 12 months. One lease is directly with the owner; the other is managed through Real Property Mgmt Now. Each unit is 2-bed, 1-bath, with separate gas & electric meters, water heaters, and heaters. Fencing has been added to accommodate separate backyards for each tenant. Underneath, Foundation Repair added power braces to address the cracks in the foundation wall. Zoning could allow the garage to be transformed into an ADU. Set yourself up for success today! All information herein is deemed reliable but not guaranteed. Broker is related to Seller.

Est. Payment$154,900
5 Beds | 2 Baths | -- Sqft

352 Pitkin Avenue, Grand Junction, CO 81501

Multi Family For Sale

Great investment opportunity, 5 bedroom 2 bath with a shared kitchen, previously rented $450.00 month per room. Close to downtown & train station. House sold as is.

Est. Payment$435,000
8 Beds | 4 Baths | -- Sqft

2690 Milo Drive, Grand Junction, CO 81503

Multi Family For Sale

Investment Opportunity is knocking at your door. This fantastic 4 Plex is on .37 acre lot. Long term tenants in place. Nice quiet neighborhood. Shopping, biking, hiking, and restaurants close by. Plus a Bowling Alley right around the corner. There is an on site Coin-Op Laundry Room. This property can house several more units. The city is wanting more density in this area, so the potential is fantastic. A new roof in August of 2019, Brick on 3 sides and vinyl siding in the back. Tons of parking.


Est. Payment$349,197
5 Beds | 3 Baths | -- Sqft

197 Edlun Road, Grand Junction, CO 81503

Multi Family For Sale

This truly one-of-a-kind property offers 2 completely separate residences for the price of one find. Completely remodeled from the ground up and finished with true craftsmanship, this property offers a total of 5 bedrooms, 3 bathrooms, and 2568 sq ft. The first residence presents 840 sq ft with 2 spacious bedrooms, a full bathroom, and open kitchen with an additional mudroom, original hardwood flooring, and stainless steel appliances. The second residence presents 1728 sq ft in a split bedroom layout with a luxurious master suite featuring his/her closets and 5pc en-suite. Also featured are vaulted ceilings, two living spaces, and an expansive kitchen and dining area. Located on a large cul-de-sac lot, this property is further enhanced by extensive RV parking, a detached garage and workshop, garden shed, and a private multi-generational gathering area. The possibilities are endless!

Est. Payment$419,000
5 Beds | 3 Baths | -- Sqft

615 Gunnison Avenue, Grand Junction, CO 81501

Multi Family For Sale

Own a piece of downtown history. Home was originally built as a duplex and has maintained the character. Live on one side and rent the other 1/2 and lower unit or rent out all 3. Each unit has own Refrigerator and Stove/oven. There is a common area with a washer and dryer. There have been many updates done to the property over the past years. Electrical upgraded to code - 2005, New Water Heater - 2013, New furnace - 2014 and many others when units were open. Tenants have been in place for 2, 6, and 8 years. Seller currently rents out three spaces in the detached garage for $50 each to add an additional $150 income per month.

Mandy Rush

Est. Payment$320,000
6 Beds | 4 Baths | -- Sqft

540 Hill Avenue, Grand Junction, CO 81507

Multi Family For Sale

Located near Hawthorn PArk, this turn of the century two-story with finished basement has been renovated into 4 separate rental units. Updates to the kitchens, baths, flooring, and paint. New wiring, metal siding, and hot water heater. Replaced furnace 5-6 years ago and has a strong rent history.

Mandy Rush

Est. Payment$240,000
4 Beds | 2 Baths | -- Sqft

1168 Santa Clara Avenue, Grand Junction, CO 81503

Multi Family For Sale

Investors, take a moment and see how this property fits into your portfolio. Two units conveniently located close to downtown! Both units are 2 bedrooms, 1 bathroom with a 1 car garage and will sell as a duplex, but taxed as two separate parcels. Both units currently occupied. These units have a strong rental history. Please request disclosures prior to scheduling and give 24-48 hours for showing notice. HOA is $165 per unit annually.

Est. Payment$170,000
3 Beds | 3 Baths | -- Sqft

1001 Ute Avenue A & B, Grand Junction, CO 81501

Multi Family For Sale

This duplex consists of two units totaling 1522 sf. Unit B is the rear unit and consists of 2 bedrooms, 1 full bath and one half bath. There is a small extra room with no closet currently being used as a walk in closet. There is a kitchen with dining combo. Refrigerator, range/oven and dishwasher belong to the tenant. The living room and kitchen have slate tile flooring and the bedrooms have a painted wood. The laundry is downstairs along with storage in the unfinished basement. Unit A is in the front of the structure. It is a one bedroom and one 3/4 bath. The entry way is a small living area. The kitchen is a central location. All appliances also belong to this tenant.

Est. Payment$152,500
2 Beds | 2 Baths | -- Sqft

1254 Ute Avenue A & B, Grand Junction, CO 81501

Multi Family For Sale

This duplex is concrete block construction. Raised ranch with a garden level basement. Each unit has 1 bedroom and 1 bath. There is a workshop/outbuilding unit in the back great for storage. Parking is available off street in the dirt/gravel lot. The extra yard space is security fenced. The upper unit is equipped with a refrigerator and gas range/oven. Carpeting and tile flooring, This unit has a full bath. The bedroom is non-conforming as there is no door. The lower unit is access by steps leading down to the garden level. It has a tile floor. The bathroom has a small toilet and shower, with a vanity just outside the door. It also has a refrigerator and range/oven. It has 1 bedroom with a closet. This unit is cooled by a window unit air conditioner.

Est. Payment$223,500
3 Beds | 3 Baths | 1,222 Sqft

571 Graff Meadows Drive, Grand Junction, CO 81501

Multi Family For Sale

BRAND NEW Senergy Builders ENERGY STAR RATED construction located in NEW subdivision within city limits! Graff Meadows is Grand Junction's newest property development, located conveniently behind Graff Meadows Dairy, just to the west of Safeway on 29 Road! This BLUE OX duplex 2-story model boasts ENERGY STAR RATED 2x6 construction, upgraded insulation, 95.5% energy efficient furnace, low-maintenance stucco exterior and front landscaping included! Interior features include open floor plan, granite kitchen counter tops plus ENERGY STAR RATED appliances! Attractive laminate flooring throughout the living area, tile in the kitchen and durable carpet in bedrooms. Spacious upper-level bedrooms, including the large master suite with walk-in closet and custom tiled walk-in shower. Open outdoor patio that's perfect for those summer BBQ's with great views of the Grand Mesa to enjoy!

Est. Payment$335,000
8 Beds | 3 Baths | -- Sqft

1340 Orchard Avenue, Grand Junction, CO 81501

Multi Family For Sale

Non conforming Tri-plex 1 BLOCK FROM CMU!! Turnkey investment property with great rental history. The main unit upstairs offers 3 bedrooms and 1 bathroom, currently rented for $1350/mo and offers the tenants a nice kitchen with granite counters, stainless appliances and hardwood flooring throughout. The downstairs unit has 4 bedrooms (non conforming), 1 large bath, living room with egress window, nice fireplace and well designed galley kitchen with shared access to the washer and dryer. The set up allows for each of these units to have their own yard space and parking area. That's not all, there is another detached 1 bed, 1 bath unit that currently rents for $845/mo and has a great modern look with hard flooring, updated kitchen and bath and cute outdoor space. **Additional units not did not go through planning and zoning, cannot be officially converted from SFR to Triplex**


Est. Payment$645,000
8 Beds | 5 Baths | -- Sqft

1115 Ute Avenue, Grand Junction, CO 81501

Multi Family For Sale

This listing consists of 4 parcels, seller will not sell separately. 1115 Ute Ave 2945-144-36-018: 2 houses on this sight 1137 Ute Ave 2945-144-36-019 1132 Pitkin Ave 2945-144-36-014 1138 Pitkin Ave 2945-144-36-020 Total lot size is approximately 1.2 acres. Property is divided by the alley. The lot sizes are as follows: Ute side 225x125 and Pitkin side 200x125. There are 5 houses on these 4 lots, all currently rented. Some updates have been done.

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