1206 Main St Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $3,385/month
Total Views
9,224
6
Beds
4
Baths
3,275
Sq Ft
$174
Price per Sq Ft
Highlights
- Guest House
- 3-Story Property
- Covered patio or porch
- RV Access or Parking
- Corner Lot
- 1 Car Attached Garage
About This Home
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 offset your mortgage by renting out the basement studio and/or ADU—or rent out all three units for a strong income-producing investment. Zoned for both residential and commercial use, this property also offers the potential for a home-based business. The main home blends original character—like a brick fireplace, built-ins, and an enclosed porch—with modern updates including a renovated kitchen, updated bathrooms, new flooring, and upgraded electrical service. The main level includes living, dining, kitchen, and a full bath, with four bedrooms and an additional bath upstairs. The basement studio includes a bathroom and kitchenette, ideal for rental or personal use. Across the drive, the ADU features two bedrooms, one bath, a full kitchen, and a screened-in porch. Each unit has tenants on month-to-month or near-term leases, providing immediate rental income or occupancy flexibility. Located just blocks from Colorado Mesa University, Lincoln Park, Stocker Stadium, and Downtown’s shops, restaurants, and entertainment, this property offers unbeatable convenience and long-term value. Don’t miss this unique opportunity to own a versatile, income-generating property in one of Grand Junction’s most desirable neighborhoods.
Listing Agent
EXP REALTY, LLC Brokerage Phone: 888-440-2724 License #FA40036031 Listed on: 05/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,915
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 125.8 x 49.5
- Landscaped
- Corner Lot
Home Design
- 3-Story Property
- Wood Frame Construction
- Asphalt Roof
- Wood Siding
- Stucco Exterior
Interior Spaces
- Ceiling Fan
- Electric Oven or Range
- Washer and Dryer Hookup
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 1 Car Attached Garage
- RV Access or Parking
Schools
- Chipeta Elementary School
- West Middle School
- Grand Junction High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- Separate Water Meter
- Septic Design Installed
Additional Features
- Covered patio or porch
- Guest House
Community Details
- 3 Units
- 3,275 Sq Ft Building
- Keiths Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2945-133-12 -009
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,140 | $35,550 | $5,160 | $30,390 |
| 2023 | $2,140 | $30,270 | $5,080 | $25,190 |
| 2022 | $1,778 | $24,660 | $4,170 | $20,490 |
| 2021 | $1,784 | $25,370 | $4,290 | $21,080 |
| 2020 | $1,490 | $21,680 | $3,580 | $18,100 |
| 2019 | $1,408 | $21,680 | $3,580 | $18,100 |
| 2018 | $1,375 | $19,440 | $3,240 | $16,200 |
| 2017 | $1,203 | $19,440 | $3,240 | $16,200 |
| 2016 | $1,203 | $19,180 | $3,380 | $15,800 |
| 2015 | $1,219 | $19,180 | $3,380 | $15,800 |
| 2014 | $1,244 | $17,480 | $2,790 | $14,690 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Price Changed | $569,000 | -5.0% | $234 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $599,000 | +176.5% | $247 / Sq Ft |
| 09/22/2014 09/22/14 | Sold | $216,600 | -27.1% | $100 / Sq Ft |
| 07/21/2014 07/21/14 | Pending | -- | -- | -- |
| 02/11/2014 02/11/14 | For Sale | $297,000 | -- | $138 / Sq Ft |
Source: Grand Junction Area REALTOR® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $216,600 | Colorado Land Title Co Llc | |
| Bargain Sale Deed | -- | None Available | |
| Warranty Deed | $222,500 | First American Heritage Titl | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Meridian Land Title Llc | |
| Warranty Deed | $169,000 | First American Title Co | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $162,450 | New Conventional | |
| Previous Owner | $129,900 | No Value Available | |
| Previous Owner | $50,245 | Unknown | |
| Previous Owner | $140,000 | No Value Available | |
| Previous Owner | $144,000 | Seller Take Back |
Source: Public Records
Similar Homes in Grand Junction, CO
Source: Grand Junction Area REALTOR® Association
MLS Number: 20252733
APN: 2945-133-12-009
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