NOT LISTED FOR SALE

125 Franklin Ave Unit 409 Grand Junction, CO 81505

Downtown Grand Junction Neighborhood

Estimated Value: $119,000 - $182,000

2 Beds
1 Bath
804 Sq Ft
1976 Built

Sale Details

Date Sold: February 27, 2026

Last sale price $120,000 $149 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,176 / mo

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Deck
  • Baseboard Heating
  • Main Floor Primary Bedroom
  • Dining Room
  • Wood Siding

About This Home

As of February 2026

Prime investment opportunity! This move in ready 2-bedroom, 1 bathroom, 804 square foot upper level condo is a turnkey addition to any rental portfolio. Its proximity and walk-ability to CMU, grocery stores, restaurants, bus stops & park makes it an ideal long-term rental with high demand. Association dues cover trash, exterior maintenance, and common areas, providing a low-maintenance ownership experience. Excellent location with shared laundry and dedicated below level parking already in place. Vacant and ready for a quick closing!

Last Agent to Sell the Property

Mandy Rush

RE/MAX 4000, INC License #FA40026699 Listed on: 01/19/2026

RE/MAX 4000, INC

Last Buyer's Agent

KILEY THOMPSON

RE/MAX RISE UP License #FA100093598

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $705

Year Built

  • Built in 1976

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 804 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • Covered Deck

Schools

  • Pomona Elementary School
  • West Middle School
  • Grand Junction High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System

Community Details

Listing and Financial Details

  • Assessor Parcel Number 2945-104-24-012

Property Details

Home Type

Condominium

Est. Annual Taxes

$705

Year Built

Built in 1976

Lot Details

0 Sq Ft Lot

HOA Fees

$410 per month

Listing Details

  • 3 Phase: Unknown
  • Estimated Main Sq Ft: 804
  • Bathroom Level: M-Main Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 11x11
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 9x11
  • Elevation: 4600
  • Fronts: E
  • Gas Company: Xcel
  • Heating Type: Baseboard, Hot Water, Natural Gas
  • How Built: Site Built
  • Kitchen Lvl: Main
  • Living Rm Lvl: Main
  • Living Rm Size: 11x17.5
  • Lvt Date: 01/19/2026
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 11x14
  • Bedrooms: 2
  • Patio Deck: Deck-Covered
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Paved
  • Taxes: 704.63
  • Tax Year: 2025
  • Total Apx Sq Ft: 804
  • Type: Condo
  • Water: City Water
  • Zoning: RH-24
  • Display On Internet: Yes
  • Year Built: 1976
  • Directions: From North Avenue turn North on 1st Street then left on Franklin Avenue. Franklin Condos are on the left.
  • Subdivision Name: Franklin Street Condos
  • AdditionalLivingSpace: None
  • Financials Assumable Mortgage: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Kitchen Size: 8x9
  • Bathroom Description: Full
  • Appliances: Dishwasher, Electric Range Oven, Microwave, Refrigerator
  • Fireplace: Living Room
  • Floor: Carpet, Wood Laminate
  • Bathrooms: 1

Exterior Features

  • Exterior Siding: Wood
  • Roof: Flat

Garage/Parking

  • Garage Type: Basement Garage
  • Garage Capacity: 1

Utilities

  • Cooling Type: Window Unit(s)
  • Electric Company: Xcel
  • Water Company: City of GJ

Schools

  • Elementary School: Pomona
  • High School: Grand Junction

Lot Info

  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-104-24-012
  • Geo Subdivision: CO

MLS Schools

  • Middle School: West

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2026
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Mandy Rush
RE/MAX 4000, INC
Buyer's Agent
KILEY THOMPSON
RE/MAX RISE UP
List Price
$120,000
Sold Price
$120,000
Views
340
Current Estimated Value
$138,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,832
Avg. Annual Appreciation
79.16%

Purchase Details

Closed on
Dec 9, 2025
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2025
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 None Listed On Document
-- None Listed On Document
-- None Listed On Document
$91,500 Meridian Land Title Llc
-- --
$36,574 Abstract & Title Company Of
$25,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 Sold $120,000 0.0% $149 / Sq Ft
02/05/2026 02/05/26 Pending -- -- --
01/19/2026 01/19/26 For Sale $120,000 -- $149 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $353 $9,750 -- $9,750
2024 $166 $4,710 -- $4,710
2023 $166 $4,710 $0 $4,710
2022 $241 $6,680 $0 $6,680
2021 $241 $6,870 $0 $6,870
2020 $233 $6,790 $0 $6,790
2019 $441 $6,790 $0 $6,790
2018 $294 $4,160 $0 $4,160
2017 $293 $4,160 $0 $4,160
2016 $230 $3,670 $0 $3,670
2015 $233 $3,670 $0 $3,670
2014 $229 $3,630 $0 $3,630
Source: Public Records

Agents Affiliated with this Home

  • Mandy Rush

    Seller's Agent in 2026

    Mandy Rush

    RE/MAX

    (970) 260-1310

    12 in this area

    294 Total Sales

    Mandy Rush
    Section Image

  • K

    Buyer's Agent in 2026

    KILEY THOMPSON

    RE/MAX RISE UP

    (970) 261-8122

    6 in this area

    28 Total Sales

    KILEY THOMPSON
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20260217

Grand Junction Area REALTOR® Association

APN: 2945-104-24-012

Colorado Mesa County Grand Junction 81505 Downtown Grand Junction

125 Franklin Ave Unit 409, Grand Junction, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Junction Area REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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