NOT LISTED FOR SALE

125 Franklin Ave Unit 409 Grand Junction, CO 81505

Downtown Grand Junction Neighborhood

Estimated Value: $119,000 - $179,000

2 Beds

1 Bath

804 Sq Ft

1976 Built

Date Sold: February 27, 2026

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

Est. 15% increase in value since last sale

Current estimated payment $1,202 / 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

Last Buyer's Agent

KILEY THOMPSON

RE/MAX RISE UP License #FA100093598

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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

Visit Association Website
Franklin Street Condos Subdivision

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.

Feb 2026 - Present 6 Months

Private Individual

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

$138,554

Estimated Appreciation

$18,554

Avg. Annual Appreciation

40.82%

Dec 2025 - Feb 2026 2 Months

Private Individual

Purchase Details

Closed on

Dec 9, 2025

Sold by

Bought by

Sep 2025 - Dec 2025 3 Months

Private Individual

Purchase Details

Closed on

Sep 25, 2025

Sold by

Bought by

Sep 2006 - Sep 2025 19 Years

Private Individual

Purchase Details

Closed on

Sep 15, 2006

Sold by

Bought by

Mar 2003 - Sep 2006 3 Years and 6 Months

Private Individual

Purchase Details

Closed on

Mar 18, 2003

Sold by

Bought by

Aug 1997 - Mar 2003 5 Years and 7 Months

Private Individual

Purchase Details

Closed on

Aug 25, 1997

Sold by

Bought by

Apr 1993 - Aug 1997 4 Years and 4 Months

Private Individual

Purchase Details

Closed on

Apr 30, 1993

Sold by

Bought by

Source: Public Records

Agents Specializing in Downtown Grand Junction, CO

Tari Folkestad

CHESNICK REALTY, LLC

(970) 644-6922

68 Total Sales

13 in Downtown Grand Junction

$130K - $900K Price Range

Tari Folkestad
THE JOE REED TEAM

REED REAL ESTATE GROUP, LLC

(970) 822-0290

334 Total Sales

37 in Downtown Grand Junction

$79K - $750K Price Range

THE JOE REED TEAM
Julie Adams

LIFESTYLE LIVING REAL ESTATE, LLC

(970) 986-6208

81 Total Sales

15 in Downtown Grand Junction

$251K - $568K Price Range

Julie Adams
Bill Needham

RE/MAX 4000, INC

(970) 650-5486

33 Total Sales

4 in Downtown Grand Junction

$195K - $453K Price Range

Bill Needham
Jennifer Cirka

GREYHOUND REAL ESTATE

(970) 609-9910

188 Total Sales

31 in Downtown Grand Junction

$90K - $488K Price Range

Jennifer Cirka
Mandy Rush

RE/MAX 4000 Inc.

(970) 628-3694

279 Total Sales

12 in Downtown Grand Junction

$120K - $1.3M Price Range

Mandy Rush

See All Agents

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

Seller's Agent in 2026

Mandy Rush

RE/MAX

(970) 260-1310

12 in this area

279 Total Sales

Mandy Rush
K

Buyer's Agent in 2026

KILEY THOMPSON

RE/MAX RISE UP

(970) 261-8122

7 in this area

31 Total Sales

KILEY THOMPSON

See All Agents

Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20260217

APN: 2945-104-24-012

Colorado Mesa County Grand Junction 81505 Downtown Grand Junction

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Information is deemed reliable but not guaranteed.

Nearby Homes

125 Franklin Ave Unit 409 Grand Junction, CO 81505

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

HOA Fees

Home Design

Interior Spaces

Kitchen

Flooring

Bedrooms and Bathrooms

Parking

Outdoor Features

Schools

Utilities

Community Details

Listing and Financial Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Schools

Lot Info

MLS Schools

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Downtown Grand Junction, CO

Purchase History

Property History

Tax History

Agents Affiliated with this Home

Map