$525,000

1270 Walnut Ave Unit A, B, C, D Grand Junction, CO 81501

Downtown Grand Junction Neighborhood

Estimated payment $2,997/month

Total Views 140
5 Beds
4 Baths
2,556 Sq Ft
$205 Price per Sq Ft

Highlights

  • Popular Property
  • Landscaped
  • Evaporated cooling system
  • Ranch Style House
  • Baseboard Heating
  • Carpet

About This Home

Nice 4-plex located near Colorado Mesa University! Units A, B, and C are one bedroom an one bath units. Unit D is a stand alone building with two bedrooms and one bathroom. Unit B has new carpet. This fourplex offers strong value-add opportunities for an investor seeking immediate cash flow and future upside. The property is currently stabilized with consistent occupancy with some units below market rent levels, allowing room for income growth. Property is zoned RH-24 to allow for future development into high density multifamily options. Property can be combined with 1290 Walnut Avenue which is a stand alone investment residence with a single tenant for $450,000 or combined offering of $975,000.

Listing Agent

Cory Carlson

VENTURE GROUP License #FA100087222 Listed on: 09/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1965

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60' x 150'
  • Landscaped

Home Design

  • Quadruplex
  • Ranch Style House
  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Carpet
  • Crawl Space

Community Details

  • 4 Units
  • 2,556 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number BEG 120FT W OF SE CO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,405

Year Built

Built in 1965

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Multi Family
  • Elevation: 4600
  • Fronts: S
  • Gas Company: Xcel Energ
  • Heating Type: Baseboard
  • How Built: Site Built
  • Lot Dimensions: 60' x 150'
  • Lvt Date: 09/12/2025
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Style: Ranch
  • Taxes: 2405
  • Tax Year: 2025
  • Total Acres: 0.21
  • Type: Fourplex
  • Water: City Water
  • Zoning: RH-24
  • Total Building Sq Ft: 2556
  • Display On Internet: Yes
  • Design: Two Buildings
  • Separate Electric Meters: Yes
  • Separate Gas Meters: Yes
  • Year Built: 1965
  • Directions: From 12th Street East on Walnut. Property is on left.
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Bedrooms: 5
  • Appliances: Dishwasher-Some, Dryer-All, Electric Range/Oven-Some, Garbage Disposal-Some, Microwave Built-In-None, Range Hood-None, Refrigerator-Some, Washer-All, Washer Hookup, Dryer Hookup
  • Basement Foundation: Crawl Space
  • Floor: Carpet
  • Bathrooms: 4
  • Price Per Sq Ft: 205.4

Exterior Features

  • Landscaping: Landscape All
  • Exterior Siding: Brick, Vinyl
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel Energy
  • Water Company: City
  • Laundry: W/D Hookups In All Units

Schools

  • Elementary School: Tope
  • Middle School: West
  • High School: Grand Junction
  • Elementary School: Tope
  • High School: Grand Junction

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: BEG 120FT W OF SE CO
  • Geo Update Timestamp: 2025-09-12
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 4

MLS Schools

  • Middle School: West

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $525,000 -- $205 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Source: Grand Junction Area REALTOR® Association

MLS Number: 20254480

Grand Junction Area REALTOR® Association
Colorado Mesa County Grand Junction 81501 Downtown Grand Junction

1270 Walnut Ave Unit A, B, C, D, Grand Junction, CO

This home is located at 1270 Walnut Ave Unit A, B, C, D, Grand Junction, CO 81501 and is currently priced at $525,000, approximately $205 per square foot. This property was built in 1965. 1270 Walnut Ave Unit A, B, C, D is a home located in Mesa County with nearby schools including Orchard Avenue Elementary School, West Middle School, and East Middle School.

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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Cory Carlson
Listing Agent
Cory Carlson
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VENTURE GROUP
(970) 427-2060