1290 Walnut Ave Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $2,394/month
Highlights
- 0.41 Acre Lot
- Covered Patio or Porch
- Laundry Room
- Ranch Style House
- Living Room
- Dining Room
About This Home
Prime development opportunity by Colorado mesa University! Discover the rare potential of this residential income property situated on a large .41-acre corner lot in the heart of Grand Junction. Just steps away from Colorado mesa University, this property not only offers investment income, but also incredible investment potential. With RH-24 zoning, the lot allows for high-density residential, multifamily development, and Additional Dwelling Unit (ADU). Property is currently leased month to month. Don't miss this chance to secure one of the largest residential parcels near CMU with endless possibilities for redevelopment and income potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,475
Year Built
- Built in 1956
Lot Details
- 17,860 Sq Ft Lot
- Lot Dimensions are 150' x 120'
- Chain Link Fence
- Property is zoned RH-24
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Block And Stucco Construction
- Stone Exterior Construction
Interior Spaces
- Living Room
- Dining Room
- Partial Basement
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Schools
- Tope Elementary School
- West Middle School
- Grand Junction High School
Utilities
- Evaporated cooling system
- Floor Furnace
Listing and Financial Details
- Assessor Parcel Number 2945-122-00-172
Map
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 | $1,215 | $17,180 | $4,690 | $12,490 |
| 2023 | $1,215 | $17,180 | $4,690 | $12,490 |
| 2022 | $1,067 | $14,800 | $3,820 | $10,980 |
| 2021 | $1,070 | $15,220 | $3,930 | $11,290 |
| 2020 | $827 | $12,030 | $3,580 | $8,450 |
| 2019 | $782 | $12,030 | $3,580 | $8,450 |
| 2018 | $810 | $11,450 | $3,240 | $8,210 |
| 2017 | $807 | $11,450 | $3,240 | $8,210 |
| 2016 | $793 | $12,640 | $3,580 | $9,060 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2025 11/28/25 | Pending | -- | -- | -- |
| 10/07/2025 10/07/25 | Price Changed | $425,000 | -5.6% | $309 / Sq Ft |
| 10/07/2025 10/07/25 | For Sale | $450,000 | 0.0% | $328 / Sq Ft |
| 09/19/2025 09/19/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | For Sale | $450,000 | -- | $328 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed Of Distribution | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20254741
APN: 2945-122-00-172
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