$479,000
$36K PRICE DROP

Estimated payment $2,856/month

Total Views 5,085
5 Beds
5 Baths
3,227 Sq Ft
$148 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Open Patio
  • Ceiling Fan
  • Corner Lot
  • Luxury Vinyl Plank Tile Flooring
  • Laundry Facilities

About This Home

Attention Investors! Opportunity knocks. Tri-Plex. Discover the realistic potential for excellent cap rate, cash flow, and return of investment. Great location only a block north of the VA hospital and less than a mile to CMU. Two story 3 bedroom home with an attached 1 bedroom unit plus a detached 1 bedroom unit. Upper primary bedroom features an attached room for an office, nursery, or additional bedroom. There are 2 bedrooms on main floor with separate entrances (one has a small 1/2 bath). House has updated electrical, newer roof (on both buildings), upgraded mini-split heat and A/C (main house), and newer flooring. Both additional units are self-contained with full kitchens and baths. Detached unit has separate gas and electric meters. Shared fenced rear yard has large patio with fire pit. Property has ample off street parking. See it today! All measurements are approximate and not guaranteed, buyer to verify.

Listing Agent

LINDA SCHULTE

GUIDO SCHULTE REAL ESTATE License #EA40045976 Listed on: 06/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1942

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 104x122
  • Corner Lot

Parking

  • RV Access or Parking

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Open Patio

Schools

  • Orchard Avenue Elementary School
  • Bookcliff Middle School
  • Grand Junction High School

Utilities

  • Separate Meters
  • Septic Design Installed

Listing and Financial Details

  • Assessor Parcel Number 2945-124-29-001

Community Details

Overview

  • 3 Units
  • 3,227 Sq Ft Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,458

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Construction: Concrete/Block, Wood Frame
  • Current Use: Multi Family
  • Elevation: 4500
  • Exterior Features: Rv Parking
  • Fronts: S
  • Gas Company: Xcel
  • How Built: Site Built
  • Lot Dimensions: 104X122
  • Lvt Date: 06/04/2025
  • Patio Deck: Patio-Open
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: Paved
  • Style: 2 Story
  • Taxes: 2458.29
  • Tax Year: 2025
  • Total Acres: 0.29
  • Type: Triplex
  • Water: City Water
  • Zoning: RM-8
  • Total Building Sq Ft: 3227
  • Display On Internet: Yes
  • Design: Two Buildings
  • Separate Electric Meters: Yes
  • Separate Gas Meters: Yes
  • Year Built: 1942
  • Directions: From North Ave, turn N on 23rd, property is on the NE corner of 23rd and Bunting.
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 5
  • Appliances: Dishwasher-Some, Dryer-Some, Electric Range/Oven-All, Garbage Disposal-Some, Refrigerator-All, Washer-Some
  • Basement Foundation: Crawl Space, Slab
  • Floor: Luxury Vinyl Planking
  • Interior Amenities: Ceiling Fan(s)
  • Bathrooms: 5
  • Price Per Sq Ft: 148.44
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Exterior Siding: Vinyl
  • Roof: Asphalt Composition

Utilities

  • Electric Company: Xcel
  • Water Company: City of GJ
  • Laundry: Laundry Available On Site

Schools

  • Elementary School: Orchard Avenue
  • Middle School: Bookcliff
  • High School: Grand Junction
  • Elementary School: Orchard Avenue
  • High School: Grand Junction

Lot Info

  • Lot Description: Corner
  • Lot Size: B: 0.25-0.49
  • Parcel Number: 2945-124-29-001
  • Geo Update Timestamp: 2025-06-04
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 3

MLS Schools

  • Middle School: Bookcliff

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/09/2025 07/09/25 Price Changed $479,000 -4.0% $148 / Sq Ft
06/13/2025 06/13/25 Price Changed $499,000 -3.1% $155 / Sq Ft
06/04/2025 06/04/25 For Sale $515,000 -- $160 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Similar Homes in Grand Junction, CO

  • 2336 Elm Ave, Grand Junction, CO 81501

    $525,000

    • 6 Beds
    • 3 Baths
    • 2,864 Sq Ft
    • 2336 Elm Ave
    • Grand Junction, CO

    Turnkey Duplex Near CMU-Fully rented & updated! Investor special just steps from Colorado Mesa University! This well-maintained duplex features 2 units: Unit 1: 4 bed / 2 bath @ $2,000/mo. Unit 2: 2 bed (1 non-conforming) / 1 bath @ $1,000/mo. Both tenants are M-T-M, tenants pay all utilities except W-S-T. No pets or smoking - ever. Major updates in last 5 years include new sewer line, roof &

    Jan Kimbrough Miller RE/MAX 4000, INC

    Section Image
  • 1206 Main St, Grand Junction, CO 81501

    $569,000

    • 6 Beds
    • 4 Baths
    • 3,275 Sq Ft
    • 1206 Main St
    • Grand Junction, CO

    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

    KEITH EVERITT EXP REALTY, LLC

    Section Image
  • 1059 Rood Ave, Grand Junction, CO 81501

    $475,000

    • 5 Beds
    • 3 Baths
    • 2,052 Sq Ft
    • 1059 Rood Ave
    • Grand Junction, CO

    Investment alert! Welcome to this great opportunity in the heart of Grand Junction’s vibrant downtown. This delightful turn-of-the-century classic on Rood Avenue has been smartly converted into three separate units, each brimming with personality and profit potential. Whether you're an investor seeking a steady income stream or a visionary ready to take advantage of GJ’s booming rental market -

    JOHN EMMETT WILLIAMS THE CHRISTI REECE GROUP

    Section Image
  • 338 Ouray Ave Unit A & B, Grand Junction, CO 81501

    $435,000

    • 3 Beds
    • 3 Baths
    • 1,588 Sq Ft
    • 338 Ouray Ave
    • Unit A & B
    • Grand Junction, CO

    Rare opportunity to own a duplex in downtown Grand Junction! Perfect for an investor or house hacker with a 3 bedroom, 2 bath (Unit A) and a studio (Unit B). The studio unit is vacant and the Unit A lease is up in November with room to increase rent to market rate. Both units have a private fenced in yard, covered patios, and separate meters for Xcel Energy. Unit A has recently updated luxury

    Carrie Leigh Rejuvenation Homes Inc

    Section Image
  • 2901 Ronda Lee Rd Unit A&B, Grand Junction, CO 81503

    $404,900

    • 4 Beds
    • 3 Baths
    • 1,512 Sq Ft
    • 2901 Ronda Lee Rd
    • Unit A&B
    • Grand Junction, CO

    Duplex opportunity!!!! Come view this 3 bedroom and 2 bath in the main house and a 1 bedroom and 1 bathroom in the attached separate living quarters. Additional quarters has a full kitchen! Electric is separated per unit but water and sewer are billed together. Both sides have been remodeled for ideal living. There is plenty of space to park for everyone and even RV's. Newer roof! No HOA! Super

    Amber Massey RE/MAX RISE UP

    Section Image

Source: Grand Junction Area REALTOR® Association

MLS Number: 20252602

Grand Junction Area REALTOR® Association

APN: 2945-124-29-001