$1,200,000

2718 Patterson Rd Grand Junction, CO 81506

North Grand Junction Neighborhood

Estimated payment $7,203/month

8 Beds
4 Baths
3,520 Sq Ft
$341 Price per Sq Ft

Highlights

  • 0.89 Acre Lot
  • Luxury Vinyl Plank Tile Flooring
  • Evaporated cooling system
  • Deck
  • Hot Water Heating System
  • 3-minute walk to Las Colonias Park

About This Home

4plex PLUS Commercial Office Modular (1440 SF) located on Patterson Road, nearby the busy corner of 12th and Patterson - across the street from 12th St City Market. Great investment opportunity with strong income in place, and in a GREAT LOCATION with Commercial development / Pad-site potential. The property sits on nearly an Acre (0.89 Acres), is zoned MU-1 (many commercial & multi-family uses allowed), located in the Commercial Comp Plan (Future Land Use), and located directly off of Patterson Rd with very high traffic counts. Keep the property as-is for cash flow, use as a commercial pad site, look at a redevelopment of the site, or all of the above!

Listing Agent

Kyle Serrano

VENTURE GROUP License #FA100075682 Listed on: 11/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,542

Year Built

  • Built in 1977

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 300 x 130

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Car Garage
  • Carport

Schools

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

Utilities

  • Evaporated cooling system
  • Hot Water Heating System

Additional Features

  • 2-Story Property
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 2945-013-00-014

Community Details

Overview

  • 4 Units
  • 3,520 Sq Ft Building

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,542

Year Built

Built in 1977

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 4600
  • Fronts: S
  • Gas Company: Xcel
  • Heating Type: Hot Water, Natural Gas
  • How Built: Site Built
  • Lot Dimensions: 300 x 130
  • Lvt Date: 11/19/2025
  • Patio Deck: Deck-Open
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Style: 2 Story
  • Taxes: 10541.77
  • Tax Year: 2025
  • Total Acres: 0.89
  • Type: Fourplex
  • Water: City Water
  • Zoning: MU-1
  • Total Building Sq Ft: 3520
  • Display On Internet: Yes
  • Design: Upper & Lower
  • Garage Capacity: 1
  • Garage Type: Carport
  • Garage Capacity: 1
  • Garage Type: Carport
  • Garage Capacity: 1
  • Garage Type: Carport
  • Garage Capacity: 1
  • Garage Type: Carport
  • Year Built: 1977
  • Directions: From 12th and Patterson, turn East onto Patterson Road, 4th property on your left (north).
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 8
  • Appliances: Dishwasher-All, Electric Range/Oven-All, Garbage Disposal-All, Refrigerator-All
  • Basement Foundation: Slab
  • Floor: Carpet, Laminate, Wood Laminate, Luxury Vinyl Planking
  • Bathrooms: 4
  • Fireplaces: Pellet-None, Wood Stove-None

Exterior Features

  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: GJ
  • Laundry: Shared Laundry On Site

Condo/Co-op/Association

  • Association Amenities: Pets Allowed

Schools

  • Elementary School: Tope
  • High School: Grand Junction

Lot Info

  • Lot Description: 100' - 150' Frontage
  • Lot Size: C: 0.5-0.99
  • Parcel Number: 2945-013-00-014
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 4

MLS Schools

  • Middle School: West

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $7,978 $115,610 $70,840 $44,770
2023 $7,978 $115,610 $70,840 $44,770
2022 $6,833 $97,440 $50,580 $46,860
2021 $6,752 $98,580 $50,840 $47,740
2020 $6,294 $94,150 $48,000 $46,150
2019 $5,952 $94,150 $48,000 $46,150
2018 $5,751 $82,880 $34,630 $48,250
2017 $5,740 $82,880 $34,630 $48,250
2016 $5,612 $91,140 $40,160 $50,980
2015 $5,694 $91,140 $40,160 $50,980
2014 $4,653 $74,960 $40,020 $34,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $1,200,000 -- $341 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $225,905 Commercial
Source: Public Records

Source: Grand Junction Area REALTOR® Association

MLS Number: 20255402

Grand Junction Area REALTOR® Association

APN: 2945-013-00-014

Colorado Mesa County Grand Junction 81501 North Grand Junction

2718 Patterson Rd, Grand Junction, CO

For Sale

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Kyle Serrano
Listing Agent
Kyle Serrano
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VENTURE GROUP
(970) 550-9721