1405 Elm Ave – Triplex with Income Potential, Walkable to CMU! Rare triplex opportunity in a central Grand Junction location! This property features two 1-bedroom units and a studio, each with bright, single-level layouts. Unit A was recently updated with new flooring and a modern bathroom. Unit B is a well-equipped studio rental, and Unit C is an updated 1-bedroom unit. Current leases generate a total monthly rental income of $2,610 (A: $1,050, B: $685, C: $875). The property also includes off-street parking and a detached garage. Walkable to Colorado Mesa University, shopping, dining, and major roadways, this triplex offers strong rental demand and an estimated 7% cap rate—mak
Modern bathroom • Off-street parking • Detached garage
ABOUT THIS HOME
Grand View, CO Homes for Sale
Spacious and full of charm, this 4-bedroom, 2-bath home in the heart of Grand Junction City offers both character and versatility. Set on a generous lot with mature landscaping, features include a covered carport, extended driveway, and expansive private backyard space. Inside, you'll find a practical layout with multiple living areas, updated bathrooms, new flooring, a functional basement with laundry and storage, and plenty of natural light throughout. With alley access, no HOA, and room to personalize, this home is a rare opportunity for homeowners or investors looking for space and potential in a prime location, close to CMU! This one has great bones and a lot to offer! Pre Inspected +
Covered carport • New flooring • Updated bathrooms
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ABOUT THIS HOME
Grand View, CO Homes for Sale
This charming and move-in ready home offers the perfect blend of location, updates, and flexibility—ideal for first-time buyers, growing households, investors, or parents seeking student housing. Located just minutes from Colorado Mesa University, Downtown Grand Junction, St. Mary's Hospital, and Lincoln Park, you'll love the easy access to schools, shops, dining, and recreation. Inside, you'll find fresh paint, new luxury vinyl plank flooring, and an updated bathroom. With two spacious living areas, this home offers room to spread out, work from home, or entertain. With a thoughtful layout, it could also be easily converted into five bedrooms with a bit of work—offering strong
Move-in-ready 2-bedroom, 1-bath home located near Colorado Mesa University and downtown Grand Junction. This property has been recently remodeled and offers a functional layout with modern updates throughout, including a dedicated dining area and stylish interior finishes. The kitchen features granite countertops, glass subway tile backsplash, updated cabinetry, and newer stainless steel appliances. Luxury vinyl plank flooring runs throughout the main living areas and bedrooms. The full bathroom includes an updated vanity, subway tile tub/shower surround, and modern fixtures. Additional upgrades include a new roof, new gutters, new Rinnai tankless hot water heater, evaporative cooler, fresh
Recently remodeled • Move in ready • Granite countertops
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ABOUT THIS HOME
Grand View, CO Homes for Sale
Great property with investment opportunities! Large lot with alley/gate access. Totally fenced. Main house has 2 bedrooms 1 bath and has been completely updated. Original hardwood floors refinished with beautiful finish. New bathroom, kitchen. new electrical panel New tankless hot water tank. Appliances included in both units. NADU has a tenant in place. Unit has been updated and in good condition. 1 bedroom 1 bathroom, $1100/month. Main house has not had any tenants since remodel. Huge back yard, Room to build another unit , garage, shop. Owner has explored all options with the city. Xeriscape front for easy maintenance. Many options to expand for more Rental units,
Excellent income opportunity with this 23-unit property just 7 blocks from Colorado Mesa University and directly across from the VA Hospital. The unit mix includes 21 studio-style rooms—20 without kitchens and 1 with a full kitchen—plus one 2-bedroom, 1-bath apartment and one 1-bedroom, 1-bath apartment. Current Rent Roll is $23,010.00, projected to perform at a 6.5 CAP for 2025 now that upgrades are completed. Most units are ranch-style with ground-level access, while the 2-bedroom apartment is located on the second floor. The property also features a separate office space, a laundry room with hookups for 2 washers and 2 dryers, a single-car garage, an oversized 4-car garage, a
Turnkey Rental Portfolio for sale. All new construction. 16 homes - 14 townhomes, 2 single family homes. 11 townhomes in Meridian Park, 2 single family homes in Shadow Mesa, 3 townhomes at Row Homes at Bunting (1 block from college). Cap Rate Avg with current rents and current value = 5.74%. All units currently rented!! Benefits include cost segregation, tax benefits, appreciation, cash flow, low maintenance neighborhoods, low maintenance new construction. HOA in all subdivisions covers snow removal, landscape maintenance, fiber internet, trash (in Meridian park and Shadow Mesa)
Looking for an easy investment property? New townhouse . 1 miles (550 ft) from CMU, closer than some dorms! 4 bed, 3 bath, 2 car garage with storage and rooftop deck at 1662 sq ft. Listing is for all 3 units of the 5 unit building, fully rented. May rents $3375(fiber/water/sewer/trash) per unit for a total of $9975/month for all 3. Cap Rate 5.86%. Easy to maintain, HOA takes care of all landscaping and snow removal as well as the monthly bill for a DEDICATED 1G FIBER internet line to each unit. Superior Energy Efficiency - these townhouses are DOE Zero Energy Ready and Energy Star certified with avg electric bills of $100. No gas, no combustibles, fresh air fans, improved air quality, heat