1270 Walnut Avenue #A, B, C, D, Grand Junction, CO 81507
Local realty services provided by:ERA New Age
1270 Walnut Avenue #A, B, C, D,Grand Junction, CO 81507
$525,000
- 5 Beds
- 4 Baths
- 2,556 sq. ft.
- Multi-family
- Active
Listed by:cory carlson
Office:venture group
MLS#:20254480
Source:CO_GJARA
Price summary
- Price:$525,000
- Price per sq. ft.:$205.4
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.
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Home facts
- Year built:1965
- Listing ID #:20254480
- Added:1 day(s) ago
- Updated:September 12, 2025 at 11:40 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,556 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt, Composition
- Year built:1965
- Building area:2,556 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Grand Junction
- Middle school:West
- Elementary school:Tope
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$205.4
- Tax amount:$2,405 (2025)
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