1290 Walnut Avenue, Grand Junction, CO 81501

Local realty services provided by:ERA New Age
1290 Walnut Avenue,Grand Junction, CO 81501
$425,000
  • 2 Beds
  • 1 Baths
  • 1,374 sq. ft.
  • Single family
  • Pending
Listed by: cory carlson
Office: venture group
MLS#:20254741
Source:CO_GJARA

Price summary

  • Price:$425,000
  • Price per sq. ft.:$309.32

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!

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Home facts

  • Year built:1956
  • Listing ID #:20254741
  • Added:134 day(s) ago
  • Updated:February 11, 2026 at 08:12 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,374 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Floor Furnace

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:1956
  • Building area:1,374 sq. ft.
  • Lot area:0.41 Acres

Schools

  • High school:Grand Junction
  • Middle school:West
  • Elementary school:Tope

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$309.32

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