2336 Elm Avenue, Grand Junction, CO 81501
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2336 Elm Avenue,Grand Junction, CO 81501
$489,900
- 6 Beds
- 3 Baths
- 2,864 sq. ft.
- Multi-family
- Active
Listed by: jan kimbrough miller - the kimbrough team
Office: the agency grand junction
MLS#:20260501
Source:CO_GJARA
Price summary
- Price:$489,900
- Price per sq. ft.:$171.05
About this home
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 vacant as of 8/15/25 Unit 2: 2 bed (1 non-conforming) / 1 bath vacant as of 11/17/2025. No pets or smoking - ever. Major updates in last 5 years include new sewer line, roof & gutters, major mech systems (HVAC, etc). Ample off-street parking via alley + small RV pad for upper unit. Excellent rental demand due to proximity to CMU - ideal for student or faculty housing. Live in one unit & rent the other, or lease both for consistent income. High cap rate potential in a growing Grand Junction market. Prime location. Turnkey condition. Strong cash flow. Don't miss this low-maintenance, income-generating gem near one of GJ's most desireable rental zones.
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Home facts
- Year built:1910
- Listing ID #:20260501
- Added:41 day(s) ago
- Updated:March 19, 2026 at 02:37 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Vinyl
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:2,864 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt, Composition
- Year built:1910
- Building area:2,864 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Landscaped
- Construction Materials:Wood Frame, Wood Siding
- Exterior Features:Shed
- Levels:2 Story
Schools
- High school:Grand Junction
- Middle school:Bookcliff
- Elementary school:Orchard Avenue
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$489,900
- Price per sq. ft.:$171.05
- Tax amount:$2,000 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Washer
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