2698 Milo Drive, Grand Junction, CO 81503

Grand Junction
Local realty services provided by:ERA New Age
2698 Milo Drive,Grand Junction, CO 81503
$779,000
  • 8 Beds
  • 4 Baths
  • 4,080 sq. ft.
  • Multi-family
  • Pending
Listed by: michelle ritter
Office: re/max 4000, inc
MLS#:20261339
Source:CO_GJARA

Price summary

  • Price:$779,000
  • Price per sq. ft.:$190.93

About this home

Current Contract has a Contingency. Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor’s portfolio. Whether you’re looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.

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Home facts

  • Year built:1977
  • Listing ID #:20261339
  • Added:41 day(s) ago
  • Updated:May 07, 2026 at 07:10 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Luxury Vinyl Plank, Tile
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:4,080 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Baseboard, Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:1977
  • Building area:4,080 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Corner Lot, Xeriscape
  • Construction Materials:Wood Frame, Wood Siding
  • Exterior Features:Shed
  • Foundation Description:Stem Wall
  • Levels:2 Story

Schools

  • High school:Grand Junction
  • Middle school:Orchard Mesa
  • Elementary school:Dos Rios

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$779,000
  • Price per sq. ft.:$190.93
  • Tax amount:$2,406 (2025)

Features and amenities

  • Appliances:Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Amenities:Low Emissivity Windows, Window Coverings

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