945 Colorado Avenue, Grand Junction, CO 81501
Local realty services provided by:ERA New Age



945 Colorado Avenue,Grand Junction, CO 81501
$499,999
- 4 Beds
- 2 Baths
- 2,141 sq. ft.
- Multi-family
- Active
Listed by:nicole metiva
Office:coldwell banker distinctive properties
MLS#:20253930
Source:CO_GJARA
Price summary
- Price:$499,999
- Price per sq. ft.:$233.54
About this home
Fully Remodeled Duplex, a prime Downtown Grand Junction investment! Wonderfully maintained and fully remodeled duplex in the heart of Downtown Grand Junction, CO, zoned RO (Residential/Office) for outstanding flexibility. Each unit offers 2 bedrooms, 1 bathroom, a ranch-style layout with basement, and has been upgraded from top to bottom. Both sides feature central air units, new furnaces, new roof, new flooring, fresh paint, updated fixtures, fully renovated kitchens and bathrooms, brand-new appliances, plus new electrical and plumbing throughout. But let's not forget the vintage, original hard wood flooring shines throughout. Every detail has been addressed, making this a low-maintenance, turn-key investment. Each unit includes one bay of the 3-car detached garage (3rd bay can be used for storage or rent this out as well) plus two off-alley parking spaces (can be used for RV parking). All kitchen appliances, washers, and dryers stay in each unit for tenant convenience. This property has tenants who have never paid rent late (in fact, they pay early) and are currently at market value, ensuring reliable cash flow from day one. Both units are rented and tenants can stay in place. Located just steps from downtown shops, restaurants, and entertainment, tenants will love the weekly farmers market, art galleries, live music, and year-round community events. Outdoor enthusiasts will appreciate easy access to world-class hiking, biking, skiing, the Colorado River, and the scenic beauty of the Grand Mesa—all just minutes away. This is a rare chance to own a fully updated, income-producing property in one of Grand Junction’s most vibrant and desirable locations.
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Home facts
- Year built:1927
- Listing Id #:20253930
- Added:1 day(s) ago
- Updated:August 14, 2025 at 10:42 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,141 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Composition
- Year built:1927
- Building area:2,141 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Grand Junction
- Middle school:East
- Elementary school:Chipeta
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$499,999
- Price per sq. ft.:$233.54
- Tax amount:$1,970 (2025)
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