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    1840 Rood Ave Grand Junction, CO 81501

    New
    For Sale
    $409,000

    MULTI_FAMILY - Other - Grand Junction, CO

    Property size:
    1,888 SF
    Lot size:
    0.14 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1840 Rood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    2945-133-08-020
    Patio and Porch features
    Deck, Patio
    Exterior features
    SprinklerIrrigation
    Appliances
    Dryer, Dishwasher, ElectricOven, ElectricRange, GasOven, GasRange, Refrigerator, Washer
    Size
    1,888 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Vinyl, Carpet
    Building materials
    Stucco, WoodFrame
    Roof type
    Asphalt, Composition
    Architectural style
    Other

    B.L. REALTY, INC (970) 623-0596

    Listing agent Becky S. Lee (970) 623-0596

    Listing date Dec 3, 2025

    MLS# 20254978 Listing URL

    Copyright © 2025 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Junction Duplex with Income Potential

    This duplex in Grand Junction, Colorado, presents an opportunity for income generation and value enhancement. Its location offers convenient access to St. Mary's Hospital, the VA Hospital, Colorado Mesa University (CMU), and Main Street, as well as Lincoln Park. The property features an upper and lower unit, both designed to maximize natural light. The upper unit includes 3 bedrooms, 1 full bathroom, a dining area, a living room, and a kitchen equipped with a newer electric range/oven. It also provides easy access to the backyard via a simple open deck off the kitchen. Heating is provided by a forced air system, and a window evaporative cooler is installed. The lower unit features 1 bedroom, a spacious living room, a dining area, and a kitchen with a newer gas range/oven. Shared laundry facilities are available. The property includes a shared 2-car garage, front street parking, and 2 off-street alley parking spots near the garage. The generous, fenced-in yard is ready for landscaping. The lot size is 0.14 acres, and the property size is 1888 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.543398
    Latitude
    39.06863145

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    FAQs

    What type of property is this?
    Duplex - Duplex near hospitals and CMU, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 1840 Rood Ave Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $409,000.
    What are key features of this property?
    This property features: - Income-generating duplex in a desirable location.; - Close proximity to St. Mary's Hospital, VA Hospital, CMU, and downtown Grand Junction.; - Upper unit features 3 bedrooms, 1 bath, conventional layout with newer electric range/oven.
    (970) 623-0596
    Request Owner's contact information
    1840 Rood Ave Grand Junction, CO 81501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1840 Rood Ave Grand Junction, CO 81501
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