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    2336 Elm Ave Grand Junction, CO 81501

    For Sale
    $499,900

    MULTI_FAMILY - Other - Grand Junction, CO

    Property size:
    2,864 SF
    Lot size:
    0.17 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 2336 Elm Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    APN
    2945-12-09-020
    Patio and Porch features
    Deck
    Exterior features
    Shed
    Appliances
    Dryer, Dishwasher, ElectricOven, ElectricRange, GasOven, GasRange, Microwave, Refrigerator, RangeHood, Washer
    Size
    2,864 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Hot Water(Heating), Baseboard, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    WoodSiding, WoodFrame
    Roof type
    Composition, Asphalt
    Architectural style
    Other
    Additional Structures
    Shed(s)

    RE/MAX 4000, INC (970) 241-4000

    Listing agent Jan Kimbrough Miller - The Kimbrough Team (970) 250-6781

    Listing date Nov 17, 2025

    MLS# 20253420 Listing URL

    Overview

    Turnkey Duplex Near Colorado Mesa

    This well-maintained duplex is located near Colorado Mesa University. It features two units: Unit 1 has 4 bedrooms and 2 bathrooms, and will be vacant as of August 15, 2025. Unit 2 has 2 bedrooms (1 non-conforming) and 1 bathroom, and will be vacant as of November 17, 2025. The property has a strict no pets and no smoking policy. Major updates within the last 5 years include a new sewer line, roof and gutters, and major mechanical systems (HVAC, etc.). Ample off-street parking is available via alley, plus a small RV pad for the upper unit. The location offers excellent rental demand due to its proximity to CMU, making it ideal for student or faculty housing. The property allows the option to live in one unit and rent the other, or lease both for consistent income. Located in a growing Grand Junction market, this property presents a high cap rate potential. The property is in turnkey condition and offers strong cash flow. The lot size is 0.17 acres and the property size is 2864 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.53731
    Latitude
    39.081225

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near CMU, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 2336 Elm Ave Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Turnkey duplex in prime location near Colorado Mesa University (CMU).; - High income potential with strong rental demand from students and faculty.; - Two units: one 4 bed/2 bath and one 2 bed/1 bath (1 non-conforming).
    (970) 250-6781
    Request Owner's contact information
    2336 Elm Ave Grand Junction, CO 81501
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    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
    2336 Elm Ave Grand Junction, CO 81501
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