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    581 6Th St Grand Junction, CO 81501

    For Sale
    $1,699,000

    MULTI_FAMILY - Grand Junction, CO

    Property size:
    6,266 SF
    Lot size:
    0.08 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 581 6Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 4, Bathroom 8, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 11, Bedroom 5, Bedroom 12, Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 7, Bathroom 9, Bathroom 5, Bedroom 10, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 7, Bedroom 9
    Bedrooms
    12
    Bathrooms
    9
    APN
    2943-071-81-007
    Patio and Porch features
    Patio
    Interior features
    CeilingFans, Pantry, WalkInClosets, WalkInShower
    Appliances
    Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, Disposal, Microwave, Refrigerator, RangeHood, Washer
    Size
    6,266 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2022
    Number of units
    4
    Flooring type
    Vinyl, Carpet
    Building materials
    Stone, Stucco, WoodFrame
    Roof type
    Composition, Asphalt

    VENTURE GROUP (970) 778-0796

    Listing agent Cory Carlson (970) 261-9311

    Listing date Nov 2, 2025

    Overview

    Grand Junction Townhome Investment Opportunity

    This is an investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units 2, 4, 5, & 6. The property has a 5.7% Cap Rate. Two of the four units are leased on 1-year terms, offering an income-producing asset in a strong rental market. The units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with a nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in-unit washers and dryers. All units come with attached 2-car garages. The property size is 6266 Square Feet and the lot size is 0.08 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -108.519556
    Latitude
    39.088919

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    FAQs

    What type of property is this?
    Quadplex - Four modern townhomes built in 2022, generating income.
    Where is this quadplex located?
    The property is located at 581 6Th St Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - Income-producing investment opportunity with a solid 5.7% Cap Rate.; - Four modern townhomes built in 2022.; - All units feature essential appliances and in-unit washers and dryers.
    (970) 261-9311
    Request Owner's contact information
    581 6Th St 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
    581 6Th St Grand Junction, CO 81501
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