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581 W Indian Creek Drive Grand Junction, CO 81501

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For Sale
$1,699,000

MULTI_FAMILY - Grand Junction, CO

Property size:
6,266 SF
Lot size:
0.08 Acres
Added:
Jul 14, 2025
Days on Market:
281
Last Refresh:
Apr 20 at 6:06 pm

Property Features for 581 W Indian Creek Drive

General Information

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

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
7412

Utilities

Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

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

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Listing Contact
Cory Carlson
Cory Carlson

Listing agent Cory Carlson License #100087222

Listing office VENTURE GROUP 627 24 1/2 RD UNIT D, GRAND JUNCTION, CO

Listing date Jul 14, 2025

MLS# 20253883 Listing URL

Copyright © 2026 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 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 Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

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 W Indian Creek Drive 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.
More about this property
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