1011 Belford Avenue Grand Junction, CO 81501
MULTI_FAMILY - Other - Grand Junction, CO
Property Features for 1011 Belford Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
- Patio and Porch features
- Patio
- Interior features
- Pantry, WindowTreatments
- Appliances
- ElectricOven, ElectricRange, Refrigerator
- Standard status
- Active
- APN
- 2945-141-08-002
- Size
- 1,904 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1821
Utilities
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Laminate, Carpet
- Building materials
- Block, WoodSiding
- Roof type
- Composition, Asphalt
- Architectural style
- Other
Listing agent Andrea Haitz (970) 201-3578
Listing office BRAY/COMMERCIAL 1015 N 7TH ST, GRAND JUNCTION, CO (970) 241-2909
Listing date Jun 13, 2026
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.
Investment Insights
Based on property information with market context.
The duplex is situated on a 50 x 125 lot. Public remarks indicate the property is just off 10th Street with easy access to campus and local amenities, placing it within a practical commuting area for renters.
For buyers seeking a manageable, two-unit structure, the separate meters can simplify utility billing and reduce cross-unit complexity. With updates completed and in-unit laundry available on site, the layout supports day-to-day resident needs while keeping the property configuration straightforward for long-term rental operation.
Key Highlights
- Side‑by‑side duplex at 1011 & 1013 Belford Avenue in Grand Junction: total 1,964 sq ft
- 4 bedrooms and 2 bathrooms total across the two units: Unit 1011 has 2 beds, 1.5 baths, 1,020 sq ft; Unit 1013 has 2 beds, 1 bath, 944 sq ft
- Separate electric and water meters for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.2k | $15.36 |
| − Vacancy | −$2.2k | −$1.15 |
| EGI | $27.1k | $14.21 |
| − OpEx | −$8.1k | −$4.26 |
| NOI | $18.9k | $9.95 |
