Duplex with Two Living
New
For Sale
$409,900
1925 N 9th Street, Grand Junction, CO 81501
Residential, Grand Junction, CO
Property Size1,988 SF
Lot Size0.21 Acres
Price / SF$206.19
Days on Market6
Property Features for 1925 N 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RMF
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Basement, Bathroom 1, Bedroom 1
Parking features
RV
Patio and Porch features
Deck
Interior features
CeilingFans, LaminateCounters
Appliances
Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, Refrigerator, Washer
Subdivision
College
Elementary school
Tope
Middle school
West
High school
Grand Junction
Directions
South on 7th Street, East on Orchard Avenue, North on 9th Street.
Standard status
Active
APN
2945-111-07-015
Size
1,988 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1745
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1943
Floors in Building
1
Number of units
2
Flooring type
Carpet, Hardwood, Vinyl, Laminate
Building materials
WoodSiding, WoodFrame
Roof type
Asphalt, Composition
Architectural style
Ranch
Listing Agency:
RE/MAX 4000, INC
(970) 241-4000
Listed By:
Mandy Harter · License #FA100021147
(970) 623-9400
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 31 at 10:06AM
MLS# 20265319
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.
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Investment Insights
Based on property information with market context.
This 1,988-square-foot ranch-style duplex, built in 1943, contains two separate apartments on a 0.21-acre parcel. The upper unit has two bedrooms and one bathroom; the lower unit has one bedroom and one bathroom. Interior features include ceiling fans and laminate counters, with a mix of vinyl, hardwood, carpet, and laminate flooring. A deck and RV parking are also part of the property, and the home has public water service.
The property is directly across from Colorado Mesa University, with downtown Grand Junction and recreational trails also identified nearby. Appliances include a washer, dryer, dishwasher, electric oven, electric range, refrigerator, and disposal. Heating is forced air, and cooling is provided by window units.
The property is directly across from Colorado Mesa University, with downtown Grand Junction and recreational trails also identified nearby. Appliances include a washer, dryer, dishwasher, electric oven, electric range, refrigerator, and disposal. Heating is forced air, and cooling is provided by window units.
Key Highlights
- Two separate apartments: upper unit has 2 bedrooms and 1 bathroom; lower unit has 1 bedroom and 1 bathroom
- 1,988 square feet on a 0.21‑acre parcel
- Built in 1943; ranch architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,772
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,440
$395.4K
Cap Rate 7%
$282,457
$282.5K
Cap Rate 9%
$219,689
$219.7K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$30.5K $15.36/SF
− Vacancy
−$2.3K −$1.15/SF
EGI
$28.2K $14.21/SF
− OpEx
−$8.5K −$4.26/SF
NOI
$19.8K $9.95/SF
Area
Mesa County, CO
Vacancy
7.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,440
Cap Rate 7%
$282,457
Cap Rate 9%
$219,689
Alternative Uses
Best Use
Multifamily LT 5
$282.5K
$247.2K – $329.5K
NOI $19,772 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$259.4K
$227.0K – $302.6K
NOI $18,156 @ 7.0% cap · market cap 4.43%
Theoretical Best
Healthcare Medical
$3.77M
$3.30M – $4.40M
NOI $264,086 @ 7.0% cap · market cap 64.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,259
Businesses Nearby
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Business Placement
Demographics for 81501, CO
23,935
Population
11,524
Households
2.1
Avg Household Size
33
Median Age
27%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
2,751
Density / Sq Mi
$48,500
Median Household Income
$32,160
Median Earnings
$974
Median Rent
$283,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower apartments provide distinct layouts, with a two-bedroom plan above and a one-bedroom plan below.
Where is this duplex located?
The property is located at 1925 N 9th Street Grand Junction, CO.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Two separate apartments: upper unit has 2 bedrooms and 1 bathroom; lower unit has 1 bedroom and 1 bathroom; 1,988 square feet on a 0.21‑acre parcel; Built in 1943; ranch architectural style
