Ranch Duplex with RV
2348 Carolina Drive Grand Junction, CO 81507
For Sale
$795,000
MULTI_FAMILY - Ranch - Grand Junction, CO
Property Size2,778 SF
Lot Size0.49 Acres
Price / SF$286.18
Days on Market49
Property Features for 2348 Carolina Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4
Parking features
RV, Open
Patio and Porch features
Patio
Interior features
CeilingFans, LaminateCounters, Pantry, WalkInClosets
Exterior features
SprinklerIrrigation
Appliances
Dishwasher, ElectricOven, ElectricRange, Disposal, Microwave, Refrigerator
Standard status
Active
APN
2945-172-10-003
Size
2,778 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2883
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2014
Floors in Building
1
Number of units
2
Flooring type
Carpet, Laminate, Tile, Simulatedwood
Building materials
Stucco, WoodFrame
Roof type
Composition, Asphalt
Architectural style
Ranch
Listing Agency:
RE/MAX 4000, INC
(970) 241-4000
Listed By:
Lori Maser Jones
(970) 201-8000
Added: Jun 11
Changed: Jul 26
Last Checked: Jul 29 at 6:06AM
MLS# 20262792
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.
Well cared for stucco ranch-style duplex situated on 0.49 acres. The property has two mirrored units, each offering 3 bedrooms, 2 baths, and a 2-car garage, with separate yard space and outdoor privacy features. Each unit includes a covered patio, privacy fence, RV parking, central air, a split-bedroom design, and an open-concept living area with hardwood laminate flooring. The interior photos provided are for Unit #1, the right-side unit, and the floor plan for the other unit is the same layout mirrored.
Located in the Redlands area of Grand Junction, Colorado, the setting is described as tucked away on nearly half an acre. The configuration supports multiple living arrangements, including an owner-occupant scenario or renting both sides for income.
For buyers who want two self-contained homes with nearby proximity, this duplex provides a garage, yard, and patio for each unit while keeping the overall footprint and layout consistent from side to side.
Located in the Redlands area of Grand Junction, Colorado, the setting is described as tucked away on nearly half an acre. The configuration supports multiple living arrangements, including an owner-occupant scenario or renting both sides for income.
For buyers who want two self-contained homes with nearby proximity, this duplex provides a garage, yard, and patio for each unit while keeping the overall footprint and layout consistent from side to side.
Key Highlights
- 2014 ranch‑style duplex with 2 identical units, each with its own yard, covered patio, and privacy fence
- Each unit offers 3 bedrooms, 2 bathrooms, and 1,389 SF with a split‑bedroom design and open‑concept living
- Central air and forced‑air natural gas heating in both units
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 | $42.7k | $15.36 |
| − Vacancy | −$3.2k | −$1.15 |
| EGI | $39.5k | $14.21 |
| − OpEx | −$11.8k | −$4.26 |
| NOI | $27.6k | $9.95 |
2,778 SF · lease $15.36/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$394.7K
$345.4K – $460.5K
NOI $27,629 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$362.4K
$317.1K – $422.9K
NOI $25,371 @ 7.0% cap · market cap 3.19%
Theoretical Best
Healthcare Medical
$5.27M
$4.61M – $6.15M
NOI $369,030 @ 7.0% cap · market cap 46.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Stucco ranch duplex with two mirrored units, each with 3 beds, 2 baths, and a 2-car garage.
Where is this duplex located?
The property is located at 2348 Carolina Drive Grand Junction, CO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 2014 ranch‑style duplex with 2 identical units, each with its own yard, covered patio, and privacy fence; Each unit offers 3 bedrooms, 2 bathrooms, and 1,389 SF with a split‑bedroom design and open‑concept living; Central air and forced‑air natural gas heating in both units
