Multifamily Property with Detached
For Sale
$683,000
236 Gunnison Avenue, Grand Junction, CO 81501
Updated main residence plus two additional living spaces, including a detached ADU and a private-entry lower-level unit.
Property Size1,978 SF
Price / SF$345.30
Days on Market50
Property Features for 236 Gunnison Avenue
General Information
Standard status
Active
Size
1,978 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$27,000
Building Details
Year Built
1939
Listing Agency:
RE/MAX 4000, INC
Listed By:
Jim Brunswick - The Brunswick Team · License #240
(970) 640-4322
Source:
Buygrandjunctionco
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 30 at 11:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 4000, INC
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Investment Insights
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Built in 1939, this multifamily property includes three distinct living spaces. The updated main-level residence offers 2 bedrooms and 2 bathrooms, while the lower-level space has a private entrance, 1 bedroom, 1 bathroom, and a kitchenette. Its basement bedroom is non-conforming because of an existing non-egress window. A detached ADU provides another 1-bedroom, 1-bathroom living space with a kitchenette.
Two of the secondary spaces are currently occupied, and both tenants have expressed interest in remaining. The property supports a range of multigenerational and owner-occupant arrangements while retaining separate living areas. Its Downtown Grand Junction setting provides access to Colorado Mesa University, restaurants, shopping, parks, and entertainment.
Two of the secondary spaces are currently occupied, and both tenants have expressed interest in remaining. The property supports a range of multigenerational and owner-occupant arrangements while retaining separate living areas. Its Downtown Grand Junction setting provides access to Colorado Mesa University, restaurants, shopping, parks, and entertainment.
Key Highlights
- Three distinct living spaces, including an updated 2‑bedroom, 2‑bathroom main residence
- Detached ADU with 1 bedroom, 1 bathroom, and kitchenette
- Lower‑level unit includes a private entrance, 1 bedroom, 1 bathroom, and kitchenette
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,537
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?
Multifamily property - Updated main residence plus two additional living spaces, including a detached ADU and a private-entry lower-level unit.
Where is this multifamily property located?
The property is located at 236 Gunnison Avenue Grand Junction, CO.
What is the asking price?
The asking price for this property is $683,000.
What are key features of this property?
This property features: Three distinct living spaces, including an updated 2‑bedroom, 2‑bathroom main residence; Detached ADU with 1 bedroom, 1 bathroom, and kitchenette; Lower‑level unit includes a private entrance, 1 bedroom, 1 bathroom, and kitchenette
