3018 Oakwood Drive, Grand Junction, CO 81504
MULTI_FAMILY - Ranch - Grand Junction, CO
- Added:
- Apr 13, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 3018 Oakwood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
- Patio and Porch features
- Patio
- Interior features
- ProgrammableThermostat
- Appliances
- Dishwasher, Refrigerator
- Standard status
- Active
- APN
- 294316397001/002
- Size
- 3,045 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2478
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Stucco, WoodFrame
- Roof type
- Composition, Asphalt
- Architectural style
- Ranch
Listing agent Theresa Englbrecht License #FA100006764 (970) 201-1849
Listing office VENTURE GROUP 627 24 1/2 RD UNIT D, GRAND JUNCTION, CO (970) 892-2200
Listing date Apr 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.
HighLights
- Duplex built in 2006 with a ranch‑style design
- 3‑bedroom, 2‑bath layout on both sides
- Forced‑air heating; programmable thermostat included
- Appliances include dishwasher and refrigerator
- Patio included; stucco and wood‑frame construction
- Public water source; composition/asphalt roofing
Overview
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 | $46.8k | $15.36 |
| − Vacancy | −$3.5k | −$1.15 |
| EGI | $43.3k | $14.21 |
| − OpEx | −$13.0k | −$4.26 |
| NOI | $30.3k | $9.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.492734
- Latitude
- 39.067504
