430 Ouray Avenue Grand Junction, CO 81501
MULTI_FAMILY - Ranch - Grand Junction, CO
Property Features for 430 Ouray Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Basement
- Patio and Porch features
- Patio
- Appliances
- GasOven, GasRange, Microwave, Refrigerator
- Standard status
- Active
- APN
- 2945-142-33-013
- Size
- 1,220 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1462
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1905
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- WoodSiding, WoodFrame
- Roof type
- Asphalt, Composition
- Architectural style
- Ranch
Listing agent Chanel Crumbaugh (970) 640-7404
Listing office CENTURY 21 ELEVATED REAL ESTATE 330 GRAND AVENUE, GRAND JUNCTION, CO (970) 718-9009
Listing date Jul 7, 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 address is 430 Ouray Avenue in Grand Junction, Colorado, in downtown. The location is described as convenient to shopping and schools, supporting tenant accessibility for everyday needs.
For buyers or investors seeking a multi-family asset with established performance, this duplex offers a straightforward two-unit setup with distinct bedroom-and-bath configurations. Showings require at least 48 hours’ notice, which can help coordinate access for occupied tenancies. The property is being offered for sale at $395,000.
Key Highlights
- Duplex in downtown Grand Junction with one 2‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit
- Built in 1905 with wood siding and wood frame construction
- Forced‑air heating, with public water service
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 | $18.7k | $15.36 |
| − Vacancy | −$1.4k | −$1.15 |
| EGI | $17.3k | $14.21 |
| − OpEx | −$5.2k | −$4.26 |
| NOI | $12.1k | $9.95 |
