Multifamily

Grand Junction, CO Multifamily Properties for Sale

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28 properties
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Two-Home Multifamily Property
Updated: Sep 30
Two-Home Multifamily Property

2208 Mudgett Street, Grand Junction, CO 81507

$765,000
2,380 sqft 0.89 AC lot
Two homes on 0.89 acres
2380 square feet of property size
Primary home: 2 bedrooms, 2 bathrooms, attached 2‑car garage
Additional home: 3 bedrooms, 2 bathrooms, detached 2‑car garage
Built in 2000; served by public water
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Six-Unit Apartment Building
Updated: Jul 16
Six-Unit Apartment Building

626 N 7th Street, Grand Junction, CO 81501

$850,000
4,261 sqft 0.24 AC lot
Six apartments within a 4,261‑square‑foot building
Two dorm‑style apartments share a bathroom
All units currently rented month to month
Newer furnace, updated hot water, and new septic line
0.24‑acre lot with driveway and guest parking
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3-Unit Triplex with ADU
3-Unit Triplex with ADU

236 Gunnison Avenue, Grand Junction, CO 81501

$683,000
1,978 sqft 0.17 AC lot

Includes a two-bedroom main residence plus two one-bedroom secondary living spaces with kitchenettes.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Multifamily Property with Detached ADU
Multifamily Property with Detached ADU

236 Gunnison Avenue, Grand Junction, CO 81501

$683,000
1,978 sqft

Updated main residence plus two additional living spaces, including a detached ADU and a private-entry lower-level unit.

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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

558 Garfield Drive, Grand Junction, CO 81504

$635,000
3,824 sqft 0.25 AC lot

Four-unit multifamily property with select interior updates, established tenancy, and natural-gas forced-air heating.

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Four-Unit Property with Workshop
Four-Unit Property with Workshop

902 Ouray Avenue, Grand Junction, CO 81501

$749,000
3,464 sqft 0.14 AC lot

Four residential units include remodeled interiors, with a separate shop and overhead doors on site.

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Updated 4-Unit Quadplex
Updated 4-Unit Quadplex

2045 Bunting Avenue, Grand Junction, CO 81501

$719,000
2,989 sqft 0.20 AC lot

Four occupied residences include private laundry, fenced outdoor areas, and a separate storage building.

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Six-Unit Apartment Building
Six-Unit Apartment Building

626 N 7th Street, Grand Junction, CO 81501

$850,000
4,261 sqft

Downtown multifamily property with flexible unit configurations, month-to-month occupancy, and recent mechanical and septic improvements.

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Duplex with Attached ADU
Duplex with Attached ADU

1615 N 20th Street, Grand Junction, CO 81501

$379,900
1,034 sqft 0.20 AC lot

Two occupied residences combine updated interiors with a garage, shop, and fenced yard.

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Stucco Ranch Duplex
Stucco Ranch Duplex

2348 Carolina Drive, Grand Junction, CO 81507

$795,000
2,778 sqft 0.49 AC lot

Two mirrored residences provide private yards, covered patios, garages, and separate living areas.

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Duplex with Attached ADU
Duplex with Attached ADU

1615 N 20th Street, Grand Junction, CO 81501

$379,900
1,034 sqft 0.20 AC lot

Two occupied residences pair updated interiors with garage and shop space.

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12-Unit Apartment Building
12-Unit Apartment Building

501 Independent Avenue, Grand Junction, CO 81505

$2,900,000
17,259 sqft 0.16 AC lot

Exterior improvements include siding, roofing, stairs, sprinklers, and insulation.

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Duplex with Oversized Garage
Duplex with Oversized Garage

2009 Aspen Street, Grand Junction, CO 81503

$189,999
1,144 sqft 0.19 AC lot

Ranch-style duplex with month-to-month tenancy and an on-site washer and dryer setup.

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Updated Multifamily Property
Updated Multifamily Property

2430 Bunting Avenue, Grand Junction, CO 81501

$355,000
1,688 sqft

Multifamily asset with upgraded systems and individual mini-split units.

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Upgraded Duplex with Mini-Splits
Upgraded Duplex with Mini-Splits

2430 Bunting Avenue, Grand Junction, CO 81501

$355,000
1,688 sqft 0.16 AC lot

Ranch-style duplex with updated sewer infrastructure and dedicated mini-split systems serving each unit.

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

1011 Belford Avenue, Grand Junction, CO 81501

$459,000
1,904 sqft 0.14 AC lot

Two separately metered residences with refreshed interiors, on-site laundry, and an open patio near downtown and the university.

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Two-Unit Duplex with Patio
Two-Unit Duplex with Patio

430 Ouray Avenue, Unit A & B, Grand Junction, CO 81501

$389,000
1,220 sqft

Includes one two-bedroom unit and one one-bedroom unit with separate full bathrooms.

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Ranch Duplex with Patio
Ranch Duplex with Patio

430 Ouray Avenue, Grand Junction, CO 81501

$389,000
1,220 sqft

Separate one- and two-bedroom layouts are positioned near shopping and schools.

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MULTI_FAMILY - Other - Grand Junction, CO
MULTI_FAMILY - Other - Grand Junction, CO

1011 Belford Ave, Grand Junction, CO 81501

$490,000
1,904 sqft 0.14 AC lot

Side-by-side duplex with separate utilities, two bedrooms-per-unit layouts, and on-site laundry for straightforward rental management.

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Victorian Duplex with Two-Car Garage
Victorian Duplex with Two-Car Garage

605 Chipeta Avenue, Grand Junction, CO 81501

$409,000
1,762 sqft 0.14 AC lot

Separate upstairs access, multiple living areas, decks, gardens, and an alley-access garage add practical flexibility.

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Victorian Duplex with Two-Car Garage
Victorian Duplex with Two-Car Garage

605 Chipeta Avenue, Grand Junction, CO 81501

$409,000
1,762 sqft

Two separately entered units support an owner-occupant arrangement with rental income from the other residence.

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Modern Four-Unit Quadplex
Modern Four-Unit Quadplex

581 W Indian Creek Drive, Grand Junction, CO 81501

$1,636,000
6,266 sqft 0.08 AC lot

Four townhomes built in 2022 provide contemporary layouts, attached garages, and a mix of leased and available units.

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MULTI_FAMILY - Other - Grand Junction, CO
MULTI_FAMILY - Other - Grand Junction, CO

744 Colorado Ave, Grand Junction, CO 81501

$399,000
2,360 sqft 0.14 AC lot

Two refreshed units feature hardwood floors, enclosed porches, and individually fenced outdoor areas.

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Fenced Commercial Development Land
Fenced Commercial Development Land

697 27 1/2 Court, Grand Junction, CO 81506

$695,000
0.93 AC lot

Fenced commercial parcel with public water and two existing homes.

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Grand Junction, CO Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Grand Junction, CO, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 81,893 square feet of properties for sale, with an estimated market value of $17,727,299.

Sale prices for multifamily properties in Grand Junction, CO start at $189,999, averaging $656,566, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 13
Apartment buildings 4
Quadplexes 4
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 112K
Population Growth (5Y) +6.4%
Median Household Income $72,757
College Educated 40.7%

High-Yield Neighborhoods for Investment

Identify Grand Junction submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81503 $195K
81501 $583.6K
81506 $695K
81504 $757.5K
81507 $795K

Taxes & Financing

Tax Rate (average for all types) 6.95%
Property Tax per SF $95.50 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mesa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Mesa County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Grand Junction fall within the 100,000+ square foot range.

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