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    Grand Junction, CO Multifamily Properties for Sale

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    MULTI_FAMILY - Other - Grand Junction, CO
    Updated: May 27, 2025
    MULTI_FAMILY - Other - Grand Junction, CO

    744 Colorado Ave, Grand Junction, CO 81501

    $399,000
    2,360 sqft 0.14 AC lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    744 Colorado Ave, Grand Junction, CO 81501

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $335K
      Suggested

    • Property Type

      Duplex
      Built 1900
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    Quadplex with Storage Building
    Updated: Jul 15
    Quadplex with Storage Building

    2045 Bunting Avenue, Grand Junction, CO 81501

    $739,000
    2,989 sqft 0.20 AC lot
    Four‑unit quadplex with 2,989 square feet on 0.2 acres
    Five‑unit storage building: four tenant spaces plus one owner/maintenance unit
    Fully leased with a 7.31% current cap rate and 8.22+% pro forma cap rate
    Each unit includes a fenced yard area and private laundry service
    Gas and electric utilities are separately metered
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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 0.24 AC lot

    Month-to-month occupancy, plentiful parking, and updated mechanical systems support flexible residential leasing in downtown Grand Junction.

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    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    558 Garfield Drive, Grand Junction, CO 81504

    $650,000
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Ranch-Style Duplex with Garages
    Ranch-Style Duplex with Garages

    2348 Carolina Drive, Grand Junction, CO 81507

    $795,000
    2,778 sqft 0.49 AC lot

    Two mirrored residences each include private outdoor space and central air.

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    Two-Story Duplex with Private Yard
    Two-Story Duplex with Private Yard

    3140 Snake River Drive, Grand Junction, CO 81504

    $699,900
    3,025 sqft 0.18 AC lot

    Modern townhouse-style residences include open layouts, patios, central air, and public water service.

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

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

    $395,000
    1,220 sqft

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

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    Two-Unit Duplex with Backyard
    Two-Unit Duplex with Backyard

    1038 Rood Avenue, Grand Junction, CO 81501

    $475,000
    2,332 sqft

    Two-unit residential property with one leased unit, one vacant unit, and distinct two-story and single-level layouts.

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    New Construction Duplex with Garages
    New Construction Duplex with Garages

    599 & 598 Treviso Court, Grand Junction, CO 81501

    $790,000
    2,934 sqft

    Two townhome units offer low-maintenance layouts, private garages, modern finishes, and access to an upcoming recreation center.

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    Updated Multifamily Property
    Updated Multifamily Property

    2430 Bunting Avenue, Grand Junction, CO 81501

    $370,000
    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

    $370,000
    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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    5-Unit Apartment Building
    5-Unit Apartment Building

    588 N Grand Falls Court, Grand Junction, CO 81501

    $2,850,000
    10,321 sqft 0.03 AC lot

    Under-construction townhome apartments feature modern finishes, private outdoor areas, and flexible ground-floor living space.

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

    1011 Belford Avenue, Grand Junction, CO 81501

    $485,000
    1,904 sqft 0.14 AC lot

    Two residential units offer separate electric and water metering, on-site laundry, and an open patio near campus and downtown.

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    Furnished Duplex with 3-Car Garage
    Furnished Duplex with 3-Car Garage

    1460 MAIN ST, Grand Junction, CO 81501

    Contact for pricing
    2,047 sqft

    Two furnished residences offer flexible occupancy options in a downtown setting with outdoor areas, parking, and additional storage.

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    Quadplex with Refreshed Unit
    Quadplex with Refreshed Unit

    2931 Paula Lane, Grand Junction, CO 81504

    $950,000
    6,642 sqft 0.27 AC lot

    Four-unit income property with assigned parking, patios, public water, and one residence refreshed with paint, carpet, and LVP.

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    Ranch-Style Duplex
    Ranch-Style Duplex

    3006 1/2 3018 Oakwood Drive, Grand Junction, CO 81504

    $1,190,085
    6,103 sqft 0.10 AC lot

    Each residence provides three bedrooms, two bathrooms, a patio, and forced-air heating.

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    Residential Duplex Investment Opportunity
    Residential Duplex Investment Opportunity

    3006 1/2 Oakwood Dr, Grand Junction, CO 81504

    Contact for pricing
    6,103 sqft

    Duplex with excellent rental history, built in 2006.

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    Duplex with Oversized Garage
    Duplex with Oversized Garage

    2009 Aspen Street, Grand Junction, CO 81503

    $199,000
    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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    Two-Unit Duplex
    Two-Unit Duplex

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

    $389,000
    1,220 sqft

    Separate residences include one- and two-bedroom layouts with one bathroom in each unit.

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    Ranch Duplex with Two Units
    Ranch Duplex with Two Units

    3006 1/2 Oakwood Drive, Grand Junction, CO 81504

    $596,310
    3,058 sqft 0.10 AC lot

    Two residences offer matching three-bedroom, two-bathroom layouts with patio space and essential household appliances.

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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 31 active listings on our real estate platform. These investment opportunities span a total of 113,020 square feet of properties for sale, with an estimated market value of $22,381,070.

    Sale prices for multifamily properties in Grand Junction, CO start at $199,000, averaging $799,323, 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 17
    Apartment buildings 6
    Quadplexes 6
    Short term rental properties 4

    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
    81501 $774.1K
    81507 $795K
    81506 $853.8K
    81504 $875K
    81505 $2.9M

    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

    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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    Most Searched ZIP Codes in Grand Junction, CO

    • 81501
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    Featured Grand Junction Real Estate Agencies

    Realmo connects you with licensed Grand Junction CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Heiden Homes Realty & Associates
    735 Rood Avenue Grand Junction, CO 81501
    Phone: 19702457777
    www.HeidenHomes.com

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