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    Grand Junction, CO
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    Grand Junction, CO Residential Income Properties for Sale

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    Apartment Complex with Attached Garages
    Updated: May 4
    Apartment Complex with Attached Garages

    501 Independent Avenue, Grand Junction, CO 81505

    $2,900,000
    17,259 sqft 0.16 AC lot
    12‑unit apartment complex built in 2001 with nine 3 bed/2 bath and three 2 bed/2 bath units
    Each unit has an attached garage space and includes washer/dryer hookups
    Units come with an electric range/oven, refrigerator, and dishwasher
    Recent updates cited include new siding, roofing, stairs, fire sprinkler systems, and improved insulation
    Public water service; hot water heating with natural gas and baseboard heat
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    This listing looks promising.

    Here's a quick look at some key insights for

    501 Independent Avenue, Grand Junction, CO 81505

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $158K
      Annual

    • Price @ 7% Cap

      $2.25M
      Suggested

    • Property Type

      Apartments (Generic)
      Built 2001
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    Leased 4-Unit Residential Income
    Updated: Jul 15
    Leased 4-Unit Residential Income

    2045 Bunting Avenue, Grand Junction, CO 81501

    $739,000
    2,989 sqft 0.20 AC lot
    Fully leased 4plex with a current cap rate of 7.31% and pro‑forma cap rate of 8.22+%
    New exterior paint; all new showers throughout; 2 of the 4 units remodeled in the last couple of years with new paint, flooring, fixtures, vanities, showers, and countertops
    Separate storage building included with 5 storage units (one per tenant plus one for owner/maintenance)
    Each tenant has a fenced yard space and private laundry services for washer/dryers, plus plenty of parking on the property
    Gas/electric separately metered; natural gas heating; roof is asphalt/composition
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    Two-Story Duplex with Private Balcony
    Two-Story Duplex with Private Balcony

    665 Tilman Drive, Grand Junction, CO 81506

    $680,000
    2,333 sqft 0.24 AC lot

    Brand-new two-story duplex with three upstairs bedrooms, bonus flex room, office, and private balcony.

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    Two-Story Duplex Residence
    Two-Story Duplex Residence

    665 Tilman Drive, Grand Junction, CO 81506

    $680,000
    2,333 sqft 0.24 AC lot

    Brand-new two-story duplex with upstairs bedrooms, bonus flex room, and a fenced yard with balcony.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    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

    Six apartments with two dorm-style units and all units rented month to month, plus recent mechanical updates.

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    Ranch Duplex with RV Parking
    Ranch Duplex with RV Parking

    2348 Carolina Drive, Grand Junction, CO 81507

    $795,000
    2,778 sqft 0.49 AC lot

    Stucco ranch duplex with two mirrored units, each with 3 beds, 2 baths, and a 2-car garage.

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    Duplex With Two Attached Garages
    Duplex With Two Attached Garages

    665 Tilman Drive, Grand Junction, CO 81506

    $1,360,000
    4,666 sqft 0.24 AC lot

    Each two-story side offers three bedrooms, a bonus flex room, and attached two-car garage parking.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    936 Teller Avenue, Grand Junction, CO 81501

    $439,000
    2,052 sqft

    Two residential units include a detached ADU with alley access; main unit features multi-level living and a private yard deck.

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    Duplex Built 2006
    Duplex Built 2006

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

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

    Duplex for sale with two 3-bedroom, 2-bath units built in 2006, plus APOD available.

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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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    Two-Story Duplex with Corner-Lot
    Two-Story Duplex with Corner-Lot

    3140 Snake River Drive, Grand Junction, CO 81504

    $730,000
    3,025 sqft 0.18 AC lot

    Built in 2017, this two-story duplex offers private backyard space and each side on its own tax parcel.

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    Grand Junction Duplex Investment Property
    Grand Junction Duplex Investment Property

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

    $596,310
    3,058 sqft 0.10 AC lot

    Residential investment duplex with excellent rental history in Grand Junction.

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    Tri-Plex Residential Income Property
    Tri-Plex Residential Income Property

    1755 Wellington Avenue, Grand Junction, CO 81501

    $125,000

    Triplex lots with foundations in place, offering ranch-style designs with owners suite and walk-out lower levels.

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    Downtown Grand Junction Triplex
    Downtown Grand Junction Triplex

    236 Gunnison Avenue, Grand Junction, CO 81501

    $719,950
    1,978 sqft 0.17 AC lot

    Triplex near CMU with permitted, high-end remodels and long-term tenants.

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    Downtown Duplex with Two 1-Bed Units
    Downtown Duplex with Two 1-Bed Units

    1038 Rood Avenue, Grand Junction, CO 81501

    $475,000
    2,332 sqft

    Two 1-bedroom duplex units, one two-story with two baths; the other single-level with 1 bath.

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    Six-Unit Residential Income Property
    Six-Unit Residential Income Property

    828 Grand Ave, Grand Junction, CO 81501

    Contact for pricing

    Six-unit multifamily asset available for sale in Grand Junction, CO.

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    New Construction Duplex Townhome Units
    New Construction Duplex Townhome Units

    599 & 598 Treviso Court, Grand Junction, CO 81501

    $799,995
    2,934 sqft

    Each side offers three bedrooms, two-and-a-half baths, and an attached two-car garage.

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    Grand Junction Duplex Investment Property
    Grand Junction Duplex Investment Property

    3018 Oakwood Drive, Grand Junction, CO 81504

    $593,775
    3,045 sqft 0.10 AC lot

    Residential investment duplex with excellent rental history in Grand Junction.

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    New Construction Townhomes with Views
    New Construction Townhomes with Views

    588 N Grand Falls Court, Grand Junction, CO 81501

    $2,475,000
    10,321 sqft 0.03 AC lot

    Five modern townhomes with quality finishes and incredible views.

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    Downtown Duplex with Two Units
    Downtown Duplex with Two Units

    430 Ouray Avenue, Grand Junction, CO 81501

    $395,000
    1,220 sqft

    Well-maintained duplex with a 2-bedroom and a 1-bedroom unit, located near shopping and schools in Grand Junction.

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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    1011 Belford Avenue, 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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    Residential Development Land with Home
    Residential Development Land with Home

    571 29 Road, Grand Junction, CO 81504

    $559,900
    1,885 sqft 2.21 AC lot

    A 2+ acre parcel with a livable ranch home, in-law suite, and detached garage with shop/office plus equipment sheds.

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    Residential Income Property with Four Homes
    Residential Income Property with Four Homes

    215 Shadow Mesa Street, Grand Junction, CO 81503

    $1,650,000
    6,159 sqft 0.11 AC lot

    Four newly built, individually deeded rental homes leased through mid-2026 with tenant-paid utilities and HOA-managed services.

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    Grand Junction, CO Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Grand Junction, CO, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 123,662 square feet of properties for sale, with an estimated market value of $31,546,100.

    Sale prices for residential income properties in Grand Junction, CO start at $125,000, averaging $955,942, and reaching up to $4,035,000 — 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

    Multifamily properties 29
    Duplexes 17
    Apartment buildings 6
    Single family properties 6
    Quadplexes 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 $818.9K
    81504 $841.4K
    81507 $897.5K
    81506 $901.7K
    81503 $2.6M

    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)

    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
    • 81504
    • 81506
    • 81503
    • 81505
    • 81507

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