1038 Rood Avenue, Grand Junction, CO 81501

Grand Junction
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
1038 Rood Avenue,Grand Junction, CO 81501
$475,000
  • 2 Beds
  • 3 Baths
  • 2,332 sq. ft.
  • Multi-family
  • Pending
Listed by: kathleen haas
Office: colorado realty 4 less, llc.
MLS#:20263469
Source:CO_GJARA

Price summary

  • Price:$475,000
  • Price per sq. ft.:$203.69

About this home

Exceptional downtown duplex just blocks from Main Street, offering immediate income and future upside. This well-maintained and updated property features two 1-bedroom units with stable long-term tenants on 1 side and vacant on the other. One unit offers a spacious two-story layout with 2 bathrooms, while the second provides a comfortable single-level 1 bed/1 bath. Situated on a generous lot with a large backyard, this property stands out for its potential to add an Accessory Dwelling Unit (ADU)—a rare opportunity in one of Grand Junction’s most desirable and evolving neighborhoods. Walking distance to downtown and CMU, each unit has an extra room which could be transformed into a 2nd bedroom. I also know some parents of college students are looking too.Whether you are an investor seeking long-term appreciation, or an owner-occupant looking to live in one unit while generating income from the others, this property offers flexibility and upside that is increasingly hard to find...

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Home facts

  • Year built:1900
  • Subdivision & Development:N/A
  • Listing ID #:20263469
  • Added:21 day(s) ago
  • Updated:August 06, 2026 at 08:20 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Hardwood, Vinyl
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Basement:Yes
  • Basement Description:Partial
  • Living area:2,332 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Metal
  • Year built:1900
  • Building area:2,332 sq. ft.
  • Lot Features:Landscaped
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Slab, Stem Wall
  • Levels:2 Story

Schools

  • High school:Grand Junction
  • Middle school:East
  • Elementary school:Chipeta

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$203.69
  • Tax amount:$1,859 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Walk-In Closets

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