1615 N 20th Street, Grand Junction, CO 81501
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
1615 N 20th Street,Grand Junction, CO 81501
$379,900
- 3 Beds
- 2 Baths
- 1,034 sq. ft.
- Multi-family
- Active
Listed by: jim brunswick - the brunswick team
Office: re/max 4000, inc
MLS#:20265043
Source:CO_GJARA
Price summary
- Price:$379,900
- Price per sq. ft.:$367.41
About this home
INVESTMENT OPPORTUNITY WITH $30,600 IN ANNUAL GROSS RENTAL INCOME! Welcome to 1615 N 20th Street in central Grand Junction, Colorado, offering two income-producing living spaces, extensive updates, and additional possibilities on a spacious 0.20-acre lot. The 1,034 sq. ft. ranch-style main residence features 2 bedrooms, 1 bathroom, beautifully refinished hardwood floors, an updated kitchen and bathroom, a new electrical panel, and a tankless water heater. Currently rented for $1,500 per month, this home combines classic character with modern improvements. The attached 1-bedroom, 1-bathroom ADU provides a second income stream, currently rented for $1,050 per month. Together, the two units generate $2,550 in monthly gross rental income, or $30,600 annually, making this an attractive opportunity for investors seeking established rental income. Situated on a large, fully fenced 0.20-acre lot, the property features convenient alley and gate access, a garage, and a shop offering valuable storage and workspace. The xeriscaped front yard helps minimize maintenance, and appliances are included in both units. The owner has also explored potential expansion options with the City of Grand Junction, offering possibilities for future improvements, subject to city approval. Conveniently located near Colorado Mesa University, St. Mary's Medical Center, Downtown Grand Junction, shopping, restaurants, and everyday amenities, this property offers a central location with strong rental appeal. Two occupied units. $2,550 per month in existing gross rent. Updated interiors. Garage and shop. Large fenced lot. Whether you're expanding your investment portfolio or exploring future owner-occupancy opportunities, 1615 N 20th Street deserves a closer look. Schedule your private showing and discover the income potential this Grand Junction property has to offer!...
Contact an agent
Home facts
- Year built:1953
- Subdivision & Development:Delmar Pk & Hic
- Listing ID #:20265043
- Added:1 day(s) ago
- Updated:October 09, 2026 at 08:39 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Hardwood, Tile
- Kitchen Description:Dishwasher, Gas Cooktop, Range Hood, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,034 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt, Composition
- Year built:1953
- Building area:1,034 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Xeriscape
- Construction Materials:Stucco, Wood Frame
- Foundation Description:Stem Wall
- Levels:1 Story
Schools
- High school:Central
- Middle school:Bookcliff
- Elementary school:Orchard Avenue
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$379,900
- Price per sq. ft.:$367.41
- Tax amount:$1,110 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Gas Cooktop, Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Washer
New listings near 1615 N 20th Street
- Open Sun, 11am to 1pmNew
$551,000Active3 beds 2 baths1,716 sq. ft.2872 Rock Creek Drive #D, Grand Junction, CO 81503
MLS# 20265048Listed by: REALTY ONE GROUP WESTERN SLOPE - Open Sat, 11am to 2pmNew
$529,000Active3 beds 2 baths1,583 sq. ft.2157 Monument Lane, Grand Junction, CO 81507
MLS# 20265042Listed by: KOKOPELLI REAL ESTATE, LLC - New
$459,999Active3 beds 2 baths1,465 sq. ft.614 Silver Mountain Drive, Grand Junction, CO 81504
MLS# 20265040Listed by: EXP REALTY, LLC - New
$950,000Active5 beds 4 baths4,858 sq. ft.191 Ledge Court, Grand Junction, CO 81503
MLS# 20265041Listed by: REALTY ONE GROUP WESTERN SLOPE - New
$340,000Active3 beds 2 baths1,589 sq. ft.420 Alamo Street, Grand Junction, CO 81504
MLS# 20265038Listed by: SUSAN ROSS REALTY - New
$725,000Active3 beds 2 baths1,773 sq. ft.2070 Snow Mesa Lane, Grand Junction, CO 81507
MLS# 20265039Listed by: THE RESOURCE GROUP, LLC - New
$380,000Active3 beds 2 baths1,548 sq. ft.3109 Price Ditch Road, Grand Junction, CO 81504
MLS# 20265036Listed by: THE AGENCY GRAND JUNCTION - New
$695,000Active5 beds 4 baths2,878 sq. ft.165 Dee Vee Drive, Grand Junction, CO 81503
MLS# 20265035Listed by: COLDWELL BANKER DISTINCTIVE PROPERTIES - Open Sat, 10am to 12pmNew
$544,900Active4 beds 2 baths1,919 sq. ft.2947 Brodick Way #A, Grand Junction, CO 81504
MLS# 20265031Listed by: THE AGENCY GRAND JUNCTION - New
$807,000Active3 beds 2 baths1,854 sq. ft.2624 Tiger Eye Lane, Grand Junction, CO 81506
MLS# 20265032Listed by: RE/MAX MOUNTAIN WEST - CEDAR