2336 Elm Avenue, Grand Junction, CO 81501
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
2336 Elm Avenue,Grand Junction, CO 81501
$499,900
- 6 Beds
- 3 Baths
- 2,864 sq. ft.
- Multi-family
- Active
Listed by: jan kimbrough miller - the kimbrough team
Office: re/max 4000, inc
MLS#:20253420
Source:CO_GJARA
Price summary
- Price:$499,900
- Price per sq. ft.:$174.55
About this home
Turnkey Duplex Near CMU-Fully rented & updated! Investor special just steps from Colorado Mesa University! This well-maintained duplex features 2 units: Unit 1: 4 bed / 2 bath vacant as of 8/15/25 Unit 2: 2 bed (1 non-conforming) / 1 bath @ $1,000/mo. Both tenants are M-T-M, tenants pay all utilities except W-S-T. No pets or smoking - ever. Major updates in last 5 years include new sewer line, roof & gutters, major mech systems (HVAC, etc). Ample off-street parking via alley + small RV pad for upper unit. Excellent rental demand due to proximity to CMU - ideal for student or faculty housing. Live in one unit & rent the other, or lease both for consistent income. High cap rate potential in a growing Grand Junction market. Prime location. Turnkey condition. Strong cash flow. Don't miss this low-maintenance, income-generating gem near one of GJ's most desireable rental zones.
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Home facts
- Year built:1910
- Listing ID #:20253420
- Added:120 day(s) ago
- Updated:November 15, 2025 at 04:58 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,864 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Baseboard, Hot Water, Natural Gas
Structure and exterior
- Roof:Asphalt, Composition
- Year built:1910
- Building area:2,864 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Grand Junction
- Middle school:Bookcliff
- Elementary school:Orchard Avenue
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$174.55
- Tax amount:$2,000 (2025)
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