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:70 day(s) ago
  • Updated:September 19, 2025 at 10:04 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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