2698 Milo Drive, Grand Junction, CO 81503
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
2698 Milo Drive,Grand Junction, CO 81503
$779,000
- 8 Beds
- 4 Baths
- 4,080 sq. ft.
- Multi-family
- Pending
Listed by: michelle ritter
Office: re/max 4000, inc
MLS#:20261339
Source:CO_GJARA
Price summary
- Price:$779,000
- Price per sq. ft.:$190.93
About this home
Current Contract has a Contingency. Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor’s portfolio. Whether you’re looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.
Contact an agent
Home facts
- Year built:1977
- Listing ID #:20261339
- Added:42 day(s) ago
- Updated:May 08, 2026 at 07:10 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Luxury Vinyl Plank, Tile
- Kitchen Description:Dishwasher, Electric Oven, Electric Range, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space
- Living area:4,080 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Baseboard, Hot Water, Natural Gas
Structure and exterior
- Roof:Asphalt, Composition
- Year built:1977
- Building area:4,080 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Corner Lot, Xeriscape
- Construction Materials:Wood Frame, Wood Siding
- Exterior Features:Shed
- Foundation Description:Stem Wall
- Levels:2 Story
Schools
- High school:Grand Junction
- Middle school:Orchard Mesa
- Elementary school:Dos Rios
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$779,000
- Price per sq. ft.:$190.93
- Tax amount:$2,406 (2025)
Features and amenities
- Appliances:Dishwasher, Electric Oven, Electric Range, Refrigerator
- Amenities:Low Emissivity Windows, Window Coverings
New listings near 2698 Milo Drive
- New
$384,900Active3 beds 2 baths1,295 sq. ft.2944 E Erika Court, Grand Junction, CO 81504
MLS# 20262154Listed by: PB SIGNATURE GROUP, LLC - New
$529,900Active5 beds 2 baths1,905 sq. ft.2350 E Road, Grand Junction, CO 81507
MLS# 20262155Listed by: COLDWELL BANKER DISTINCTIVE PROPERTIES - New
$465,000Active3 beds 2 baths1,584 sq. ft.208 Chipeta Pines Court, Grand Junction, CO 81503
MLS# 20262153Listed by: THE CHRISTI REECE GROUP - New
$424,900Active4 beds 3 baths1,676 sq. ft.3061 Joel Court, Grand Junction, CO 81504
MLS# 20262151Listed by: COLDWELL BANKER DISTINCTIVE PROPERTIES - New
$349,000Active2 beds 1 baths1,528 sq. ft.907 Chipeta Avenue, Grand Junction, CO 81501
MLS# 20262152Listed by: COLDWELL BANKER DISTINCTIVE PROPERTIES - New
$400,000Active3 beds 2 baths1,526 sq. ft.2835 Newport Circle, Grand Junction, CO 81503
MLS# 20262149Listed by: BRAY REAL ESTATE - New
$369,000Active3 beds 2 baths1,294 sq. ft.455 Washburn Street, Grand Junction, CO 81504
MLS# 20262146Listed by: UNITED COUNTRY REAL COLORADO PROPERTIES - New
$398,500Active3 beds 2 baths2,012 sq. ft.472 Ananessa Drive, Grand Junction, CO 81504
MLS# 20262147Listed by: THE AGENCY GRAND JUNCTION - New
$2,900,000Active33 beds 23 baths17,259 sq. ft.501 Independent Avenue, Grand Junction, CO 81505
MLS# 20262136Listed by: RE/MAX 4000, INC - New
$945,000Active5 beds 3 baths3,161 sq. ft.707 Roundup Drive, Grand Junction, CO 81507
MLS# 20262137Listed by: COLDWELL BANKER DISTINCTIVE PROPERTIES