581 W Indian Creek Drive #5, Grand Junction, CO 81501

Grand Junction
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
581 W Indian Creek Drive #5,Grand Junction, CO 81501
$409,000
  • 3 Beds
  • 2 Baths
  • 1,446 sq. ft.
  • Townhouse
  • Active
Listed by: cory carlson
Office: venture group
MLS#:20262344
Source:CO_GJARA

Price summary

  • Price:$409,000
  • Price per sq. ft.:$282.85
  • Monthly HOA dues:$155

About this home

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 4/30/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

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Home facts

  • Year built:2021
  • Subdivision & Development:Peppertree
  • Listing ID #:20262344
  • Added:122 day(s) ago
  • Updated:September 18, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Luxury Vinyl Plank, Tile
  • Dining Description:Kitchen/Dining Combo
  • Bathrooms Description:Walk-In Shower
  • Kitchen Description:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Range Hood
  • Bedroom Description:Main Level Primary
  • Living area:1,446 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:2021
  • Building area:1,446 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Stone, Stucco, Wood Frame
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Central
  • Middle school:Bookcliff
  • Elementary school:Nisley

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$409,000
  • Price per sq. ft.:$282.85

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Range Hood
  • Laundry features:Laundry Room
  • Amenities:Ceiling Fans, Pantry, Walk-In Closets

Parking

  • Parking description:Attached, Garage
  • Garage:Yes
  • Garage spaces:2

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