Exceptional downtown duplex just blocks from Main Street, offering immediate income and future upside. This well-maintained and updated property features two 1-bedroom units with stable long-term tenants on 1 side and vacant on the other. One unit offers a spacious two-story layout with 2 bathrooms, while the second provides a comfortable single-level 1 bed/1 bath. Situated on a generous lot with a large backyard, this property stands out for its potential to add an Accessory Dwelling Unit (ADU)—a rare opportunity in one of Grand Junction’s most desirable and evolving neighborhoods. Walking distance to downtown and CMU, each unit has an extra room which could be transformed into a 2nd bedroom. I also know some parents of college students are looking too.Whether you are an investor seeking long-term appreciation, or an owner-occupant looking to live in one unit while generating income from the others, this property offers flexibility and upside that is increasingly hard to find downtown.
Pending
$475,000
1038 Rood Ave, Grand Junction, CO 81501
2beds
3baths
2,332sqft
Duplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$457,100 Zestimate®
$204/sqft
$-- HOA
What's special
Generous lotLarge backyardSpacious two-story layout
- 73 days
- 119
- 7
Zillow last checked:
Listing updated:
Listed by:
KATHLEEN HAAS 970-531-7448,
COLORADO REALTY 4 LESS, LLC
Source: GJARA,MLS#: 20263469
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
Features
- Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Vinyl
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 2,332
- Total interior livable area: 2,332 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None
Lot
- Size: 6,250 Square Feet
- Dimensions: 50 x 125
- Features: Landscaped
Details
- Parcel number: 294514411015
- Zoning description: R-8
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab, Stem Wall
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
HOA
- Amenities included: None
- Services included: None
Location
- Region: Grand Junction
- Elevation: 4590
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $410,520
- Annual tax amount: $1,859
- Date on market: 7/15/2026
- Road surface type: Paved
Estimated market value
$457,100
$434,000 - $480,000
$2,137/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Pending sale | $475,000$204/sqft |
Source: GJARA #20263469 Report a problem | ||
| 8/12/2026 | Listed for sale | $475,000$204/sqft |
Source: GJARA #20263469 Report a problem | ||
| 8/4/2026 | Pending sale | $475,000$204/sqft |
Source: GJARA #20263469 Report a problem | ||
| 7/15/2026 | Listed for sale | $475,000+25%$204/sqft |
Source: GJARA #20263469 Report a problem | ||
| 6/7/2021 | Sold | $380,000-1.3%$163/sqft |
Source: GJARA #20211742 Report a problem | ||
| 4/23/2021 | Pending sale | $385,000$165/sqft |
Source: GJARA #20211742 Report a problem | ||
| 4/22/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 4/19/2021 | Listed for sale | $385,000+97.4%$165/sqft |
Source: GJARA #20211742 Report a problem | ||
| 9/30/2015 | Sold | $195,000-4.8%$84/sqft |
Source: GJARA #676090 Report a problem | ||
| 9/10/2015 | Price change | $204,900+2.5%$88/sqft |
Source: Bray Real Estate #676090 Report a problem | ||
| 8/22/2015 | Price change | $199,900-2.5%$86/sqft |
Source: Bray Real Estate #676090 Report a problem | ||
| 8/10/2015 | Price change | $205,000-1.9%$88/sqft |
Source: Bray Real Estate #676090 Report a problem | ||
| 7/3/2015 | Price change | $209,000-2.7%$90/sqft |
Source: Bray Real Estate #676090 Report a problem | ||
| 6/20/2015 | Price change | $214,900-2.3%$92/sqft |
Source: Bray Real Estate #676090 Report a problem | ||
| 5/30/2015 | Listed for sale | $219,900+61.7%$94/sqft |
Source: Bray Real Estate #676090 Report a problem | ||
| 3/31/2015 | Sold | $136,000+83.8%$58/sqft |
Source: Public Record Report a problem | ||
| 12/31/1997 | Sold | $74,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,859 +67.7% | $27,920 -3.6% |
| 2025 | $1,108 +0.6% | $28,950 +48.1% |
| 2024 | $1,102 -25.3% | $19,550 |
| 2023 | $1,475 -2.5% | $19,550 -4.4% |
| 2022 | $1,513 +33.1% | $20,460 -4.9% |
| 2021 | $1,137 | $21,520 +30% |
| 2020 | $1,137 +5.2% | $16,550 -0.7% |
| 2019 | $1,081 | $16,660 +9% |
| 2018 | $1,081 +19.4% | $15,280 |
| 2017 | $906 | $15,280 +5.8% |
| 2016 | $906 +13% | $14,440 +14.5% |
| 2015 | $801 +30.5% | $12,610 +29.5% |
| 2014 | $614 | $9,740 |
| 2013 | -- | $9,740 -19.6% |
| 2012 | $721 | $12,120 |
| 2011 | -- | $12,120 -28.4% |
| 2010 | -- | $16,920 |
| 2009 | -- | $16,920 +34.1% |
| 2008 | $812 -7.6% | $12,620 |
| 2007 | $879 +24.5% | $12,620 +25.2% |
| 2006 | $706 -8.3% | $10,080 |
| 2005 | $770 +27.6% | $10,080 +19.4% |
| 2004 | $603 -15.5% | $8,440 -13.1% |
| 2003 | $714 +19% | $9,710 +12.4% |
| 2002 | $600 -15% | $8,640 -6% |
| 2001 | $706 | $9,190 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 81501
Nearby schools
Schools provided by the listing agent
- Elementary: Chipeta
- Middle: East
- High: Grand Junction
Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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