Sold for $535,974

$535,974

1270 Walnut Ave #A-b, Grand Junction, CO 81501

5beds

4baths

2,556sqft

Quadruplex, Multi Family, Multi Family

Built in 1965

-- sqft lot

$531,600 Zestimate^®

$210/sqft

$1,786 Estimated rent

Home value

$531,600

$500,000 - $569,000

$1,786/mo

Zestimate^® history

Owner options

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$1,786/mo

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$1,786/mo

Rent Zestimate^®

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$3,049/mo

Est. payment

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$3,049/mo

Est. payment

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What's special

Nice 4-plex located near Colorado Mesa University! Units A, B, and C are one bedroom an one bath units. Unit D is a stand alone building with two bedrooms and one bathroom. Unit B has new carpet. This fourplex offers strong value-add opportunities for an investor seeking immediate cash flow and future upside. The property is currently stabilized with consistent occupancy with some units below market rent levels, allowing room for income growth. Property is zoned RH-24 to allow for future development into high density multifamily options. Property can be combined with 1290 Walnut Avenue which is a stand alone investment residence with a single tenant for $450,000 or combined offering of $975,000.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Baseboard

Cooling

Evaporative Cooling

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup

Features

None
Flooring: Carpet
Basement: Crawl Space
Has fireplace: Yes
Fireplace features: Other, See Remarks

Interior area

Total structure area: 2,556
Total interior livable area: 2,556 sqft

Property

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: None
Exterior features: None

Lot

Size: 9,147 Square Feet
Dimensions: 60' x 150'
Features: Landscaped

Details

Parcel number: BEG 120FT W OF SE CO
Zoning description: RH-24

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch,Fourplex
Property subtype: Quadruplex, Multi Family, Multi Family
Attached to another structure: Yes

Materials

Brick, Vinyl Siding, Wood Frame
Roof: Asphalt,Composition

Condition

Year built: 1965

Utilities & green energy

Sewer: Connected
Water: Public

Community & HOA

HOA

Has HOA: No
Amenities included: None
Services included: None

Location

Region: Grand Junction
Elevation: 4600

Financial & listing details

Price per square foot: $210/sqft
Annual tax amount: $2,405
Date on market: 9/12/2025

Price history

Date	Event	Price
10/30/2025	Sold	$535,974+2.1%$210/sqft
Source: GJARA #20254480 Report a problem
9/19/2025	Pending sale	$525,000$205/sqft
Source: GJARA #20254480 Report a problem
9/12/2025	Listed for sale	$525,000$205/sqft
Source: GJARA #20254480 Report a problem