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Sold for $1,300,000
  • $1,300,000

    1534 Poplar Dr, Grand Junction, CO 81505

    12beds
    12baths
    5,424sqft
    Quadruplex, Multi Family, Multi Family
    Built in 2017
    -- sqft lot
    $1,275,500 Zestimate®
    $240/sqft
    $1,669 Estimated rent

    Home value

    $1,275,500

    $1.20M - $1.36M

    $1,669/mo

    Zestimate® history
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    What's special

    Stunning viewsOversized one-car garageConvenient half-bathPrivate balconiesThree bedroomsOpen-concept kitchen
    This bulk offering includes four modern townhome units located at 1522, 1534, 1546, and 1558 Poplar Drive—an excellent opportunity to acquire a stabilized, income-producing asset in a strong rental market. Built in 2017, each unit offers a spacious and contemporary floor plan featuring an open-concept kitchen, living, and dining area with a convenient half-bath on the main level. The top floor includes three bedrooms and two full bathrooms. Includes refrigerators, ranges, dishwashers, microwaves, and in-unit washers and dryers, making these homes highly attractive to renters. Each unit also features an oversized one-car garage on the ground level, private balconies, and stunning views from the bedrooms, enhancing overall tenant satisfaction and retention. The location offers convenient access to shopping, dining, schools, and major transportation corridors. With all units currently leased, this property offers immediate cash flow and long-term rental upside in a desirable residential neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    BRIAN BRAY 970-986-0446,

    BRAY/COMMERCIAL

    Bought with:

    CORY CARLSON

    VENTURE GROUP

    Source: GJARA,MLS#: 20251562

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Pantry, Vaulted Ceiling(s), Programmable Thermostat
    • Flooring: Carpet, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 5,424
    • Total interior livable area: 5,424 sqft

    Property

    Parking
    • Parking features: Garage Door Opener
    • Has garage: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 85 x 55
    • Features: Xeriscape
    Details
    • Parcel number: multiple
    • Zoning description: RH-24

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story,Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Stone, Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Composition
    Condition
    • Year built: 2017

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    Green energy
    • Water conservation: Water-Smart Landscaping

    Community & HOA

    HOA
    • Amenities included: None
    • Services included: None
    Location
    • Region: Grand Junction
    • Elevation: 4600

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $344,650
    • Annual tax amount: $4,085
    • Date on market: 4/14/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/17/2025Sold$1,300,000-6.1%$240/sqft
    Source: GJARA #20251562 Report a problem
    11/4/2025Pending sale$1,385,000$255/sqft
    Source: GJARA #20251562 Report a problem
    10/21/2025Price change$1,385,000-6.7%$255/sqft
    Source: GJARA #20251562 Report a problem
    4/14/2025Listed for sale$1,485,000+6.1%$274/sqft
    Source: GJARA #20251562 Report a problem
    7/31/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/17/2024Listed for rent$1,900+43.4%
    Source: Zillow Rentals Report a problem
    4/19/2023Sold$1,400,000$258/sqft
    Source: GJARA #20225761 Report a problem
    2/21/2023Pending sale$1,400,000$258/sqft
    Source: GJARA #20225761 Report a problem
    11/12/2022Listed for sale$1,400,000+7721.2%$258/sqft
    Source: GJARA #20225761 Report a problem
    5/14/2019Listing removed$1,325
    Source: PROPERTY SERVICES OF GRAND JUNCTION, INC Report a problem
    4/22/2019Listed for rent$1,325+6%
    Source: PROPERTY SERVICES OF GRAND JUNCTION, INC Report a problem
    8/10/2018Listing removed$1,250
    Source: PROPERTY SERVICES OF GRAND JUNCTION, INC Report a problem
    6/20/2018Listed for rent$1,250
    Source: PROPERTY SERVICES OF GRAND JUNCTION, INC Report a problem
    5/15/2018Sold$17,900-59.3%$3/sqft
    Source: Public Record Report a problem
    6/7/2017Sold$44,000$8/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,021 +0.6%$24,300 +34.7%
    2024$1,015 +2.2%$18,040 -3.6%
    2023$993 -0.4%$18,720 +35.8%
    2022$997 +6.2%$13,780 -2.8%
    2021$939 $14,180 +3.8%
    2020$939 $13,660 -0.7%
    2019-- $13,760 +198.5%
    2018$115 $4,610
    Find assessor info on the county website

    Neighborhood: 81505

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pomona
    • Middle: West
    • 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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