For sale

Price cut: $10K (7/19)

$340,000

2531 Shetland Dr #B, Grand Junction, CO 81505

3beds

1,156sqft

$2,071/mo

Get pre-qualified

Single Family Residence

Built in 1999

4,791 Square Feet Lot

$337,200 Zestimate^®

$294/sqft

$21/mo HOA

What's special

Well-designed floor planGreat natural light

Income-Producing Townhome with a tenant already in place, so you can skip the vacancy, skip the setup, and go straight to collecting rent. This low-maintenance 3 bedroom 2 bath 1 Car Garage this townhome offers the kind of layout renters love--functional, comfortable, and easy to live in. Inside, you'll find a well-designed floor plan, great natural light, and the kind of everyday livability that keeps tenants happy fresh paint and new flooring. The kitchen and living spaces flow seamlessly, making it ideal for modern renters, while the bedrooms offer privacy and comfort. Convenient access to shopping, restaurants , and schools this property checks the boxes for both tenant demand and long-term appreciation potential. Whether you're adding to your portfolio or buying your first investment, this is a turnkey opportunity you don't want to overthink.

142 days

360

26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard

Cooling

Evaporative Cooling

Appliances

Laundry: In Hall

Features

Has fireplace: No

Interior area

Total structure area: 1,156
Total interior livable area: 1,156 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Lot

Size: 4,791 Square Feet
Features: Landscaped

Details

Parcel number: 294503272006
Zoning: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding, Frame
Foundation: Slab
Roof: Composition

Condition

Excellent
New construction: No
Year built: 1999

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: None

HOA

Has HOA: Yes
HOA fee: $250 annually

Location

Region: Grand Junction

Financial & listing details

Price per square foot: $294/sqft
Tax assessed value: $331,230
Annual tax amount: $1,499
Date on market: 4/1/2026
Listing terms: New Loan,Cash
Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher

Estimated market value

$337,200

$320,000 - $354,000

$1,966/mo

Price history

Date	Event	Price
7/19/2026	Price change	$340,000-2.9%$294/sqft
Source: AGSMLS #192214 Report a problem
5/15/2026	Price change	$350,000-1.4%$303/sqft
Source: AGSMLS #192214 Report a problem
4/1/2026	Listed for sale	$355,000$307/sqft
Source: GJARA #20261432 Report a problem
2/1/2017	Listing removed	$1,095+4.3%$1/sqft
Source: Property Services of Grand Junction, Inc. Report a problem
10/26/2015	Listing removed	$1,050$1/sqft
Source: Property Services of Grand Junction, Inc. Report a problem
9/1/2015	Listed for rent	$1,050$1/sqft
Source: Property Services of Grand Junction, Inc. Report a problem
7/1/2014	Listing removed	$1,050$1/sqft
Source: Property Services of Grand Junction, Inc. Report a problem
5/5/2014	Listed for rent	$1,050$1/sqft
Source: Property Services of Grand Junction, Inc. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,141 +7.5%	$23,350 +24.9%
2024	$1,061 +0.7%	$18,690 -3.6%
2023	$1,054 -0.3%	$19,390 +32.6%
2022	$1,057 +20.1%	$14,620 -2.8%
2021	$880	$15,040 +17.4%
2020	$880 +2.6%	$12,810 -0.6%
2019	$858	$12,890 +7.1%
2018	$858 +6%	$12,040
2017	$809	$12,040 -5.9%
2016	$809 -1.3%	$12,800
2015	$820 +12.3%	$12,800 +11.4%
2014	$730	$11,490
2013	--	$11,490 -17.4%
2012	$835	$13,910
2011	--	$13,910 -2.2%
2010	--	$14,220
2009	--	$14,220 +19.3%
2008	$773 -8.2%	$11,920
2007	$842 +10.6%	$11,920 +11.3%
2006	$761 -8.7%	$10,710
2005	$834 +29.5%	$10,710 +22.3%
2004	$644 -15.3%	$8,760 -12.9%
2003	$760 +19.8%	$10,060 +13.3%
2002	$634 -14.8%	$8,880 -6%
2001	$745	$9,450