4plex PLUS Commercial Office Modular (1440 SF) located on Patterson Road, nearby the busy corner of 12th and Patterson - across the street from 12th St City Market. Great investment opportunity with strong income in place, and in a GREAT LOCATION with Commercial development / Pad-site potential. The property sits on nearly an Acre (0.89 Acres), is zoned MU-1 (many commercial & multi-family uses allowed), located in the Commercial Comp Plan (Future Land Use), and located directly off of Patterson Rd with very high traffic counts. Keep the property as-is for cash flow, use as a commercial pad site, look at a redevelopment of the site, or all of the above!
For sale
$990,000
2718 Patterson Rd, Grand Junction, CO 81506
8beds
4baths
3,520sqft
Quadruplex, Multi Family, Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$281/sqft
$-- HOA
What's special
- 211 days |
- 125 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
KYLE SERRANO 970-778-0796,
VENTURE GROUP
Source: GJARA,MLS#: 20255402
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
Features
- Other, See Remarks
- Flooring: Carpet, Laminate, Luxury Vinyl, Luxury VinylPlank, Simulated Wood
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
Property
Accessibility
- Accessibility features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open
- Exterior features: None
Lot
- Size: 0.89 Acres
- Dimensions: 300 x 130
- Features: Other, See Remarks
Details
- Parcel number: 294501300014
- Zoning description: MU-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story,Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding, Wood Frame
- Foundation: Slab
- Roof: Asphalt,Composition
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: None, Pets Allowed
- Services included: None
Location
- Region: Grand Junction
- Elevation: 4600
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $1,007,320
- Annual tax amount: $10,541
- Date on market: 11/19/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Price change | $990,000-17.5%$281/sqft |
Source: GJARA #20255402 Report a problem | ||
| 11/19/2025 | Listed for sale | $1,200,000+92%$341/sqft |
Source: GJARA #20255402 Report a problem | ||
| 6/2/2015 | Sold | $625,000$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,018 +0.5% | $153,660 +16.4% |
| 2024 | $7,978 +16.8% | $132,030 |
| 2023 | $6,833 +1.2% | $132,030 +35.5% |
| 2022 | $6,752 +7.3% | $97,440 -1.2% |
| 2021 | $6,294 | $98,580 +4.7% |
| 2020 | $6,294 +9.4% | $94,150 -0.2% |
| 2019 | $5,751 | $94,300 +13.8% |
| 2018 | $5,751 +2.5% | $82,880 |
| 2017 | $5,612 | $82,880 -9.1% |
| 2016 | $5,612 -1.5% | $91,140 |
| 2015 | $5,694 | $91,140 +57.3% |
| 2011 | -- | $57,930 -7.9% |
| 2008 | $3,980 -7% | $62,880 +0.7% |
| 2007 | $4,282 +32.8% | $62,450 +33.7% |
| 2006 | $3,225 -8.4% | $46,720 |
| 2005 | $3,520 +14% | $46,720 +7.3% |
| 2004 | $3,089 -6% | $43,530 -3.3% |
| 2003 | $3,286 +15.8% | $45,020 +9.3% |
| 2002 | $2,838 -10.3% | $41,190 -2% |
| 2001 | $3,165 | $42,010 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81506
Nearby schools
GreatSchools rating
- 8/10Tope Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10West Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Grand Junction High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Tope
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Colorado
- Mesa County
- Grand Junction
- 81506
- 2718 Patterson Rd
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