Pending

Price cut: $49K (6/1)

$950,000

2931 Paula Lane 3 #1-2-4, Grand Junction, CO 81504

12beds

10baths

6,642sqft

$6,012/mo

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Quadruplex, Multi Family, Multi Family

Built in 2008

-- sqft lot

$913,000 Zestimate^®

$143/sqft

$225/mo HOA

What's special

New paint

Great investment opportunity! Long term tenants in place with great rental history. Located a short drive to CMU, downtown Grand Junction, and St. Mary's Hospital. One unit has been refreshed with new paint, carpet and LVP. Financials available.

91 days

21

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 10

Heating

Baseboard, Hot Water

Cooling

Evaporative Cooling

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer

Features

Ceiling Fan(s), Laminate Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Linoleum, Luxury Vinyl, Luxury VinylPlank, Tile
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 6,642
Total interior livable area: 6,642 sqft

Property

Parking

Parking features: Assigned

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Open, Patio
Exterior features: None

Lot

Size: 0.27 Acres
Dimensions: 89 x 130
Features: Sprinklers In Front, Landscaped

Details

Parcel number: 2943202230014
Zoning description: RM-8

Construction

Type & style

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

Materials

Vinyl Siding, Wood Frame
Foundation: Stem Wall
Roof: Asphalt,Composition

Condition

Year built: 2008
Major remodel year: 2026

Utilities & green energy

Sewer: Connected
Water: Public

Community & HOA

Community

Subdivision: Water's Edge

HOA

Has HOA: Yes
Amenities included: None
Services included: Common Area Maintenance, Insurance, Legal/Accounting, Maintenance Structure, Snow Removal, Sprinkler, Taxes, Trash
HOA fee: $225 monthly

Location

Region: Grand Junction
Elevation: 4593

Financial & listing details

Price per square foot: $143/sqft
Annual tax amount: $5,261
Date on market: 4/28/2026

Estimated market value

$913,000

$867,000 - $959,000

$1,481/mo

Price history

Date	Event	Price
7/10/2026	Pending sale	$950,000$143/sqft
Source: GJARA #20262178 Report a problem
6/1/2026	Price change	$950,000-4.9%$143/sqft
Source: GJARA #20262178 Report a problem
5/9/2026	Listed for sale	$999,000$150/sqft
Source: GJARA #20262178 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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