Great opportunity in Riverside! This 2-bedroom, 1-bath home includes a bonus ADU in the back, offering excellent potential for rental income, multi-generational living, or guest accommodations. The main home offers a functional layout and solid bones, and while it could use a bit of TLC, it presents a fantastic chance to add value in an up-and-coming neighborhood. The property has historically performed well as a rental with strong occupancy, making it a compelling option for investors. It would also make a wonderful home for an owner-occupant looking to personalize a space while benefiting from the added versatility of an accessory dwelling unit. Don’t miss this opportunity to own in a growing area with great potential! Buyer to verify all to satisfaction. Terms subject to change without notice.
Sold for $220,000
$220,000
538 W Colorado Ave, Grand Junction, CO 81501
2beds
3baths
1,222sqft
Single Family Residence
Built in 1908
5,662 Square Feet Lot
$218,900 Zestimate®
$180/sqft
$2,142 Estimated rent
Home value
$218,900
$206,000 - $232,000
$2,142/mo
Zestimate® history
Owner options
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$1,353/mo
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List your homeWhat's special
Solid bonesFunctional layout
Zillow last checked:
Listing updated:
Listed by:
DAN BISHOP 970-216-4622,
CENTURY 21 ELEVATED REAL ESTATE
Bought with:
DAN BISHOP
CENTURY 21 ELEVATED REAL ESTATE
Source: GJARA,MLS#: 20255551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Primary bedroom
- Level: Upper
- Dimensions: 0x0
Bedroom 2
- Level: Upper
- Dimensions: 0x0
Dining room
- Level: Main
- Dimensions: 6x12
Family room
- Dimensions: 0x0
Kitchen
- Level: Main
- Dimensions: 12x18
Laundry
- Level: Main
- Dimensions: 0x0
Living room
- Level: Main
- Dimensions: 12x18
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Electric Oven, Electric Range, Refrigerator
- Laundry: In Mud Room
Features
- Kitchen/Dining Combo, None, Upper Level Primary
- Flooring: Laminate
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,222
- Total interior livable area: 1,222 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open
- Exterior features: Other, See Remarks
- Fencing: Partial
Lot
- Size: 5,662 Square Feet
- Dimensions: 155 x 37 x 155 x 37
- Features: Landscaped
Details
- Parcel number: 294515419020
- Zoning description: RM-8
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Roof: Asphalt,Composition
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
Community
- Subdivision: West Main Street Area
HOA
- Has HOA: No
- Services included: None
Location
- Region: Grand Junction
- Elevation: 4593
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $213,230
- Annual tax amount: $757
- Date on market: 12/5/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $220,000-12%$180/sqft |
Source: GJARA #20255551 Report a problem | ||
| 2/7/2026 | Pending sale | $250,000$205/sqft |
Source: GJARA #20255551 Report a problem | ||
| 1/26/2026 | Price change | $250,000-16.4%$205/sqft |
Source: GJARA #20255551 Report a problem | ||
| 12/5/2025 | Listed for sale | $299,000+99.3%$245/sqft |
Source: GJARA #20255551 Report a problem | ||
| 9/9/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/7/2023 | Listed for rent | $1,250+92.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/17/2020 | Listing removed | $650$1/sqft |
Source: CAPROCK REAL ESTATE, LLC #20201491 Report a problem | ||
| 3/31/2020 | Price change | $650-43.5%$1/sqft |
Source: CAPROCK REAL ESTATE, LLC #20201491 Report a problem | ||
| 3/30/2020 | Listed for rent | $1,150-23.1%$1/sqft |
Source: CAPROCK REAL ESTATE, LLC #20201491 Report a problem | ||
| 3/6/2020 | Sold | $150,000-11.7%$123/sqft |
Source: GJARA #20181703 Report a problem | ||
| 5/5/2019 | Listing removed | $1,495$1/sqft |
Source: REAL PROPERTY MANAGEMENT NOW Report a problem | ||
| 4/10/2019 | Listed for rent | $1,495+50.3%$1/sqft |
Source: REAL PROPERTY MANAGEMENT NOW Report a problem | ||
| 4/10/2019 | Listing removed | $169,900$139/sqft |
Source: REAL PROPERTY MANAGEMENT #20181703 Report a problem | ||
| 4/6/2019 | Price change | $169,900+13.3%$139/sqft |
Source: REAL PROPERTY MANAGEMENT #20181703 Report a problem | ||
| 3/27/2019 | Price change | $149,900-6.3%$123/sqft |
Source: REAL PROPERTY MANAGEMENT #20181703 Report a problem | ||
| 1/3/2019 | Listed for sale | $159,900$131/sqft |
Source: REAL PROPERTY MANAGEMENT #20181703 Report a problem | ||
| 8/11/2018 | Listing removed | $159,900$131/sqft |
Source: REAL PROPERTY MANAGEMENT #20181703 Report a problem | ||
| 3/29/2018 | Listed for sale | $159,900+407.6%$131/sqft |
Source: REAL PROPERTY MANAGEMENT #20181703 Report a problem | ||
| 7/25/2017 | Listing removed | $995$1/sqft |
Source: REAL PROPERTY MANAGEMENT NOW - Property # 257914 Report a problem | ||
| 7/11/2017 | Listed for rent | $995$1/sqft |
Source: REAL PROPERTY MANAGEMENT NOW - Property # 257914 Report a problem | ||
| 1/23/2015 | Sold | $31,500-25.9%$26/sqft |
Source: GJARA #673527 Report a problem | ||
| 9/19/2014 | Sold | $42,500-74.2%$35/sqft |
Source: Public Record Report a problem | ||
| 11/1/2010 | Listing removed | $165,000$135/sqft |
Source: Real Estate West #643020 Report a problem | ||
| 5/8/2010 | Listed for sale | $165,000$135/sqft |
Source: Real Estate West #643020 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $757 +0.6% | $15,030 +4.9% |
| 2024 | $752 +1.9% | $14,330 -3.6% |
| 2023 | $738 -0.4% | $14,860 +45.1% |
| 2022 | $741 +15.7% | $10,240 -2.8% |
| 2021 | $640 | $10,540 +13.1% |
| 2020 | $640 -13% | $9,320 -0.6% |
| 2019 | $736 | $9,380 +17.8% |
| 2018 | $736 +51% | $7,960 |
| 2017 | $487 | $7,960 +2.4% |
| 2016 | $487 -1.3% | $7,770 |
| 2015 | $494 +6.5% | $7,770 +5.7% |
| 2014 | $463 | $7,350 |
| 2013 | -- | $7,350 -10.9% |
| 2012 | $581 | $8,250 |
| 2011 | -- | $8,250 -26.3% |
| 2010 | -- | $11,200 +25.3% |
| 2008 | $575 -7.6% | $8,940 |
| 2007 | $623 +110.6% | $8,940 +111.8% |
| 2006 | $296 -8.3% | $4,220 |
| 2005 | $322 +19.3% | $4,220 +11.6% |
| 2004 | $270 -15.7% | $3,780 -13.3% |
| 2003 | $321 +36.2% | $4,360 +28.6% |
| 2002 | $235 -15.1% | $3,390 -6.1% |
| 2001 | $277 | $3,610 |
Find assessor info on the county website
Neighborhood: 81501
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Nearby schools
GreatSchools rating
- 8/10Wingate Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 7/10Redlands Middle SchoolGrades: 6-8Distance: 3.8 mi
- 5/10Grand Junction High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Wingate
- Middle: Redlands
- 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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- Colorado
- Mesa County
- Grand Junction
- 81501
- 538 W Colorado Ave
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