Skip main navigation
Off market
  • $602,500

    540 Hill Ave, Grand Junction, CO 81501

    8beds
    4baths
    3,369sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $602,500 Zestimate®
    $179/sqft
    $1,535 Estimated rent

    Home value

    $602,500

    $554,000 - $651,000

    $1,535/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,535/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,535/mo

    Rent Zestimate®

    Refinance and save

    $2,753/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,753/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    SOLID INVESTMENT PROPERTY! This 4 unit property is located in the heart of Downtown Grand Junction. Minutes from shops, restaurants, live music, farmers market and Colorado Mesa University! Great opportunity to add value by getting the rents up. Rents reflected are based on Pro Forma. You'll love the cool old charm with nice updates throughout. Improvements include new wiring, metal siding with fresh exterior paint, new hot water heater and 6 year old heater! Don't miss this opportunity! Call today to schedule your private showing! Information deemed reliable but not guaranteed. Buyer to verify all to satisfaction. Terms subject to change without notice.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Evaporative
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Other-See Remarks
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 3,369 sqft

    Property

    Features
    • Exterior features: Metal
    Lot
    • Size: 9,583 Square Feet
    Details
    • Parcel number: 294514217014

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Sewer Installed

    Community & HOA

    Location
    • Region: Grand Junction

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $519,000
    • Annual tax amount: $1,699

    Price history

    DateEventPrice
    10/17/2022Sold$475,000+20.3%$141/sqft
    Source: Public Record Report a problem
    2/5/2021Sold$395,000-12.2%$117/sqft
    Source: GJARA #20205503 Report a problem
    1/5/2021Contingent$450,000$134/sqft
    Source: GJARA #20205503 Report a problem
    11/2/2020Listed for sale$450,000+55.2%$134/sqft
    Source: CENTURY 21 CAPROCK REAL ESTATE #20205503 Report a problem
    7/30/2020Sold$290,000-3.3%$86/sqft
    Source: GJARA #20201297 Report a problem
    6/19/2020Pending sale$300,000$89/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem
    6/16/2020Price change$300,000-6.3%$89/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem
    6/12/2020Listed for sale$320,000$95/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem
    6/4/2020Pending sale$320,000$95/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem
    6/3/2020Listed for sale$320,000$95/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem
    5/21/2020Pending sale$320,000$95/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem
    3/17/2020Listed for sale$320,000$95/sqft
    Source: RE/MAX 4000, INC #20201297 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,699 +0.6%$36,590 +30.7%
    2024$1,689 +10.5%$27,990
    2023$1,529 -2.5%$27,990 +32%
    2022$1,569 +20%$21,210 -4.9%
    2021$1,307 $22,310 +17.3%
    2020$1,307 +7.5%$19,020 -0.7%
    2019$1,216 $19,150 +11.5%
    2018$1,216 +16%$17,180
    2017$1,048 $17,180 +2.9%
    2016$1,048 -1.3%$16,700
    2015$1,061 +3.1%$16,700 +2.3%
    2014$1,030 $16,330
    2013-- $16,330 -4.7%
    2012$1,020 $17,140
    2011-- $17,140 -14.6%
    2010-- $20,070
    2009-- $20,070 +22.8%
    2008$1,052 -7.6%$16,350
    2007$1,139 +88.3%$16,350 +89.5%
    2006$605 -8.3%$8,630
    2005$659 +5.4%$8,630 -1.4%
    2004$626 -15.3%$8,750 -12.9%
    2003$739 +20.6%$10,050 +13.9%
    2002$612 -15%$8,820 -6%
    2001$721 $9,380
    Find assessor info on the county website

    Neighborhood: 81501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chipeta
    • Middle: East
    • High: Grand Junction

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $602,500
    2% more
    +$12,050
    With Zillow Showcase(estimated)
    $614,550