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For sale
    • $1,636,000

    581 Indian Creek Drive 5 #2-4-6, Grand Junction, CO 81501

    12beds
    9baths
    6,266sqft
    : 
    $9,589/mo
    Get pre-qualified
    Multi Family
    Built in 2022
    -- sqft lot
    $-- Zestimate®
    $261/sqft
    $155/mo HOA

    What's special

    Modern floor plansSingle storyOpen concept
    Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.
    375 days
    |
    66
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    CORY CARLSON 970-261-9311,

    VENTURE GROUP

    Source: GJARA,MLS#: 20253883

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 9
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Ceiling Fan(s), Pantry, Walk-In Closet(s), Walk-In Shower
      • Flooring: Carpet, Luxury Vinyl, Luxury VinylPlank
      • Has fireplace: No
      Interior area
      • Total structure area: 6,266
      • Total interior livable area: 6,266 sqft

      Property

      Accessibility
      • Accessibility features: None, Low Threshold Shower
      Features
      • Patio & porch: Open, Patio
      • Exterior features: None
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 117' x 28'
      • Features: Landscaped
      Details
      • Parcel number: 294307181007
      • Zoning description: RM-8

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other,See Remarks
      • Property subtype: Multi Family
      Materials
      • Stone, Stucco, Wood Frame
      • Foundation: Slab
      • Roof: Asphalt,Composition
      Condition
      • Year built: 2022

      Utilities & green energy

      • Sewer: Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Peppertree
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • Services included: Common Area Maintenance, Maintenance Structure, Snow Removal, Sprinkler
      • HOA fee: $155 monthly
      Location
      • Region: Grand Junction
      • Elevation: 4495

      Financial & listing details

      • Price per square foot: $261/sqft
      • Annual tax amount: $7,412
      • Date on market: 7/14/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/18/2026Price change$1,636,000-3.7%$261/sqft
        Source: GJARA #20253883 Report a problem
        11/2/2025Price change$1,699,000-5.6%$271/sqft
        Source: GJARA #20253883 Report a problem
        8/11/2025Listed for sale$1,799,000+10.4%$287/sqft
        Source: GJARA #20253883 Report a problem
        7/12/2023Listing removed--
        Source: GJARA #20224216 Report a problem
        12/28/2022Listed for sale$1,629,600$260/sqft
        Source: GJARA #20224216 Report a problem
        12/16/2022Listing removed--
        Source: GJARA #20224216 Report a problem
        12/1/2022Price change$1,629,600+32%$260/sqft
        Source: GJARA #20224216 Report a problem
        8/31/2022Price change$1,234,700-24.2%$197/sqft
        Source: GJARA #20224216 Report a problem
        8/9/2022Listed for sale$1,629,600$260/sqft
        Source: GJARA #20224216 Report a problem
        7/30/2022Listing removed--
        Source: GJARA #20220305 Report a problem
        6/20/2022Listed for sale$1,629,600-34.6%$260/sqft
        Source: GJARA #20220305 Report a problem
        4/5/2022Listing removed--
        Source: GJARA #20220305 Report a problem
        1/24/2022Listed for sale$2,490,000$397/sqft
        Source: GJARA #20220305 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 81501

        Getting around

        4 / 100
        Car-Dependent
        24 / 100
        Minimal Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Nisley
        • Middle: Bookcliff
        • High: Central

        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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