Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,500 per month with lease expiration of 4/30/2027, providing immediate and stable rental income for investors.
For sale
$429,000
581 W Indian Creek Dr #4, Grand Junction, CO 81501
3beds
3baths
1,874sqft
Townhouse
Built in 2021
3,484 Square Feet Lot
$-- Zestimate®
$229/sqft
$155/mo HOA
What's special
Modern finishes throughout
- 101 days |
- 23 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
CORY CARLSON 970-261-9311,
VENTURE GROUP
Source: GJARA,MLS#: 20262331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Rooms
- Room types: None
Primary bedroom
- Level: Main
- Dimensions: 14x12
Bedroom 2
- Level: Upper
- Dimensions: 12x10
Bedroom 3
- Level: Upper
- Dimensions: 11x10
Dining room
- Level: Main
- Dimensions: 15x15
Family room
- Dimensions: NA
Kitchen
- Level: Main
- Dimensions: 21x12
Laundry
- Level: Main
- Dimensions: 8x7
Living room
- Level: Main
- Dimensions: 15x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Range Hood
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Main Level Primary, Pantry, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Luxury Vinyl, Luxury VinylPlank, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,874
- Total interior livable area: 1,874 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None, Low Threshold Shower
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open, Patio
- Exterior features: None
- Fencing: None
Lot
- Size: 3,484 Square Feet
- Dimensions: 117' x 28'
- Features: None
Details
- Parcel number: 294307181009
- Zoning description: RM-8
Construction
Type & style
- Home type: Townhouse
- Architectural style: Two Story
- Property subtype: Townhouse
Materials
- Stone, Stucco, Wood Frame
- Foundation: Slab
- Roof: Asphalt,Composition
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
Community
- Subdivision: Peppertree
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Sprinkler
- HOA fee: $155 monthly
Location
- Region: Grand Junction
- Elevation: 4495
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $416,280
- Annual tax amount: $2,000
- Date on market: 5/18/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $429,000-3.6%$229/sqft |
Source: GJARA #20262331 Report a problem | ||
| 7/12/2023 | Listing removed | -- |
Source: GJARA #20224218 Report a problem | ||
| 12/28/2022 | Listed for sale | $444,900$237/sqft |
Source: GJARA #20224218 Report a problem | ||
| 12/16/2022 | Listing removed | -- |
Source: GJARA #20224218 Report a problem | ||
| 8/9/2022 | Listed for sale | $444,900$237/sqft |
Source: GJARA #20224218 Report a problem | ||
| 7/30/2022 | Listing removed | -- |
Source: GJARA #20220310 Report a problem | ||
| 6/13/2022 | Listed for sale | $444,900$237/sqft |
Source: GJARA #20220310 Report a problem | ||
| 6/8/2022 | Pending sale | $444,900$237/sqft |
Source: GJARA #20220310 Report a problem | ||
| 5/31/2022 | Price change | $444,900-1.1%$237/sqft |
Source: GJARA #20220310 Report a problem | ||
| 2/2/2022 | Price change | $449,900+2.3%$240/sqft |
Source: GJARA #20220310 Report a problem | ||
| 1/24/2022 | Listed for sale | $439,900$235/sqft |
Source: GJARA #20220310 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,000 +2% | $29,350 -5.4% |
| 2024 | $1,961 +73.2% | $31,020 -3.5% |
| 2023 | $1,133 +534.7% | $32,160 +113.3% |
| 2022 | $178 | $15,080 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 81501
Nearby schools
GreatSchools rating
- 8/10Orchard Avenue Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10Bookcliff Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Central High SchoolGrades: 9-12Distance: 2.5 mi
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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