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For sale
    • $409,000

    581 W Indian Creek Dr #5, Grand Junction, CO 81501

    3beds
    2baths
    1,446sqft
    : 
    $2,620/mo
    Get pre-qualified
    Townhouse
    Built in 2021
    3,484 Square Feet Lot
    $-- Zestimate®
    $283/sqft
    $155/mo HOA

    What's special

    Modern finishes throughout
    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 $2,400 per month with lease expiration of 4/30/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.
    101 days
    148
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    CORY CARLSON 970-261-9311,

    VENTURE GROUP

    Source: GJARA,MLS#: 20262344

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Rooms
      • Room types: None
      Primary bedroom
      • Level: Main
      • Dimensions: 13 x 16
      Bedroom 2
      • Level: Main
      • Dimensions: 13 x 13
      Bedroom 3
      • Level: Main
      • Dimensions: 13 x 12
      Dining room
      • Level: Main
      • Dimensions: 13 x 13
      Family room
      • Dimensions: NA
      Kitchen
      • Level: Main
      • Dimensions: 9 x 13
      Laundry
      • Level: Main
      • Dimensions: 7 x 3
      Living room
      • Level: Main
      • Dimensions: 16 x 10
      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: 1,446
      • Total interior livable area: 1,446 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None, Low Threshold Shower
      Features
      • Stories: 1
      • Patio & porch: Open, Patio
      • Exterior features: None
      • Fencing: None
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 117' x 28'
      • Features: None
      Details
      • Parcel number: 294307181010
      • Zoning description: RM-8

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Ranch
      • 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: $283/sqft
      • Tax assessed value: $358,700
      • Annual tax amount: $2,446
      • Date on market: 5/18/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/18/2026Listed for sale$409,000+3.6%$283/sqft
        Source: GJARA #20262344 Report a problem
        4/15/2026Listing removed$2,400$2/sqft
        Source: Zillow Rentals Report a problem
        4/4/2026Listed for rent$2,400$2/sqft
        Source: Zillow Rentals Report a problem
        4/3/2026Listing removed$2,400$2/sqft
        Source: Zillow Rentals Report a problem
        3/6/2026Listed for rent$2,400-12.7%$2/sqft
        Source: Zillow Rentals Report a problem
        3/24/2025Listing removed$2,750$2/sqft
        Source: Zillow Rentals Report a problem
        3/21/2025Listed for rent$2,750+10%$2/sqft
        Source: Zillow Rentals Report a problem
        3/21/2025Listing removed$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        3/16/2025Listed for rent$2,500-9.1%$2/sqft
        Source: Zillow Rentals Report a problem
        3/15/2025Listing removed$2,750$2/sqft
        Source: Zillow Rentals Report a problem
        10/23/2024Listed for rent$2,750+10%$2/sqft
        Source: Zillow Rentals Report a problem
        10/7/2024Listing removed$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        8/21/2024Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        5/22/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/18/2024Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        5/17/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/24/2024Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        7/12/2023Listing removed--
        Source: GJARA #20224219 Report a problem
        12/28/2022Listed for sale$394,900$273/sqft
        Source: GJARA #20224219 Report a problem
        12/16/2022Listing removed--
        Source: GJARA #20224219 Report a problem
        8/9/2022Listed for sale$394,900$273/sqft
        Source: GJARA #20224219 Report a problem
        7/30/2022Listing removed--
        Source: GJARA #20220325 Report a problem
        6/13/2022Listed for sale$394,900$273/sqft
        Source: GJARA #20220325 Report a problem
        6/8/2022Pending sale$394,900$273/sqft
        Source: GJARA #20220325 Report a problem
        5/31/2022Listed for sale$394,900$273/sqft
        Source: GJARA #20220325 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,446 +36.5%$25,290 -5.5%
        2024$1,792 +69.4%$26,750 -3.6%
        2023$1,058 +493%$27,740 +97.9%
        2022$178 $14,020
        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.
        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.
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        Climate risks

        Neighborhood: 81501

        Getting around

        80 / 100
        Very Walkable
        24 / 100
        Minimal Transit

        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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