This multi-family portfolio listing comprises 2 units In Grand Junction. With a diverse tenant base and high occupancy rates, this property generates robust cash flow month after month. Its proximity to schools, shopping centers, and major transportation routes enhances its appeal to renters seeking convenience and quality living. Each home offers spacious layouts, updated kitchens, and outdoor living spaces. High occupancy rates and long-term leases with reliable tenants ensure consistent cash flow and stability in a flourishing residential rental market.
Sold for $27,452,900
$27,452,900
585 255th Rd, Grand Junction, CO 81505
4beds
2,000sqft
MultiFamily
Built in 1992
-- sqft lot
$-- Zestimate®
$13,726/sqft
$2,165 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,165/mo
Zestimate® history
Owner options
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$2,165/mo
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$2,165/mo
Rent Zestimate®
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$157,285/mo
Est. payment
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$157,285/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Other
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 2,000 sqft
Property
Features
- Exterior features: Wood, Brick
Lot
- Size: 34.13 Acres
Details
- Parcel number: 294510200100
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Built-up
Condition
- Year built: 1992
Community & HOA
Location
- Region: Grand Junction
Financial & listing details
- Price per square foot: $13,726/sqft
- Tax assessed value: $12,996,480
- Annual tax amount: $56,821
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | $27,452,900+10067.7%$13,726/sqft |
Source: Public Record Report a problem | ||
| 11/6/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/8/2024 | Listed for sale | $270,000+286.3%$135/sqft |
Source: Owner Report a problem | ||
| 5/4/2020 | Listing removed | $69,900$35/sqft |
Source: HomeSmart Realty Partners #20185458 Report a problem | ||
| 11/26/2019 | Price change | $69,900+191.3%$35/sqft |
Source: HomeSmart Realty Partners #20185458 Report a problem | ||
| 8/23/2019 | Pending sale | $24,000$12/sqft |
Source: HomeSmart Realty Partners #20185458 Report a problem | ||
| 8/23/2019 | Listed for sale | $24,000-99.8%$12/sqft |
Source: HomeSmart Realty Partners #20185458 Report a problem | ||
| 7/31/2019 | Sold | $13,800,000$6,900/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $56,821 +0.6% | $916,250 +14.2% |
| 2024 | $56,478 +117.3% | $802,500 -3.6% |
| 2023 | $25,992 +327.5% | $832,440 +130.9% |
| 2022 | $6,081 -71.1% | $360,590 -2.8% |
| 2021 | $21,037 | $370,960 +21.1% |
| 2020 | $21,037 +23.1% | $306,200 -0.7% |
| 2019 | $17,084 | $308,330 +28.6% |
| 2018 | $17,084 +11% | $239,770 |
| 2017 | $15,391 | $239,770 -1.5% |
| 2016 | $15,391 -1.3% | $243,430 |
| 2015 | $15,590 +6.4% | $243,430 +5.6% |
| 2014 | $14,652 | $230,550 |
| 2013 | -- | $230,550 -29.7% |
| 2012 | $19,687 | $327,950 |
| 2011 | -- | $327,950 -26.2% |
| 2010 | -- | $444,620 +0.1% |
| 2009 | -- | $444,300 +9.3% |
| 2008 | $26,344 -17.3% | $406,400 -9.9% |
| 2007 | $31,868 +100.7% | $451,060 +101.9% |
| 2006 | $15,875 -8.7% | $223,380 |
| 2005 | $17,396 -23.7% | $223,380 -28% |
| 2004 | $22,788 -1.2% | $310,070 +1.5% |
| 2003 | $23,067 +25.3% | $305,450 +18.6% |
| 2002 | $18,406 -10.7% | $257,640 -1.2% |
| 2001 | $20,601 | $260,679 |
Find assessor info on the county website
Neighborhood: 81505
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Nearby schools
GreatSchools rating
- 7/10Pomona Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10West Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Grand Junction High SchoolGrades: 9-12Distance: 1.3 mi
- Colorado
- Mesa County
- Grand Junction
- 81505
- 585 255th Rd
Nearby cities
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Other Grand Junction Topics
