For sale

$850,000

626 N 7th St, Grand Junction, CO 81501

7beds

6baths

4,261sqft

$5,401/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$775,400 Zestimate^®

$199/sqft

$-- HOA

What's special

Newer furnace

Prime investment opportunity in the historic 7th Street district of Downtown Grand Junction. This multi-unit property includes six apartments, two of which are dorm-style with a shared bath, offering flexible rental configurations and strong demand from value-driven tenants. The building boasts a long, consistent rental history with all units currently rented month to month. Key mechanical updates, including a newer furnace, updated hot water, and a new septic line. With plentiful parking—a rarity downtown—this property is positioned for continued cash flow and long-term appreciation. A solid addition to any investor’s portfolio. REQUIRED at least a 48-hour notice for showings. NO SHOWINGS WILL BE APPROVED UNTIL AUGUST 1ST.

74 days
147
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Heating

Baseboard, Forced Air

Cooling

None

Appliances

Included: Electric Oven, Electric Range, Refrigerator

Features

Ceiling Fan(s)
Flooring: Carpet, Vinyl
Basement: Exterior Entry,Full,Concrete
Has fireplace: No

Interior area

Total structure area: 4,261
Total interior livable area: 4,261 sqft

Property

Parking

Parking features: Guest, Shared Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Open
Exterior features: None

Lot

Size: 10,454 Square Feet
Dimensions: 140 x 75
Features: Xeriscape

Details

Parcel number: 294514126002
Zoning description: PD

Construction

Type & style

Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family

Materials

Wood Siding, Wood Frame
Foundation: Basement
Roof: Asphalt,Composition

Condition

Year built: 1900

Utilities & green energy

Sewer: Connected
Water: Public

Green energy

Water conservation: Water-Smart Landscaping

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No
Amenities included: None
Services included: None

Location

Region: Grand Junction
Elevation: 4500

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $732,400
Annual tax amount: $3,316
Date on market: 7/16/2026

Estimated market value

$775,400

$737,000 - $814,000

$2,143/mo

Price history

Date	Event	Price
7/16/2026	Listed for sale	$850,000$199/sqft
Source: GJARA #20263486 Report a problem
5/10/2025	Listing removed	$950
Source: Zillow Rentals Report a problem
5/8/2025	Listed for rent	$950
Source: Zillow Rentals Report a problem
7/11/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/4/2024	Listed for rent	$950-22.4%
Source: Zillow Rentals Report a problem
9/22/2023	Listing removed	--
Source: Zillow Rentals Report a problem
8/16/2023	Listed for rent	$1,225
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$3,316 +33.9%	$49,800 -3.6%
2025	$2,477 +0.6%	$51,640 +32.1%
2024	$2,463 +15.4%	$39,090
2023	$2,134 -2.5%	$39,090 +32%
2022	$2,189 +19.1%	$29,610 -4.9%
2021	$1,838	$31,140 +16.4%
2020	$1,838 +7.6%	$26,750 -0.7%
2019	$1,709	$26,930 +11.5%
2018	$1,709 +16.6%	$24,150
2017	$1,465	$24,150 +3.4%
2016	$1,465 -1.3%	$23,360
2015	$1,484 +6.3%	$23,360 +5.5%
2014	$1,397	$22,150
2013	--	$22,150 -3.4%
2012	$1,365	$22,930
2011	--	$22,930 -14.3%
2010	--	$26,750 +0%
2009	--	$26,740 +22.2%
2008	$1,408 -7.6%	$21,890
2007	$1,525 +97.1%	$21,890 +98.3%
2006	$774 -8.3%	$11,040
2005	$843 +4%	$11,040 -2.6%
2004	$811 -15.4%	$11,340 -13%
2003	$959 +20.3%	$13,040 +13.6%
2002	$797 -15.1%	$11,480 -6.1%
2001	$939	$12,220