1206 Main St, Grand Junction, CO 81501

Tons of possibilities with this exceptional multi-unit property in the heart of Grand Junction’s historical district! Featuring a charming 4-bedroom main residence, a fully finished basement studio with private entrance, and a detached 2-bedroom, 1-bath accessory dwelling unit (ADU), this property offers outstanding flexibility for owner-occupants or investors. Live in the spacious main home and offset your mortgage by renting out the basement studio and/or ADU—or rent out all three units for a strong income-producing investment. Zoned for both residential and commercial use, this property also offers the potential for a home-based business. The main home blends original character—like a brick fireplace, built-ins, and an enclosed porch—with modern updates including a renovated kitchen, updated bathrooms, new flooring, and upgraded electrical service. The main level includes living, dining, kitchen, and a full bath, with four bedrooms and an additional bath upstairs. The basement studio includes a bathroom and kitchenette, ideal for rental or personal use. Across the drive, the ADU features two bedrooms, one bath, a full kitchen, and a screened-in porch. The ADU and basement apartment have tenants on month-to-month terms, providing immediate rental income or occupancy flexibility. Located just blocks from Colorado Mesa University, Lincoln Park, Stocker Stadium, and Downtown’s shops, restaurants, and entertainment, this property offers unbeatable convenience and long-term value. Don’t miss this unique opportunity to own a versatile, income-generating property in one of Grand Junction’s most desirable neighborhoods.