For sale
  • $525,000

    2336 Elm Ave, Grand Junction, CO 81501

    6beds
    3baths
    2,864sqft
    : 
    Duplex, Multi Family
    Built in 1910
    -- sqft lot
    $504,300 Zestimate®
    $183/sqft
    $-- HOA

    What's special

    Small rv padOff-street parking
    Turnkey Duplex Near CMU-Fully rented & updated! Investor special just steps from Colorado Mesa University! This well-maintained duplex features 2 units: Unit 1: 4 bed / 2 bath vacant as of 8/15/25 Unit 2: 2 bed (1 non-conforming) / 1 bath @ $1,000/mo. Both tenants are M-T-M, tenants pay all utilities except W-S-T. No pets or smoking - ever. Major updates in last 5 years include new sewer line, roof & gutters, major mech systems (HVAC, etc). Ample off-street parking via alley + small RV pad for upper unit. Excellent rental demand due to proximity to CMU - ideal for student or faculty housing. Live in one unit & rent the other, or lease both for consistent income. High cap rate potential in a growing Grand Junction market. Prime location. Turnkey condition. Strong cash flow. Don't miss this low-maintenance, income-generating gem near one of GJ's most desireable rental zones.
    40 days
    on Zillow
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    653
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    24
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