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 vacant as of 11/17/2025. 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.
For sale
$499,900
2336 Elm Ave, Grand Junction, CO 81501
6beds
3baths
2,864sqft
Est.:
Duplex, Multi Family, Multi Family
Built in 1910
-- sqft lot
$489,500 Zestimate®
$175/sqft
$-- HOA
What's special
- 138 days |
- 697 |
- 36 |
- Loading
- Loading