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945 Colorado Avenue
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Sold

945 Colorado Avenue

945 Colorado Avenue, Grand Junction, CO 81501

$499,000
Fully Remodeled Duplex, a prime Downtown Grand Junction investment! Wonderfully maintained and fully remodeled duplex in the heart of Downtown Grand Junction, CO, zoned RO (Residential/Office) for outstanding flexibility. Each unit offers 2 bedrooms, 1 bathroom, a ranch-style layout with basement, and has been upgraded from top to bottom. Both sides feature central air units, new furnaces, new roof, new flooring, fresh paint, updated fixtures, fully renovated kitchens and bathrooms, brand-new appliances, plus new electrical and plumbing throughout. But let's not forget the vintage, original hard wood flooring shines throughout. Every detail has been addressed, making this a low-maintenance, turn-key investment. Each unit includes one bay of the 3-car detached garage (3rd bay can be used for storage or rent this out as well) plus two off-alley parking spaces (can be used for RV parking). All kitchen appliances, washers, and dryers stay in each unit for tenant convenience. This property has tenants who have never paid rent late (in fact, they pay early) and are currently at market value, ensuring reliable cash flow from day one. Both units are rented and tenants can stay in place. Located just steps from downtown shops, restaurants, and entertainment, tenants will love the weekly farmers market, art galleries, live music, and year-round community events. Outdoor enthusiasts will appreciate easy access to world-class hiking, biking, skiing, the Colorado River, and the scenic beauty of the Grand Mesa--all just minutes away. This is a rare chance to own a fully updated, income-producing property in one of Grand Junction's most vibrant and desirable locations.

4
beds

2
baths

2,141 Sq.Ft. LIVING AREA

7,840.8 Sq.Ft. lot

Carolee Hawkins

Carolee Hawkins

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms2
  • Flooring Hardwood, Laminate, Simulated Wood, Tile
  • APPLIANCES Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • other interior Features Dry Bar, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Window Treatments

Area & Lot

  • Status Sold
  • Date Sold September 3, 2025
  • Living Area2,141 Sq.Ft.
  • Total Area2,141 Sq.Ft.
  • Lot Area7,840.8 Sq.Ft.
  • MLS® ID20253930
  • TypeMulti-Family
  • YEAR BUILT1927
  • NeighborhoodGrand Junction
  • Architecture StylesRanch
  • Elementary SchoolChipeta
  • Middle SchoolEast
  • High SchoolGrand Junction

Exterior

  • STORIES1
  • water SourcePublic
  • roofAsphalt, Composition
  • lot featuresSprinklers In Rear, Sprinklers In Front, Landscaped, Sprinkler System
  • parkingRV Access/Parking
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air
  • sewerConnected
  • SubstructureStem Wall
  • Disability FeaturesNone, Low Threshold Shower
  • HOA AmenitiesNone
  • other exterior FeaturesSprinkler/Irrigation

Financial

  • Sales Price$499,000
  • Real Estate Tax $1,970/yr

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