$409,000
 $2,196 est/mo Sourced by Back At You

581 W Indian Creek Drive,Grand Junction, CO 81501

Grand Junction, CO 81501

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Description

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 4/30/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

Details

MLS #20262344
Listing TypeFor Sale
StyleTown House
HOA Dues$155
Sub-TypeResale
StatusActive
Year2021
Days On Site140
Listing Provided ByVENTURE GROUP | CORY CARLSON

Features

Bed(s)3
Bath(s)2
SQ Feet1,446
Garage2
Story(s)1
ZoningRM-8
Acreage0.08

Exterior

Lot FeaturesNone

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Garage

Area Information

StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NamePeppertree
Listing VS Median (in Peppertree)
Price:
$409,000
low | high
Med:
$489,000
30.440097799511% of Average
sqft:
1,446
low | high
Med:
1,871
20.60857538036% of Average
$ / sqft:
$283
low | high
Med:
$261
57.598279753123% of Average
On site:
140
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 81501

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Additional Information

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Learn More About This Property

No name

 (970) 243-0456
StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NamePeppertree
Listing VS Median (in Peppertree)
Price:
$409,000
low | high
Med:
$489,000
30.440097799511% of Average
sqft:
1,446
low | high
Med:
1,871
20.60857538036% of Average
$ / sqft:
$283
low | high
Med:
$261
57.598279753123% of Average
On site:
140
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $306K - $511K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
1215 N 15th Street Property Photo 1
$349,900
1215 N 15th Street
Grand Junction, CO 81501
Listing Updated: September 28, 2026 at 11:01:28 PM PDT