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1290 Walnut Avenue

Grand Junction, CO 81501
  • $425,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 20254741
UPDATED: 22 min ago
$425,000
  • 2
    BEDS
  • 0.41
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,374
    SQFT
  • $309
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
1956
County:
Mesa
Area:
Grand Junction City

School Information

Elementary School:
Tope
Middle School:
West
High School:
Grand Junction
School Ratings & Info

Description

Prime development opportunity by Colorado mesa University! Discover the rare potential of this residential income property situated on a large .41-acre corner lot in the heart of Grand Junction. Just steps away from Colorado mesa University, this property not only offers investment income, but also incredible investment potential. With RH-24 zoning, the lot allows for high-density residential, multifamily development, and Additional Dwelling Unit (ADU). Property is currently leased month to month. Don't miss this chance to secure one of the largest residential parcels near CMU with endless possibilities for redevelopment and income potential!

Monthly Payment Calculator

© 2025 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. Data last updated 2025-11-14T00:15:22.7 UTC.

www.westerncoloradodistinctiveproperties.com/homes/168406204
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1290 Walnut Avenue Grand Junction, CO 81501

  • Price: $425,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 22 min ago
  • MLS #: 20254741
2
Beds
1
Baths
0
½ Baths
0.41
Acres
1,374
SQFT
$309
$/SQFT
1956
Built
Neighborhood:
N/A
County:
Mesa
Area:
Grand Junction City
Elementary School:
Tope
Middle School:
West
High School:
Grand Junction
Property Description
Prime development opportunity by Colorado mesa University! Discover the rare potential of this residential income property situated on a large .41-acre corner lot in the heart of Grand Junction. Just steps away from Colorado mesa University, this property not only offers investment income, but also incredible investment potential. With RH-24 zoning, the lot allows for high-density residential, multifamily development, and Additional Dwelling Unit (ADU). Property is currently leased month to month. Don't miss this chance to secure one of the largest residential parcels near CMU with endless possibilities for redevelopment and income potential!
Exterior Features

Architectural Style Ranch Construction Materials Block Stone Direction Faces South Exterior Features None Fencing Chain Link Garage YN No Lot Features None Lot Size Dimensions 150' x 120' Patio And Porch Features Covered Patio Road Frontage Type City Street Roof Asphalt Composition

Interior Features

Appliances Dryer Dishwasher Electric Oven Electric Range Disposal Refrigerator Washer Basement Partial Basement YN Yes Cooling Evaporative Cooling Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Carpet Linoleum Heating Floor Furnace Heating YN Yes Interior Features Kitchen / Dining Combo Main Level Primary None Rooms Living Room (Main Level) Laundry (Main Level) Kitchen (Main Level) Family Room Dining Room (Main Level) Primary Bedroom (Main Level) Bedroom 2 (Main Level)

Property Features

Accessibility Features None Association Fee 0 Association Fee Includes None Association YN No Current Use Residential Single Family Elevation 4600 Land Lease YN No Property Sub Type Single Family Residence Sewer Connected Water Source Public Zoning Description RH-24

Listing courtesy of Cory Carlson of VENTURE GROUP: 970-892-2200.
© 2025 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. Data last updated 2025-11-14T00:15:22.7 UTC.

 
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Coldwell Banker Distinctive Properties
2499 US Highway 6 & 50
Grand Junction CO, 81505