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2698 Milo Drive

Grand Junction, CO 81503
  • $779,000
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • MLS #: 20261339
Under Contract
UPDATED: 20 min ago
$779,000
  • 8
    BEDS
  • 0.28
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,080
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Current Contract has a Contingency. Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor’s portfolio. Whether you’re looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.

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© 2026 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 2026-04-20T15:15:25.677 UTC.

www.westerncoloradodistinctiveproperties.com/homes/174477836
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2698 Milo Drive Grand Junction, CO 81503

  • Price: $779,000
  • Status: Active Under Contract
  • On Site: 24 Days
  • Updated: 20 min ago
  • MLS #: 20261339
8
Beds
4
Baths
0
½ Baths
0.28
Acres
4,080
SQFT
$191
$/SQFT
1977
Built
Neighborhood:
Charla
County:
Mesa
Area:
Orchard Mesa
Elementary School:
Dos Rios
Middle School:
Orchard Mesa
High School:
Grand Junction
Property Description
Current Contract has a Contingency. Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor’s portfolio. Whether you’re looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.
Exterior Features

Architectural Style Two Story Fourplex Construction Materials Wood Siding Wood Frame Direction Faces South Exterior Features Shed Levels Two Lot Features Corner Lot Xeriscape Lot Size Dimensions 113x129x40x42x70x90 Other Structures Shed(s) Parking Features RV Access / Parking Patio And Porch Features None Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Composition

Interior Features

Appliances Dishwasher Electric Oven Electric Range Refrigerator Basement Crawl Space Cooling Evaporative Cooling Cooling YN Yes Fireplace YN No Flooring Carpet Luxury Vinyl Luxury Vinyl Plank Tile Foundation Details Stem Wall Green Energy Efficient Lighting Windows Heating Baseboard Hot Water Natural Gas Heating YN Yes Interior Features Laminate Counters Window Treatments Window Features Low- Emissivity Windows Window Coverings

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Association YN No Current Use Multi- Family Elevation 4597 Green Water Conservation Water- Smart Landscaping Land Lease YN No Property Sub Type Quadruplex Sewer Connected Tax Annual Amount 2405.61 Tax Year 2025 Water Source Public Year Built Effective 2024 Zoning Description RMF

Listing courtesy of Michelle Ritter of RE/MAX 4000, INC: 970-241-4000.
© 2026 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 2026-04-20T15:15:25.677 UTC.

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