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581 W Indian Creek Drive , 2, 4, 5, 6

Grand Junction, CO 81501
  • $1,699,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 20253883
UPDATED: 137 min ago
$1,699,000
  • 12
    BEDS
  • 0.08
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 6,266
    SQFT
  • $271
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.

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© 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 2025-12-12T00:15:21.173 UTC.

www.westerncoloradodistinctiveproperties.com/homes/166808329
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581 W Indian Creek Drive , 2, 4, 5, 6 Grand Junction, CO 81501

  • Price: $1,699,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 137 min ago
  • MLS #: 20253883
12
Beds
9
Baths
0
½ Baths
0.08
Acres
6,266
SQFT
$271
$/SQFT
2022
Built
Neighborhood:
Peppertree
County:
Mesa
Area:
Grand Junction City
Elementary School:
Nisley
Middle School:
Bookcliff
High School:
Central
Property Description
Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.
Exterior Features

Architectural Style Other See Remarks Construction Materials Stone Stucco Wood Frame Direction Faces East Exterior Features None Lot Features Landscaped Lot Size Dimensions 117' x 28' Patio And Porch Features Open Patio Road Frontage Type City Street Roof Asphalt Composition

Interior Features

Appliances Dryer Dishwasher Electric Cooktop Electric Oven Electric Range Disposal Microwave Refrigerator Range Hood Washer Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Carpet Luxury Vinyl Luxury Vinyl Plank Foundation Details Slab Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(s) Pantry Walk- In Closet(s) Walk- In Shower Laundry Features Washer Hookup Dryer Hookup

Property Features

Accessibility Features None Low Threshold Shower Association Amenities None Association Fee 155 Association Fee Frequency Monthly Association Fee Includes Common Area Maintenance Maintenance Structure Snow Removal Sprinkler Association YN Yes Current Use Residential Single Family Elevation 4495 Land Lease YN No Property Sub Type Multi Family Sewer Connected Tax Annual Amount 7412.18 Tax Year 2024 Water Source Public Zoning Description RM-8

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 2025-12-12T00:15:21.173 UTC.

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