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538 W Colorado Avenue, Grand Junction, CO 81501

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For Sale

$299,000

2 beds • 3 baths • 1,222 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $244.68
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great opportunity in Riverside! This 2-bedroom, 1-bath home includes a bonus ADU in the back, offering excellent potential for rental income, multi-generational living, or guest accommodations. The main home offers a functional layout and solid bones, and while it could use a bit of TLC, it presents a fantastic chance to add value in an up-and-coming neighborhood. The property has historically performed well as a rental with strong occupancy, making it a compelling option for investors. It would also make a wonderful home for an owner-occupant looking to personalize a space while benefiting from the added versatility of an accessory dwelling unit. Don't miss this opportunity to own in a growing area with great potential! Buyer to verify all to satisfaction. Terms subject to change without notice.
MLS# 20255551

Courtesy Of CENTURY 21 CAPROCK REAL ESTATE

(970) 718-9009

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Laminate
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 538 W Colorado Avenue, Grand Junction, CO 81501

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.