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236 Gunnison Avenue, Grand Junction, CO 81501

Grand Junction
Local realty services provided by:CENTURY 21 CapRock Real Estate
236 Gunnison Avenue,Grand Junction, CO 81501
$683,000
  • 4 Beds
  • 4 Baths
  • 1,978 sq. ft.
  • Multi-family
  • Active
Listed by: jim brunswick - the brunswick team
Office: re/max 4000, inc
MLS#:20264563
Source:CO_GJARA

Price summary

  • Price:$683,000
  • Price per sq. ft.:$345.3

About this home

**LIVE IN ONE—COLLECT $27,000/YEAR FROM THE OTHER TWO!** 236 Gunnison Avenue offers a rare **multi-generational and income-producing opportunity in Downtown Grand Junction**, with three distinct living spaces and two already generating rental income. The updated **main-level residence features 2 bedrooms and 2 bathrooms**, blending modern improvements with the character and charm of an established downtown home. The **lower-level unit has a private entrance, 1 bedroom, 1 bathroom, and kitchenette** and currently rents for **$1,100/month**. The tenant has been in place approximately four years and would like to stay. The basement bedroom is **non-conforming due to the existing non-egress window**. The **detached ADU** adds another 1 bedroom, 1 bathroom, and kitchenette and currently rents for **$1,150/month**, with that tenant also interested in staying. That means the two secondary living spaces currently produce **$2,250/month—or $27,000/year in gross rental income—while leaving...

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Home facts

  • Year built:1939
  • Subdivision & Development:City of Grd Jct
  • Listing ID #:20264563
  • Added:42 day(s) ago
  • Updated:October 23, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Hardwood, Laminate, Simulated Wood
  • Kitchen Description:Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Exterior Entry, Finished, Full
  • Living area:1,978 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air, Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:1939
  • Building area:1,978 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Landscaped, Sprinkler System
  • Construction Materials:Stucco, Wood Frame, Wood Siding
  • Exterior Features:Shed
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Grand Junction
  • Middle school:West
  • Elementary school:Chipeta

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$683,000
  • Price per sq. ft.:$345.3
  • Tax amount:$1,782 (2025)

Features and amenities

  • Appliances:Range Hood, Refrigerator

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