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2336 Elm Avenue, Grand Junction, CO 81501

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For Sale

$499,900

6 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Over 50 Years Old
    Age

Explore this Property

This 2864 sq ft property includes a 4 bed, 2 bath main house + basement apartment-perfectly located near Colorado Mesa University. Ideal for investors or owner-occupants seeking rental income. The basement apartment 1024 SQFT, 2 bedrooms (1 non-conform), 1 bath, rents for $1,000/month. Tenants are m-t-m & pay all utilities except w/s/t. No pets or smoking-ever. The main house is currently being refreshed with new paint & carpet, the front porch is being updated. Major improvements in the past 5 years include: new sewer line, roof & gutters, updated mechanical systems (HVAC, etc.) Ample off-street parking via alley access w/small RV pad. Strong rental demand due to proximity to CMU. Live in one unit and rent the other, or lease both for strong, consistent income, with a high cap rate, turnkey condition, and prime location in a growing Grand Junction market.
MLS# 20254015

Courtesy Of RE/MAX 4000, INC

(970) 241-4000

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres
  • Roof Type
    Asphalt
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room

Map and Directions

Directions to 2336 Elm Avenue, Grand Junction, CO 81501

Home seller CENTURY 21 CapRock Real Estate

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CENTURY 21 CapRock Real Estate

(970) 257-0500
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Monthly Payment Breakdown

  • Principle and Interest
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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.