1627 N 5th St, Grand Junction, CO, 81501
About This Home
This spacious 6-bedroom, 2-bathroom brick home offers exceptional versatility and investment potential. Currently used as a rental, the property is well-suited for generating income or accommodating multi-generational living. All basement bedrooms have egress windows, providing safety and natural light throughout. The home includes two kitchens, making it ideal for separate living spaces or extended stays. A metal roof adds long-term value and low maintenance, while the large lot offers plenty of outdoor space for parking, and recreation. Conveniently located close to Sherwood Park and just minutes from CMU, this property combines size, functionality, and a highly desirable location. Whether you're an investor or looking for a spacious home with flexible living options, this property is a must-see.
Getting Around
Somewhat Walkable
Minimal Transit
Very BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Roof: Metal
- Construction materials: Brick,Other,See Remarks
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Full
Bedroom2
- Level: Main
- Dimensions: 12x11.1
Bedroom3
- Level: Main
- Dimensions: 10.11x11.1
Bedroom4
- Level: Basement
- Dimensions: 10.3x14.7
Bedroom5
- Level: Basement
- Dimensions: 15.2x10.6
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
Dining Room
- Dimensions: n/a
Family Room
- Level: Basement
- Dimensions: 16.3x22.3
Features
- Main Level Primary,None
- Flooring: Carpet,Hardwood,Tile
- Fireplace features: Family Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,708
- Total interior livable area: 2,708 sqft
Kitchen
- Level: Main
- Dimensions: 11x14.11
Laundry
- Level: Basement
- Dimensions: 11.1x14.7
Living Room
- Level: Main
- Dimensions: 27x13
Master Bedroom
- Level: Main
- Dimensions: 15.8x11.6
Other
- Level: Basement
- Dimensions: 11.10x12.4
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 294511307014
- Zoning description: RSF-8
Features
- Patio & porch: None
- Exterior features: Shed
- Fencing: Privacy
Lot
- Lot size: 0.25 Acres
- Features: Irregular Lot,Landscaped
- Lot size dimensions: 129.3 x 80.0 x 138.2 x 82
Parking
- Total spaces: 1
- Parking features: Carport
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Earthquake
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,776 | $33,312 |
| Home Insurance * | $160 | $1,920 |
| Property Taxes | $173 | $2,076 |
| Electricity | $204 | $2,453 |
| Total | $3,313 | $39,756 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-26 | Price change | $549,000 |
| 2026-04-22 | Listed for sale | $575,000 |
| 2022-06-16 | Listing removed | -- |
| 2022-06-10 | Listed for rent | $2,850 |
| 2022-05-27 | Sold | $439,000 |
| 2022-04-30 | Pending sale | $439,000 |
| 2022-04-26 | Listed for sale | $439,000 |
| 2022-04-01 | Pending sale | $439,000 |
| 2022-02-28 | Price change | $439,000 |
| 2022-02-21 | Pending sale | $429,000 |
| 2021-10-01 | Listed for sale | $429,000 |
| 2020-01-20 | Listing removed | $334,000 |
| 2018-08-01 | Listing removed | $1,800 |
| 2018-08-01 | Listed for sale | $334,000 |
| 2018-06-18 | Listed for rent | $1,800 |
| 2018-06-18 | Listing removed | $334,000 |
| 2018-05-23 | Listed for sale | $334,000 |
| 2015-05-19 | Listing removed | $1,595 |
| 2015-05-14 | Listed for rent | $1,595 |
| 2014-04-08 | Listing removed | $1,595 |
| 2014-02-21 | Listed for rent | $1,595 |
| 2013-10-18 | Listing removed | $2,000 |
| 2013-06-22 | Listed for rent | $2,000 |
| 2009-12-18 | Sold | $954,000 |
| 2007-01-03 | Sold | $247,000 |
| 2001-08-22 | Sold | $131,000 |
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