See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

744 Colorado Ave, Grand Junction, CO, 81501

4beds
2baths
2,360sqft
$399,000
$169price/sqft
$2,445/moest. monthly cost
$97,800/yrincome needed

About This Home

DOWNTOWN INVESTMENT PROPERTY!! This duplex is a turn key investment that will cash flow right away with value add opportunity. This property offers two large updated units and a detached building, with B-2 zoning allowing possible development of additional units! Your tenants will love the perfect location just minutes from shops, restaurants, live music, farmers market and Colorado Mesa University! Each unit is complete with 2 beds, 1 bath, beautiful hardwood floors, enclosed front and back porches, separate fenced yards and tons of Victorian charm. Improvements include professionally reinforced foundation, new paint, refinished floors, and lovely kitchen and bath updates. This is a must see! Call today to schedule your showing! Information deemed reliable but not guaranteed. Buyer to verify all to satisfaction. Terms subject to change without notice.

Getting Around

85
WalkingVery Walkable
29
TransitSome Transit
98
BikeBiker's Paradise

Schools

7/10
Chipeta Elementary SchoolGrades PK-50.5 mi
5/10
West Middle SchoolGrades 6-81.4 mi
5/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stem Wall
  • Roof: Metal
  • Construction materials: Wood Siding,Wood Frame

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Gas Oven,Gas Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Other,See Remarks
  • Flooring: Hardwood,Tile

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,360
  • Total interior livable area: 2,360 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 294514420008
  • Attached to another structure: Yes
  • Zoning description: B-2

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Open,Patio

Lot

  • Lot size: 6,098 sqft
  • Features: Landscaped,Other,See Remarks
  • Lot size dimensions: 50 x 125

Parking

  • Parking features: RV Access/Parking

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
    LightningRelatively High

How This Home’s Risks Compare

Lightning

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$116$1,392
Property Taxes $126$1,512
Electricity $186$2,232
Total$2,445$29,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,828/yr
40% on housing$73,350/yr
45% on housing$65,200/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 81501$164
Mesa County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 81501$256
Mesa County$263

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

DateEventPrice
2026-05-27Listed for sale$399,000
2026-04-18Pending sale$399,000
2026-02-06Listed for sale$399,000
2026-01-29Pending sale$399,000
2025-12-29Price change$399,000
2025-10-28Listed for sale$435,000
2023-11-14Listing removed--
2023-09-19Listing removed--
2023-09-19Listed for rent$1,375
2021-03-26Sold$320,000
2021-03-15Pending sale$350,000
2021-03-15Listing removed--
2021-01-26Pending sale$350,000
2021-01-24Listed for sale$350,000
2021-01-15Listing removed--
2021-01-15Pending sale$350,000
2021-01-11Listed for sale$350,000
2020-06-01Listing removed$309,000
2020-05-14Price change$309,000
2020-05-01Price change$317,000
2020-03-10Listed for sale$319,000
2019-09-30Sold$216,000
2019-09-10Listed for sale$219,900
2019-09-08Pending sale$219,900
2019-09-04Listed for sale$219,900
2019-08-26Sold$160,000

For Sale by Agent

AgentDAN BISHOP
BrokerageCENTURY 21 ELEVATED REAL ESTATE

Similar Homes