818 Colorado Ave, Grand Junction, CO, 81501
About This Home
OCHO-NUEVE DOWNTOWN TOWNHOMES WITH A DETACHED ADU OFFER A RARE OPPORTUNITY TO OWN MODERN NEW CONSTRUCTION IN DOWNTOWN GRAND JUNCTION WITH BUILT-IN INCOME POTENTIAL. | These homes combine clean modern design, a highly desirable downtown location, and the added value of a detached ADU that can help offset your payment from day one. | For buyers who want to live downtown without giving up their financial strategy, Ocho-Nueve offers a setup that is hard to find. For investors, these properties stand out as a strong opportunity with projected potential to cash flow out of the gate. | This is the kind of product that makes sense for someone who wants the lifestyle of downtown Grand Junction and the numbers to back it up. Detached ADU, modern design, and real flexibility all in one package. | Homes will be offered on a first come, first serve basis. Reach out for rental comps, availability, and deposit information to reserve a home.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 2026
Materials
- Foundation: Stem Wall
- Roof: Flat,Rolled/Hot Mop
- Construction materials: Stucco,Wood Frame
Type & Style
- Home type: Townhouse
- Architectural style: Two Story
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Disposal,Gas Oven,Gas Range,Refrigerator,Range Hood
- Laundry features: Laundry Room,Washer Hookup,Dryer Hookup
Basement
- Basement: Crawl Space
Bedroom2
- Level: Upper
- Dimensions: 10'x10'
Bedroom3
- Level: Upper
- Dimensions: 9.5'x9'
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Dining Room
- Level: Main
- Dimensions: 10'x17.5'
Family Room
- Dimensions: N/A
Features
- Ceiling Fan(s),Kitchen/Dining Combo,Pantry,Quartz Counters,Upper Level Primary,Walk-In Closet(s)
- Flooring: Carpet,Luxury Vinyl,Luxury VinylPlank,Tile
- Fireplace features: Electric,Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Hot Water,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,198
- Total interior livable area: 2,198 sqft
Kitchen
- Level: Main
- Dimensions: 9'x14.5'
Laundry
- Level: Main
- Dimensions: 9'x6'
Living Room
- Level: Main
- Dimensions: 16'x21.5'
Master Bedroom
- Level: Upper
- Dimensions: 12'x12'
Property
Accessibility
- Accessibility features: Low Threshold Shower
Details
- Parcel number: 294514421028
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Patio
- Fencing: None
Lot
- Lot size: 3,049 sqft
- Features: Landscaped,Xeriscape
- Lot size dimensions: 25' x 125'
Parking
- Total spaces: 2
- Parking features: Detached,Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
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 | $3,286 | $39,432 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $205 | $2,460 |
| Electricity | $186 | $2,232 |
| Total | $3,866 | $46,392 |
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 |
|---|---|---|
| 2026-04-02 | Listed for sale | $649,900 |
| 2025-04-16 | Listing removed | $540,000 |
| 2024-09-09 | Listed for sale | $540,000 |
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