$739,000
 $3,967 est/mo Sourced by Back At You

2045 Bunting Avenue,Grand Junction, CO 81501

Grand Junction, CO 81501

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Description

4plex located in the heart of town less than 1/2 mile away from CMU. Fully leased with a current cap rate of 7.31%, and a pro-forma cap rate of 8.22+%. Separate storage building included with 5 storage units, one for each tenant and one for owner/maintenance. Each tenant has their own fenced yard space, private laundry services for washer/dryers, and plenty of parking on the property. Gas/Electric separately metered. New exterior paint, all new showers throughout, and 2 of the 4 units have been fully remodeled in the last couple of years, including all new paint, flooring, fixtures, vanities, showers, countertops, etc. Units have been rented within days of going vacant for the time owner has had it - low inventory for this product in this location. Located close to new car wash that was just built on North Avenue.

Details

MLS #20263460
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1976
Days On Site39
Listing Provided ByVENTURE GROUP | KYLE SERRANO

Features

Bed(s)8
Bath(s)4
SQ Feet2,989
BasementY
Story(s)1
Units4
ZoningRM-8
Acreage0.20

Exterior

Lot FeaturesCorner Lot, Landscaped

Taxes

Tax Annual Amount2023

Area Information

StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NameN/A
Listing VS Median (in N/A)
Price:
$739,000
low | high
Med:
$680,000
57.983761840325% of Average
sqft:
2,989
low | high
Med:
1,152
100% of Average
$ / sqft:
$247
low | high
Med:
$590
88.746992933393% of Average
On site:
39
low | high
Med:
134
29.10447761194% of Average
Sourced by Back At You

Market Activity 81501

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MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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Learn More About This Property

Coldwell Banker Distinctive Properties Telluride

Coldwell Banker Distinctive Properties Telluride

 (970) 728-4454tellurideinfo@cbdistinctive.com
StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NameN/A
Listing VS Median (in N/A)
Price:
$739,000
low | high
Med:
$680,000
57.983761840325% of Average
sqft:
2,989
low | high
Med:
1,152
100% of Average
$ / sqft:
$247
low | high
Med:
$590
88.746992933393% of Average
On site:
39
low | high
Med:
134
29.10447761194% of Average
Sourced by Back At You
Listing Updated: August 11, 2026 at 9:07:38 AM PDT

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Coldwell Banker Distinctive Properties Telluride

300 West Colorado Avenue
Telluride, CO 81435
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Coldwell Banker Distinctive Properties Telluride  |  (970) 728-4454
Telluride - 300 West Colorado Avenue, Telluride, CO 81435

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