$779,000

2698 Milo Drive, Grand Junction, CO 81503

  • 8 beds |
  • 4 baths |
  • 4,080 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1977
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $191/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor’s portfolio. Whether you’re looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.

Listing Status:
Active
Date Added:
March 26, 2026
Data Last Updated:
April 5, 2026 at 7:19AM
Listing Office:
RE/MAX 4000, INC : 970-241-4000
Listing Agent:
MICHELLE RITTER : 970-261-9817
MLS ID:
20261339
  • General: Laminate CountersWindow Treatments
  • Appliances: DishwasherElectric OvenElectric RangeRefrigerator
  • Basement: Crawl Space
  • Flooring: CarpetLuxury VinylLuxury VinylPlankTile
  • A/C: Evaporative Cooling
  • Heating: BaseboardHot WaterNatural Gas
  • Disability Feature: None
  • Eco/Green Feature: Water-Smart LandscapingLightingWindows
  • General: ShedShed(s)
  • Style: Two StoryFourplex
  • Other Structures: Shed(s)
  • Parking: RV Access/Parking
  • Roofing: AsphaltComposition
  • Windows: Low-Emissivity WindowsWindow Coverings
  • General: Wood SidingWood Frame2Stem Wall
  • Road/Access: City Street
  • HOA Amenities: None
  • Originating MLS: GJARA_GJARA
  • County: Mesa
  • Zoning: 2945-261-25-002
  • Current Use: Multi-Family
  • Water: Public
  • Sewer: Connected
  • Source: GJARA_GJARA

This listing courtesy of MICHELLE RITTER , RE/MAX 4000, INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dos Rios Elementary School

265 Linden Ave, Grand Junction, CO, 81503

Grades PK-5

0.39 miles away

O

Orchard Mesa Middle School

2736 Unaweep Ave, Grand Junction, CO, 81503

Grades 6-8

0.39 miles away

G

Grand Junction High School

1400 N 5th St, Grand Junction, CO, 81501

Grades 9-12

2.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.