$409,000
 $2,196 est/mo Sourced by Back At You

581 W Indian Creek Drive,Grand Junction, CO 81501

Grand Junction, CO 81501

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Description

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 1/31/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

Details

MLS #20262346
Listing TypeFor Sale
StyleTown House
HOA Dues$155
Sub-TypeResale
StatusActive
Year2021
Days On Site110
Listing Provided ByVENTURE GROUP | CORY CARLSON

Features

Bed(s)3
Bath(s)2
SQ Feet1,430
Garage2
Story(s)1
ZoningRM-8

Exterior

Lot FeaturesNone

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Garage

Area Information

StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NamePeppertree
Listing VS Median (in Peppertree)
Price:
$409,000
low | high
Med:
$409,900
49.779951100244% of Average
sqft:
1,430
low | high
Med:
1,492
45.664335664336% of Average
$ / sqft:
$286
low | high
Med:
$275
53.944591201977% of Average
On site:
110
low | high
Med:
184
59.782608695652% of Average
Sourced by Back At You

Market Activity 81501

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Additional Information

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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 Sun Valley

Coldwell Banker Distinctive Properties Sun Valley

 (208) 622-3400sunvalleyinfo@cbdistinctive.com
StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NamePeppertree
Listing VS Median (in Peppertree)
Price:
$409,000
low | high
Med:
$409,900
49.779951100244% of Average
sqft:
1,430
low | high
Med:
1,492
45.664335664336% of Average
$ / sqft:
$286
low | high
Med:
$275
53.944591201977% of Average
On site:
110
low | high
Med:
184
59.782608695652% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 5:32:39 PM PDT

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Coldwell Banker Distinctive Properties Sun Valley

120 N 2nd Avenue #101
Ketchum, ID 83340
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© 2026 Coldwell Banker Sun Valley Properties - (208) 622-3400.
Equal housing opportunity. An equal opportunity company. `);
© 2026 Coldwell Banker Distinctive Properties. Equal housing opportunity. An equal opportunity company.

© 2026 Coldwell Banker Distinctive Properties. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Distinctive Properties fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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 Sun Valley Board of REALTORS MLS.

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