538 W Colorado Avenue, Grand Junction, CO 81501

$220,000
2
BD
3
BA
1,222
SqFt

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Sold Price
$220,000
List Price
$250,000
Closing Date
Mar 12, 2026
Days on Market
97
Status
CLOSED
MLS#
20255551
Bedrooms
2
Bathrooms
3
Living Area
1,222
Lot Size (Acres)
0.13
Style
Two Story
Year Built
1908

Property Description

Great opportunity in Riverside! This 2-bedroom, 1-bath home includes a bonus ADU in the back, offering excellent potential for rental income, multi-generational living, or guest accommodations. The main home offers a functional layout and solid bones, and while it could use a bit of TLC, it presents a fantastic chance to add value in an up-and-coming neighborhood. The property has historically performed well as a rental with strong occupancy, making it a compelling option for investors. It would also make a wonderful home for an owner-occupant looking to personalize a space while benefiting from the added versatility of an accessory dwelling unit. Don’t miss this opportunity to own in a growing area with great potential! Buyer to verify all to satisfaction. Terms subject to change without notice.

Additional Information

Area
Grand Junction City
Subdivision
West Main Street Area
Stories
2
Interior Features
Kitchen/Dining Combo, None, Upper Level Primary
Fireplace Description
None
Flooring
Laminate
Exterior Features
Other, See Remarks
Heating
Forced Air
Cooling
Evaporative Cooling
Water
Public
Sewer
Connected
Elementary School
Wingate
Middle School
Redlands
High School
Grand Junction

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Listing courtesy of CENTURY 21 ELEVATED REAL ESTATE. Selling Office: .

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