2698 Milo Drive, Grand Junction, CO 81503

$779,000
8
BD
4
BA
4,080
SqFt

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Sold Price
$779,000
List Price
$779,000
Closing Date
May 22, 2026
Days on Market
57
County
Mesa
Status
CLOSED
MLS#
20261339
Bedrooms
8
Bathrooms
4
Lot Size (Acres)
0.28
Style
Two Story, Fourplex
Year Built
1977

Property Description

Current Contract has a Contingency. 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.

Additional Information

Area
Orchard Mesa
Subdivision
Charla
Taxes
$2,405
Stories
2
Interior Features
Laminate Counters, Window Treatments
Amenities
None
Flooring
Carpet, Luxury Vinyl, Luxury Vinyl Plank, Tile
Exterior Features
Shed
Heating
Baseboard, Hot Water, Natural Gas
Cooling
Evaporative Cooling
Water
Public
Sewer
Connected
Elementary School
Dos Rios
Middle School
Orchard Mesa
High School
Grand Junction

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Listing courtesy of RE/MAX 4000, INC. Selling Office: .

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