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About This Home

This 5-bedroom, 3-bathroom residential multi family at 1015 Grand Avenue in Glenwood Springs, CO is listed for $1,350,000 ($355 per sqft). Built in 1997, the home offers 3,807 sqft of living space on a 0.11 acres lot.

Agent Description

Downtown Glenwood Springs - Rare Income Property! This one-of-a-kind property in the heart of downtown Glenwood Springs offers endless potential and flexibility. The charming front house, built in 1938, features 1 bedroom and 1 bathroom, showcasing classic character and timeless appeal.

Zoned for single-family residential or commercial use, this property is ideal for a variety of purposes. Behind the main house sits a well-maintained duplex built in 1997, offering strong rental income history. Each unit includes 2 bedrooms, 1 bathroom, a covered parking space, and a private storage closet.

The duplex provides excellent investment opportunities. Enjoy the perfect combination of historic charm, income potential, and prime downtown location--all within walking distance to restaurants, shops, and Glenwood's best amenities. RENTAL INCOME for the 3 units = $7,400/month

Key Features

  • Built in 1997
  • 0.11 acre lot
  • Fireplace

Property Details

2 full, 1 half
1997

Amenities

Fireplace

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

1015 Grand Avenue

Glenwood Springs, CO 81601

Townsite of Glenwood Springs

Property Details

Construction

Frame

Heating

Natural GasHot Water(Heating)

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 1015 Grand Avenue is listed at $1,350,000 ($355/sqft). The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.

Key features include: Built in 1997, 0.11 acre lot, Fireplace.

This property is listed by Marianne Ackerman and can be reached at 9703793546 or marianne@propertyshopinc.com.

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MA

Marianne Ackerman

Agent at The Property Shop

(970) 379-3546

Listed by The Property Shop

MLS# 190664· Source: listhub· Updated 168 days ago

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1015 Grand Avenue, Glenwood Springs, CO 81601

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