About This Home

This 8-bedroom, 4-bathroom multi-family at 2045 Bunting Avenue in Grand Junction, CO is listed for $719,000 ($241 per sqft). Built in 1976, the home offers 2,989 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1976
  • 0.20 acre lot

Property Details

1 story
4 full
1976

Amenities

A/C
Listing Description

4plex located in the heart of town less than 1/2 mile away from CMU. Fully leased with a current cap rate of 7.5%, and a pro-forma cap rate of 8.5+%. Separate storage building included with 5 storage units, one for each tenant and one for owner/maintenance.

Each tenant has their own fenced yard space, private laundry services for washer/dryers, and plenty of parking on the property. Gas/Electric separately metered. New exterior paint, all new showers throughout, and 2 of the 4 units have been fully remodeled in the last couple of years, including all new paint, flooring, fixtures, vanities, showers, countertops, etc.

Units have been rented within days of going vacant for the time owner has had it - low inventory for this product in this location. Located close to new car wash that was just built on North Avenue.

Monthly Cost Estimate

$3,845/mo

20% down · 6.5% · 30 years

Principal$520
Interest$3,116
Insurance$210

Estimates only. Actual payments may vary.

Location

2045 Bunting Avenue

Grand Junction, CO 81501

Features & Amenities

Exterior Features

DogRunShed

Property Details

Flooring

LaminateVinylCarpet

Construction

BrickVeneer WoodSiding WoodFrame

Heating

Natural Gas

Appliances

DishwasherElectricOvenElectricRangeDisposalRefrigeratorRangeHood

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 2045 Bunting Avenue is listed at $719,000 ($241/sqft). The estimated monthly payment is $3,846 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.20 acre lot. Exterior Features: DogRun, Shed.

This property is listed by Kyle Serrano.

KS

Kyle Serrano

Agent at VENTURE GROUP

Listed by VENTURE GROUP · Broker phone: 970-778-0796 · View on Broker Site

MLS# 20263460· Source: Grand Junction Area Association of Realtors· 107 days on PropertySimple

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2045 Bunting Avenue, Grand Junction, CO 81501

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