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About This Home

This 8-bedroom, 4-bathroom residential multi family at 2698 Milo Drive in Grand Junction, CO is listed for $779,000 ($191 per sqft). Built in 1977, the home offers 4,080 sqft of living space on a 0.28 acres lot.

Agent Description

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.

Key Features

  • Built in 1977
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
4 full
1977

Amenities

A/CRV Parking

Monthly Cost Estimate

$4,166/mo

20% down · 6.5% · 30 years

Principal$563
Interest$3,376
Insurance$227

Estimates only. Actual payments may vary.

Location

2698 Milo Drive

Grand Junction, CO 81503

Charla

Features & Amenities

Interior Features

LaminateCountersWindowTreatments

Exterior Features

Shed

Property Details

Flooring

TileCarpetVinyl

Construction

WoodSiding WoodFrame

Parking

RV

Heating

Hot Water(Heating)Natural GasBaseboard

Appliances

DishwasherElectricOvenElectricRangeRefrigerator

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 2698 Milo Drive is listed at $779,000 ($191/sqft). The estimated monthly payment is $3,376 based on 20% down at 6.5% interest.

Key features include: Built in 1977, 0.28 acre lot, 2 stories. Interior Features: LaminateCounters, WindowTreatments. Exterior Features: Shed.

This property is listed by Michelle Ritter and can be reached at 9702619817 or michelle@gjproperties.com.

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MR

Michelle Ritter

Agent at RE/MAX 4000, INC

(970) 261-9817

Listed by RE/MAX 4000, INC

MLS# 20261339· Source: listhub· Updated 15 days ago

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.

2698 Milo Drive, Grand Junction, CO 81503

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