# 2698 Milo Drive, Grand Junction, CO 81503

> **TL;DR:** 8bd/4ba residential multi family, $779,000 ($191/sqft), built 1977, 4,080 sqft.
> A/C, RV Parking. Est. $3,376/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $779,000 |
| Price/sqft | $191 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 4,080 |
| Year Built | 1977 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 15 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,376 |
| **Total** | **$3,376** |

## Nearby Schools

- **Elementary:** Dos Rios
- **Middle:** Orchard Mesa
- **High:** Grand Junction

## Key Amenities

- A/C
- RV Parking

## Property Highlights

- Built in 1977
- 0.28 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 2698 Milo Drive, Grand Junction, CO 81503
- **County:** Mesa
- **Neighborhood:** Charla
- **Coordinates:** 39.046232, -108.552788
- **Google Maps:** https://www.google.com/maps?q=39.046232,-108.552788

## Listing Agent

- **Name:** Michelle Ritter
- **Brokerage:** RE/MAX 4000, INC
- **Phone:** 9702619817
- **Email:** michelle@gjproperties.com

## Primary Photo

![2698 Milo Drive - Primary Photo](http://lh.rdcpix.com/ca7757c811862c72dae0e4dbb80661c2l-f1500157045r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/2698-milo-drive-grand-junction-co-81503-20261339)*

---

**MLS#:** 20261339 | **Updated:** 2026-04-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2698-milo-drive-grand-junction-co-81503-20261339)

---

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