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About This Home

This 12-bedroom, 9-bathroom residential multi family at 581 W Indian Creek Drive in Grand Junction, CO is listed for $1,699,000 ($271 per sqft). Built in 2022, the home offers 6,266 sqft of living space on a 0.08 acres lot.

Agent Description

Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans.

Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.

Key Features

  • Built in 2022
  • 0.08 acre lot

Property Details

9 full
#2, 4, 5, 6
2022

Amenities

A/C

Monthly Cost Estimate

$9,242/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,362
Insurance$496
HOA$155

Estimates only. Actual payments may vary.

Location

581 W Indian Creek Drive

Grand Junction, CO 81501

Peppertree

Features & Amenities

Interior Features

CeilingFansPantryWalkInClosetsWalkInShower

Property Details

Flooring

VinylCarpet

Construction

Stone Stucco WoodFrame

Pool Features

Patio

Heating

Forced Air

Cooling

Central Air

Appliances

DryerDishwasherElectricCooktopElectricOvenElectricRangeDisposalMicrowaveRefrigeratorRangeHoodWasher

Questions & Answers

This 12-bedroom, 9-bathroom residential multi family at 581 W Indian Creek Drive is listed at $1,699,000 ($271/sqft). The estimated monthly payment is $7,517 based on 20% down at 6.5% interest.

HOA fees are $155/month.

Key features include: Built in 2022, 0.08 acre lot. Interior Features: CeilingFans, Pantry, WalkInClosets.

This property is listed by Cory Carlson and can be reached at 9702619311 or cory@venturegj.com.

CC

Cory Carlson

Agent at VENTURE GROUP

(970) 261-9311

Listed by VENTURE GROUP · View on Broker Site

MLS# 20253883· Source: listhub· Updated 286 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.

581 W Indian Creek Drive, Grand Junction, CO 81501

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