# 581 W Indian Creek Drive, Grand Junction, CO 81501

> **TL;DR:** 12bd/9ba residential multi family, $1,699,000 ($271/sqft), built 2022, 6,266 sqft.
> A/C. Est. $7,517/mo. Listed 286 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,699,000 |
| Price/sqft | $271 |
| Bedrooms | 12 |
| Bathrooms | 9 full |
| Square Feet | 6,266 |
| Year Built | 2022 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 286 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,362 |
| HOA | $155 |
| **Total** | **$7,517** |

## Nearby Schools

- **Elementary:** Nisley
- **Middle:** Bookcliff
- **High:** Central

## Key Amenities

- A/C

## Property Highlights

- Built in 2022
- 0.08 acre lot

## Description

### 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.

## Location

- **Address:** 581 W Indian Creek Drive, Grand Junction, CO 81501
- **County:** Mesa
- **Neighborhood:** Peppertree
- **Coordinates:** 39.088919, -108.519556
- **Google Maps:** https://www.google.com/maps?q=39.088919,-108.519556

## Listing Agent

- **Name:** Cory Carlson
- **Brokerage:** VENTURE GROUP
- **Phone:** 9702619311
- **Email:** cory@venturegj.com

## Primary Photo

![581 W Indian Creek Drive - Primary Photo](http://lh.rdcpix.com/6688d8ea12b58edf9d625830642108f8l-f466730391r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/581-w-indian-creek-drive-grand-junction-co-81501-20253883)*

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**MLS#:** 20253883 | **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/581-w-indian-creek-drive-grand-junction-co-81501-20253883)

---

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  "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, dish",
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