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Sold for $545,000
  • $545,000

    1506 Main St, Grand Junction, CO 81501

    8beds
    4baths
    3,012sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1982
    -- sqft lot
    $557,900 Zestimate®
    $181/sqft
    $1,543 Estimated rent

    Home value

    $557,900

    $524,000 - $597,000

    $1,543/mo

    Zestimate® history
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    $2,956/mo

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    $2,956/mo

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    What's special

    RARE FIND!! This fourplex is located 2 miles from Colorado Mesa University. Brick exterior makes for easy maintenance. Roof and boilers are approx 5 years old. Each unit has an evap cooler and baseboard heating. The laundry room is conveniently located at the top of the stairs. Coin operated washer/dryer. Parking behind the fourplex allows 2 spaces/unit plus guest parking. Each unit has been refreshed as tenants vacate. Unit 2 was finished recently. Long term tenants on month to month, except unit 2 which expires June 30, 2026. Comfortable living for tenants at under market rental rates. Lawn is irrigated and has sprinklers. Courtyard between buildings offers a welcoming feel with seating area. Only vacant unit at 1506 Main is available for showings. Once under contract, potential buyer will be able to view all units.

    Zillow last checked: 8 hours ago

    Listing updated: August 23, 2025 at 12:30pm

    Listed by:

    KATHY REHBERG 970-216-6922,

    EXP REALTY, LLC

    Bought with:

    ROCKY CASTILLO

    HOMESMART REALTY PARTNERS

    Source: GJARA,MLS#: 20253362

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Electric Oven, Electric Range, Refrigerator
    Features
    • Window Treatments
    • Flooring: Carpet, Laminate
    • Windows: Window Coverings
    • Has fireplace: No
    Interior area
    • Total structure area: 3,012
    • Total interior livable area: 3,012 sqft

    Property

    Parking
    • Parking features: Guest
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: None
    • Exterior features: Sprinkler/Irrigation
    Lot
    • Size: 6,098 sqft
    • Dimensions: appro x 45 x 200
    • Features: Landscaped
    Details
    • Parcel number: 294513310041
    • Zoning description: MU-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story,Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Composition
    Condition
    • Year built: 1982
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: Grand Junction
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/22/2025Sold$545,000+0.4%$181/sqft
    Source: GJARA #20253362 Report a problem
    7/28/2025Pending sale$543,000$180/sqft
    Source: GJARA #20253362 Report a problem
    7/28/2025Listed for sale$543,000$180/sqft
    Source: GJARA #20253362 Report a problem
    7/25/2025Pending sale$543,000$180/sqft
    Source: GJARA #20253362 Report a problem
    7/15/2025Listed for sale$543,000+250.3%$180/sqft
    Source: GJARA #20253362 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,044 +0.6%$41,910 +27.3%
    2024$2,032 +12.1%$32,910
    2023$1,813 -2.5%$32,910 +30.9%

    Find assessor info on the county website

    Neighborhood: 81501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chipeta
    • Middle: West
    • High: Grand Junction

    Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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