4plex PLUS Commercial Office Modular (1440 SF) located on Patterson Road, nearby the busy corner of 12th and Patterson - across the street from 12th St City Market. Great investment opportunity with strong income in place, and in a GREAT LOCATION with Commercial development / Pad-site potential. The property sits on nearly an Acre (0.89 Acres), is zoned MU-1 (many commercial & multi-family uses allowed), located in the Commercial Comp Plan (Future Land Use), and located directly off of Patterson Rd with very high traffic counts. Keep the property as-is for cash flow, use as a commercial pad site, look at a redevelopment of the site, or all of the above!
For sale
Price cut: $210K (1/20)
$990,000
2718 Patterson Rd, Grand Junction, CO 81506
8beds
4baths
3,520sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$281/sqft
$-- HOA
What's special
- 139 days |
- 264 |
- 4 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: January 20, 2026 at 12:56pm
Listed by:
KYLE SERRANO 970-778-0796,
VENTURE GROUP
Source: GJARA,MLS#: 20255402
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
Features
- Other, See Remarks
- Flooring: Carpet, Laminate, Luxury Vinyl, Luxury VinylPlank, Simulated Wood
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
Property
Accessibility
- Accessibility features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open
- Exterior features: None
Lot
- Size: 0.89 Acres
- Dimensions: 300 x 130
- Features: Other, See Remarks
Details
- Parcel number: 294501300014
- 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
- Wood Siding, Wood Frame
- Foundation: Slab
- Roof: Asphalt,Composition
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: None, Pets Allowed
- Services included: None
Location
- Region: Grand Junction
- Elevation: 4600
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $1,007,320
- Annual tax amount: $10,541
- Date on market: 11/19/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Price change | $990,000-17.5%$281/sqft |
Source: GJARA #20255402 Report a problem | ||
| 11/19/2025 | Listed for sale | $1,200,000+92%$341/sqft |
Source: GJARA #20255402 Report a problem | ||
| 6/2/2015 | Sold | $625,000$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,018 +0.5% | $153,660 +16.4% |
| 2024 | $7,978 +16.8% | $132,030 |
| 2023 | $6,833 +1.2% | $132,030 +35.5% |
| 2022 | $6,752 +7.3% | $97,440 -1.2% |
| 2021 | $6,294 | $98,580 +4.7% |
| 2020 | $6,294 +9.4% | $94,150 -0.2% |
| 2019 | $5,751 | $94,300 +13.8% |
| 2018 | $5,751 +2.5% | $82,880 |
| 2017 | $5,612 | $82,880 -9.1% |
| 2016 | $5,612 -1.5% | $91,140 |
| 2015 | $5,694 | $91,140 +57.3% |
| 2011 | -- | $57,930 -7.9% |
| 2008 | $3,980 -7% | $62,880 +0.7% |
| 2007 | $4,282 +32.8% | $62,450 +33.7% |
| 2006 | $3,225 -8.4% | $46,720 |
| 2005 | $3,520 +14% | $46,720 +7.3% |
| 2004 | $3,089 -6% | $43,530 -3.3% |
| 2003 | $3,286 +15.8% | $45,020 +9.3% |
| 2002 | $2,838 -10.3% | $41,190 -2% |
| 2001 | $3,165 | $42,010 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,123/mo
Principal & interest
$4785
Property taxes
$338
More affordability tools
Climate risks
Neighborhood: 81506
Nearby schools
GreatSchools rating
- 8/10Tope Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10West Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Grand Junction High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Tope
- 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.
Local experts in 81506
- Colorado
- Mesa County
- Grand Junction
- 81506
- 2718 Patterson Rd
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