Pending

Price cut: $260K (1/26)

$4,740,000

514-28 3/4 Rd, Grand Junction, CO 81501

24beds

24baths

17,904sqft

Est.:

Multi Family, Apartment

Built in 2025

-- sqft lot

$-- Zestimate^®

$265/sqft

$295/mo HOA

What's special

Incredible Investment Opportunity – Brand New Construction! Completed in 2025, this free-standing apartment building is part of a premium 83-unit community at 28 3/4 rd. and North Ave. It can be purchased individually or packaged with 512 (31 units $5,460,000) and 516 (28 units $5,580,000) for $15,780,000 This property includes 24 1 bedroom /1-bath apartments all with stackable washer/dryers with 8 units fully furnished. * Fully leased with excellent tenants * Prime central location at 28 3/4 Rd. & North Ave.—steps from Walmart, Texas Roadhouse, Del Taco & more * High-quality new construction by Grand Junction Real Estate Investments * Strong, stable income stream with optional on-site management available This is a rare chance to secure a premier, turn-key multifamily investment in one of Grand Junction’s fastest-growing and most in-demand corridors. Call today to learn more—opportunities like this don’t come around often!

208 days

106

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 24

Heating

None

Cooling

Central Air, Window Unit(s)

Appliances

Included: Dryer, Electric Oven, Electric Range, Disposal, Microwave, Other, Refrigerator, See Remarks, Washer
Laundry: Dryer Hookup

Features

Ceiling Fan(s), None
Flooring: Carpet, Laminate
Basement: None
Has fireplace: No

Interior area

Total structure area: 17,904
Total interior livable area: 17,904 sqft

Property

Parking

Parking features: Guest

Accessibility

Accessibility features: Other, See Remarks

Features

Levels: Two
Stories: 2
Patio & porch: None
Exterior features: None

Lot

Size: 0.64 Acres
Features: Landscaped

Details

Parcel number: 294307478001
Zoning description: MU-2

Construction

Type & style

Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family, Apartment
Attached to another structure: Yes

Materials

Stucco, Wood Siding, Wood Frame
Foundation: Slab
Roof: Asphalt,Composition

Condition

Year built: 2025

Utilities & green energy

Sewer: Connected
Water: Public

Community & HOA

HOA

Has HOA: Yes
Amenities included: None
Services included: Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Snow Removal
HOA fee: $3,542 annually

Location

Region: Grand Junction
Elevation: 4800

Financial & listing details

Price per square foot: $265/sqft
Tax assessed value: $2,598,000
Annual tax amount: $11,942
Date on market: 9/5/2025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,426/mo

Price history

Date	Event	Price
4/2/2026	Pending sale	$4,740,000$265/sqft
Source: GJARA #20254550 Report a problem
1/26/2026	Price change	$4,740,000-5.2%$265/sqft
Source: GJARA #20254550 Report a problem
11/14/2025	Price change	$5,000,000-8.1%$279/sqft
Source: GJARA #20254550 Report a problem
9/17/2025	Listed for sale	$5,441,000$304/sqft
Source: GJARA #20254550 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,721 +342.1%	$183,160 +42.9%
2024	$1,973 +57.3%	$128,170 +342%
2023	$1,254 +2.5%	$29,000 +66.7%
2022	$1,223 -27.8%	$17,400
2021	$1,694	$17,400 -29.4%
2020	$1,694 +2.1%	$24,650 -76.4%
2019	$1,658	$104,400 +348.6%
2018	$1,658 -7.6%	$23,270
2017	$1,795	$23,270 -18%
2016	$1,795 -1.3%	$28,390
2015	$1,818	$28,390