Sold for $625,000
$625,000
560 N Sparn Ct, Grand Junction, CO 81501
10beds
4baths
4,024sqft
Quadruplex, Multi Family, Multi Family
Built in 1977
-- sqft lot
$633,200 Zestimate®
$155/sqft
$1,558 Estimated rent
Home value
$633,200
$583,000 - $684,000
$1,558/mo
Zestimate® history
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Owner options
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What's special
4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don’t miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.
Zillow last checked: 8 hours ago
Listing updated: January 24, 2025 at 10:09am
Listed by:
RACHEL JUSTMAN 970-615-0201,
CENTURY 21 CAPROCK REAL ESTATE
Bought with:
TERI STYERS
REJUVENATION HOMES
Source: GJARA,MLS#: 20245262
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Hot Water
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- None
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 4,024
- Total interior livable area: 4,024 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None
Lot
- Size: 0.31 Acres
- Dimensions: 194', 33', 128', 95'
- Features: Cul-De-Sac, Irregular Lot, None
Details
- Parcel number: 294307110011
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bi-Level,Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding, Wood Frame
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & neighborhood
Location
- Region: Grand Junction
- Subdivision: Other
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2025 | Sold | $625,000-5.2%$155/sqft |
Source: GJARA #20245262 Report a problem | ||
| 1/6/2025 | Pending sale | $659,000$164/sqft |
Source: GJARA #20245262 Report a problem | ||
| 11/25/2024 | Listed for sale | $659,000+28.3%$164/sqft |
Source: GJARA #20245262 Report a problem | ||
| 10/11/2024 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 9/5/2024 | Listed for rent | $1,300+86% |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,754 +0.6% | $36,670 +30% |
| 2024 | $1,744 +11.4% | $28,200 |
| 2023 | $1,565 +0.3% | $28,200 +32.9% |
Find assessor info on the county website
Neighborhood: 81501
Nearby schools
GreatSchools rating
- 2/10Nisley Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Bookcliff Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Central High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Nisley
- Middle: Bookcliff
- High: Central
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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