Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Distinctive Properties

Property view
Listing view 2
Listing view 3

1038 Rood Avenue, 
Grand Junction, CO 81501

$475,000


2

Beds


3

Baths


2,332

Sq Ft


Multi-Family

Active

Listed by

Kathleen Haas

Colorado Realty 4 Less, LLC.

kathyslistings@gmail.com

Last updated:

August 26, 2026, 02:24 PM

MLS#

20263469

Source:

CO GJARA

About This Home

1038 Rood Avenue

Exceptional downtown duplex just blocks from Main Street, offering immediate income and future upside. This well-maintained and updated property features two 1-bedroom units with stable long-term tenants on 1 side and vacant on the other. One unit offers a spacious two-story layout with 2 bathrooms, while the second provides a comfortable single-level 1 bed/1 bath. Situated on a generous lot with a large backyard, this property stands out for its potential to add an Accessory Dwelling Unit (ADU)—a rare opportunity in one of Grand Junction’s most desirable and evolving neighborhoods. Walking distance to downtown and CMU, each unit has an extra room which could be transformed into a 2nd bedroom. I also know some parents of college students are looking too.Whether you are an investor seeking long-term appreciation, or an owner-occupant looking to live in one unit while generating income from the others, this property offers flexibility and upside that is increasingly hard to find downtown.

Home Facts

Multi-Family

3 Baths

2 Bedrooms

Built in 1900

Subdivision & Development:

N/A

Price Summary

475,000

$203 per Sq. Ft.

MLS #:

20263469

Last Updated:

August 26, 2026, 02:24 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,332 Sq. Ft.


Structure

Structure

Building Area:

2,332 Sq. Ft.

Year Built:

1900


Finances & Disclosures

Finances

Price:

$475,000

Price per Sq. Ft:

$203 per Sq. Ft.

Source:CO GJARA
The information being provided by Grand Junction Area REALTOR® Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Grand Junction Area REALTOR® Association All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.