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.
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
$547,500 Zestimate®
$181/sqft
$1,577 Estimated rent
Home value
$547,500
$515,000 - $586,000
$1,577/mo
Zestimate® history
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$1,577/mo
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$3,037/mo
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List your homeWhat's special
Zillow last checked: 7 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
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $545,000+0.4%$181/sqft |
Source: GJARA #20253362 Report a problem | ||
| 7/28/2025 | Pending sale | $543,000$180/sqft |
Source: GJARA #20253362 Report a problem | ||
| 7/28/2025 | Listed for sale | $543,000$180/sqft |
Source: GJARA #20253362 Report a problem | ||
| 7/25/2025 | Pending sale | $543,000$180/sqft |
Source: GJARA #20253362 Report a problem | ||
| 7/15/2025 | Listed for sale | $543,000+250.3%$180/sqft |
Source: GJARA #20253362 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 7/10Chipeta Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Grand Junction High SchoolGrades: 9-12Distance: 1.2 mi
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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- Colorado
- Mesa County
- Grand Junction
- 81501
- 1506 Main St