About This Home

This 3-bedroom, 2-bathroom townhouse at 581 W Indian Creek Drive #5 in Grand Junction, CO is listed for $409,000 ($283 per sqft). Built in 2021, the home offers 1,446 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 2021
  • 0.08 acre lot

Property Details

1 story
2 full
2-car garage
#5
2021

Amenities

A/C
Listing Description

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 4/30/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

Monthly Cost Estimate

$2,342/mo

20% down · 6.5% · 30 years

Principal$296
Interest$1,772
Insurance$119
HOA$155

Estimates only. Actual payments may vary.

Location

581 W Indian Creek Drive #5

Grand Junction, CO 81501

Peppertree

Features & Amenities

Interior Features

CeilingFansGraniteCountersKitchenDiningComboMainLevelPrimaryPantryWalkInClosetsWalkInShower

Property Details

Flooring

TileVinylCarpet

Construction

Stone Stucco WoodFrame

Outdoor Features

Patio

Parking

Garage

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherElectricOvenElectricRangeDisposalMicrowaveRangeHood

Questions & Answers

This 3-bedroom, 2-bathroom townhouse at 581 W Indian Creek Drive is listed at $409,000 ($283/sqft). The estimated monthly payment is $2,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $155/month.

Key features include: Built in 2021, 0.08 acre lot. Interior Features: CeilingFans, GraniteCounters, KitchenDiningCombo.

This property is listed by Cory Carlson.

CC

Cory Carlson

Agent at VENTURE GROUP

Listed by VENTURE GROUP · Broker phone: 970-778-0796 · View on Broker Site

MLS# 20262344· Source: Grand Junction Area Association of Realtors· 161 days on PropertySimple

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

581 W Indian Creek Drive #5, Grand Junction, CO 81501

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