# 581 W Indian Creek Drive #5, Grand Junction, CO 81501 > **TL;DR:** 3bd/2ba townhouse, $409,000 ($283/sqft), built 2021, 1,446 sqft. > A/C, 2-car garage. Est. $2,342/mo. Listed 165 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $409,000 | | Price/sqft | $283 | | Bedrooms | 3 | | Bathrooms | 2 full | | Square Feet | 1,446 | | Year Built | 2021 | | Lot Size | 3,485 sqft (0.08 acres) | | Stories | 1 | | Garage | 2-car | | Property Type | Townhouse (Townhouse) | | Status | Active | | Days on Market | 165 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,068 | | Estimated Insurance | $119 | | HOA | $155 | | **Total** | **$2,342** | ## Nearby Schools - **Elementary:** Nisley - **Middle:** Bookcliff - **High:** Central ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 2021 - 0.08 acre lot ## Description ### Agent 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. ## Location - **Address:** 581 W Indian Creek Drive #5, Grand Junction, CO 81501 - **County:** Mesa - **Neighborhood:** Peppertree - **Coordinates:** 39.0747, -108.5501 - **Google Maps:** https://www.google.com/maps?q=39.0747,-108.5501 ## Listing Agent - **Name:** Cory Carlson - **Brokerage:** VENTURE GROUP - **Broker Phone:** 970-778-0796 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/581-W-Indian-Creek-Dr-Unit-5_Grand-Junction_CO_81501_M94619-33018?f=listhub&s=GJARACO&m=20262344&c=propsimple) ## Photos ![581 W Indian Creek Drive #5 - Photo 1](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f3683680375r.jpg) ![581 W Indian Creek Drive #5 - Photo 2](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f1654243550r.jpg) ![581 W Indian Creek Drive #5 - Photo 3](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f2527674606r.jpg) ![581 W Indian Creek Drive #5 - Photo 4](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f916540054r.jpg) ![581 W Indian Creek Drive #5 - Photo 5](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f1576203462r.jpg) ![581 W Indian Creek Drive #5 - Photo 6](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f628567134r.jpg) ![581 W Indian Creek Drive #5 - Photo 7](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f1874577503r.jpg) ![581 W Indian Creek Drive #5 - Photo 8](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f1934452429r.jpg) ![581 W Indian Creek Drive #5 - Photo 9](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f1768748802r.jpg) ![581 W Indian Creek Drive #5 - Photo 10](http://lh.rdcpix.com/c5eefe1945dc861318cb7065395af6a9l-f3572053879r.jpg) --- **MLS#:** 20262344 | **Updated:** 2026-10-22 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/581-w-indian-creek-drive-grand-junction-co-81501-e4cf35fc06724fcdb25fa5510030d927) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/581-w-indian-creek-drive-grand-junction-co-81501-e4cf35fc06724fcdb25fa5510030d927#listing", "url": "https://www.propertysimple.ai/listing/581-w-indian-creek-drive-grand-junction-co-81501-e4cf35fc06724fcdb25fa5510030d927", "name": "581 W Indian Creek Drive #5, Grand Junction, CO 81501", "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. 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