2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
2698 Milo Drive
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$779,000

2698 Milo Drive

8 Beds 4 Baths 4,080 Sq.Ft. 0.28 Acres

Description

Current Contract has a Contingency. Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor's portfolio. Whether you're looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.

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Location

2698 Milo Drive, Grand Junction, CO 81503

Status

Sold

Date Sold

May 22, 2026
Michelle Ritter

Michelle Ritter

TITLE

Broker Associate

LICENSE

FA040010778

Property Amenities

Interior
Appliances Dishwasher, Electric Oven, Electric Range, Refrigerator
Flooring Carpet, Luxury Vinyl, Luxury Vinyl Plank, Tile
Total Bedrooms: 8
Other Interior Features Laminate Counters, Window Treatments
Area & Lot
Total area 4,080 Sq.Ft.
Lot Area 0.28 Acres
Living area 4,080 Sq.Ft.
MLS® ID 20261339
Year Built 1977
High School Grand Junction
Middle School Orchard Mesa
Elementary School Dos Rios
Architecture Styles Two Story, Fourplex
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning Evaporative Cooling
Heat type Baseboard, Hot Water, Natural Gas
Disability Features None
Water Source Public
Sewer Connected
Other Exterior Features Shed
Parking RV Access/Parking
Lot Features Corner Lot, Xeriscape
Roof Asphalt, Composition
Finance
Sales Price $779,000
Real Estate Tax $2,406 yearly

Grand Junction

Work With Michelle

A thoughtful, results-focused approach designed around each client’s unique goals. Every project is handled with clarity, attention to detail, and a collaborative process that ensures effective, well-aligned outcomes from start to finish.