Grand Junction, CO 81503 2698 Milo Drive
$779,000
Pending
25 more
Presented By: RE/MAX 4000, INC
- MLS# 20261339
- 03/26/2026
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 4,080
Home Details
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.
Presented By: RE/MAX 4000, INC
Interior Features for 2698 Milo Drive
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
BasementCrawl Space
Fireplace Y/NNo
FlooringCarpet, Luxury Vinyl, Luxury VinylPlank, Tile
Heating Y/NYes
Interior AmenitiesLaminate Counters, Window Treatments
Window FeaturesLow-Emissivity Windows, Window Coverings
General for 2698 Milo Drive
AccessibilityNone
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator
Architectural StyleTwo Story, Fourplex
Association AmenitiesNone
Association Fee IncludesNone
CityGrand Junction
Construction MaterialsWood Siding, Wood Frame
CoolingEvaporative Cooling
CountyMesa
Current UseMulti-Family
DirectionsFrom Hwy 50 & 27 Road, head North on 27 Rd to Milo Drive. Turn left on Milo Drive. 1st Home on Right. NO SIGN
Elementary SchoolDos Rios
Elevation4597
Energy EfficientLighting, Windows
Facing DirectionSouth
Green Water ConservationWater-Smart Landscaping
HOANo
HeatingBaseboard, Hot Water, Natural Gas
High SchoolGrand Junction
Land Lease Y/NNo
LevelsTwo
MLS AreaOrchard Mesa
Middle/Junior High SchoolOrchard Mesa
ModificationTimestamp2026-04-15T21:35:05.387-00:00
Number Of Units Total4
Other StructuresShed(s)
Patio/Porch FeaturesNone
PostalCityGrand Junction
Property Sub Type AdditionalQuadruplex, Multi Family
Property SubtypeQuadruplex
Property TypeResidential
RoofAsphalt, Composition
SewerConnected
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameCharla
Tax Annual Amount2405.61
Tax Year2025
Year Built1977
Year Built Effective2024
Zoning DescriptionRMF
Exterior for 2698 Milo Drive
Building Area Total4080
Exterior AmenitiesShed
Foundation DetailsStem Wall
Lot Dimensions113x129x40x42x70x90
Lot FeaturesCorner Lot, Xeriscape
Lot Size Acres0.28
Lot Size SourceAssessor
Parking FeaturesRV Access/Parking
Road Frontage TypeCity Street
Road Surface TypePaved
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Dos Rios Elementary School
Middle School
Orchard Mesa Middle School
