558 Garfield Drive, Grand Junction, CO 81504
8
4|Townhouse
NZD $1,136,974
USD $635,000
Published on: 21 Aug 2026
Last updated on: 02 Nov 2026
Property ID: 110119615090
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Residential, Grand Junction, CO
558 Garfield Drive, Grand Junction, CO 81504
Excellent multifamily investment opportunity with four units and strong potential for increased rental income. Units 1 and 4 have been updated with LVP flooring and fresh paint, while Units 2 and 3 are occupied by long-term tenants, providing stable rental history. With updated units already positioned for the market and potential to increase rents over time, this property offers investors an opportunity for both immediate income and future growth. A great addition to any investment portfolio with upside through thoughtful management and rental-rate adjustments. Current cap rate of 6.5%.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Townhouse
Listing Status
Active
Land Size
1,011.72 m2
Building Size
355.26 m2
Year Built
1981
Rooms
8 bedroom(s), 4 bathroom(s)
Architecture Style
Other
Num Floors
2
County
Mesa
Parcel ID
29743-082-27-004
Provider
Grand Junction Area Association of Realtors
Subdivision
Bookcliff Terra
Brokerage Office Name
ASSOCIATED BROKERS & CONSULTANTS
Brokerage Office Phone
970-263-7250
Neighbourhoods
Bookcliff Terra
Address
558 Garfield Drive, Grand Junction, CO 81504
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Central | Not available |
| Elementary | Fruitvale | Not available |
| Middle | Bookcliff | Not available |
| Juniorhigh | Bookcliff | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $2391 | NZD $4,281* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Contact Agent
Micah Fritzel
MOUNTAIN VALLEY REAL ESTATE
743 HWY 6&50 , FRUITA, CO 81521
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Micah Fritzel
743 HWY 6&50 , FRUITA, CO 81521
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Property ID: 110119615090
Original Property ID: 3yd-GJARACO-20264170Data provided by Grand Junction Area Association of Realtors, MLS #: 20264170
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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.
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