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Versatile multi-unit investment opportunity with strong income $389,000

332 Lake Road, Grand Junction, CO 81507

4 br, 3.0 ba, 1964 2622 sf
Mesa County
Ad #: 6967519

Home For Sale near Colorado River

Versatile multi-unit investment opportunity with strong income potential! This property offers three units-live in one and rent out two, or rent all three-making it ideal for owner-occupants or investors. Located directly behind a grocery store-anchored shopping center and just minutes from downtown, the Lunch Loop bike trails, Audubon Nature Preserve, and the Riverfront Trail, this location offers both convenience and lifestyle appeal. The main home features 2 bedrooms and 1 bathroom with a two-car carport. The newly updated studio unit includes 1 bedroom, 1 bathroom, covered patio space, and two covered parking spaces. The separate cottage offers 1 bedroom and 1 bathroom. A shared laundry area provides one washer and one dryer for tenant use. All units are vacant and ready to show. A solid opportunity with multiple income streams and excellent potential. With two carports and ample additional parking, this property is thoughtfully designed to support multiple households while still being enjoyed as one cohesive home. Extra storage with a small workshop and shed included on the property. Call today to schedule your showing. All information, including measurements and square footage, is deemed reliable but not guaranteed and should be verified by Buyer(s).

Property Details

  • Beds: 4
  • Baths: 3.0
  • Sq Feet: 2622
  • Year Built: 1964
  • Location: Colorado River
  • Acres: 0.380
  • County: Mesa County
  • Community: Dike Road
  • Heat/AC: Natural Gas, Baseboard, Forced Air, Hot Water(Heating)
  • Garage: RV, Guest
  • Siding: VinylSiding, WoodFrame
  • Roof: Metal
  • Stories: 1
  • Property Taxes: $1,223
  • MLS #: 20255647

Location

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Contact Information:

Contact Agent
Listing Agent: Amanda Hill, BRAY REAL ESTATE, 970-250-0083, 970-242-3647 Listing Site, Listing Status: Active
Copyright © 2025 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.

Ad Statistics:

Lake Home For Sale in Grand Junction, Colorado
Ad Number : 6967519
Viewed: 22 times
Added: Dec 17, 2025
Updated on: Dec 19, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.