1021 Grand Ave Glenwood Springs, CO 81601
Property details
About 1021 Grand Ave
Nestled in the heart of Glenwood Springs, this rare multi-use property offers an outstanding opportunity for investors seeking steady cash flow and long-term upside. The Glenwood Springs Hostel has a proven rental track record, serving both short-term visitors and long-term tenants with its versatile layout and income diversity. The property spans two well-maintained buildings: a charming historic front house dedicated to nightly rentals, and a more modern rear building featuring a one-bedroom apartment and additional short-term rental units. With dual zoning flexibility, multiple income streams, and unbeatable proximity to the region's top attractions, this asset is primed for continued success. Whether you are an owner-operator or a passive investor, 1021 Grand Avenue delivers both immediate returns and future growth potential. Two Buildings. Multiple Income Streams. Timeless Demand. 1021 Grand Avenue is composed of two purpose-built residences: a character-rich 191 O front home offering monthly lodging and a 1994 rear building featuring a long-term apartment over monthly room rentals. Designed to meet demand from both tourists and workforce renters, this well-diversified asset produces consistent monthly income from 22 beds, a separate apartment, and laundry facilities - with all units currently occupied. Contact us today for details or a private tour!
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Total Bedroom Count: 12
- Architectural Style: Other, Two Story
- Heating: Hot Water, Forced Air
- List Price: $1,699,000
- Price/SqFt: $363
- Annual Tax Amount: $4,550
- Tax Year: 2023
- Lot: Landscaped
- Directions: South on Grand Ave, Property is on the West side of Grand
- Year Built: 1994
- Stories: 2
- Living Area: 4,673 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 189162
- MLS Name: Aspen
- Office Name: Compass Aspen
- Office Phone: (970) 925-6063
- Listing Agent: Shilo Bartlett, Mike Mercatoris
©Copyright 2025 by Aspen Glenwood Springs MLS. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen Glenwood Springs MLS. IDX information is provided exclusively for consumers’ personal, non- commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 6:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 06, 2011 | Home Sold | $275,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $61,370 | $4,550 |
| 2022 | $37,040 | $3,027 |
| 2021 | $62,430 | $5,028 |
| 2020 | $72,590 | $5,526 |
| 2019 | $72,590 | $5,569 |
| 2018 | $65,420 | $4,981 |
| 2017 | $65,420 | $4,686 |
History based on county public records data.
Nearby schools
3
Glenwood Springs Elementary School
Public District PK-5
0.2 mi
•915 School St
4
Sopris Elementary School
Public District PK-5
2.4 mi
•1150 Mount Sopris Dr
5
Kathryn Senor Elementary School
Public District PK-4
11.2 mi
•101 Alder Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,667. Most Glenwood Springs, CO residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Soccer
NASCAR
Where do the neighbors shop?
Family Dollar
Old Navy
Dick's Sporting Goods
Where do the neighbors go to eat?
Dominos Pizza
Jimmy Johns
Arbys
What do the neighbors drive?
Ford
GMC
Kia
What do the neighbors listen to?
New Country
Adult Hits
News/Talk/Information
Frequently asked questions
About 1021 Grand Ave
The listing price of 1021 Grand Ave property is $1,699,000.
The property 1021 Grand Ave is a house located in Glenwood Springs, Colorado, 81601.
Active Listing: 1021 Grand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1021 Grand Ave are: Glenwood Springs Elementary School (GreatSchools Rating 3/10), Sopris Elementary School (GreatSchools Rating 4/10), Kathryn Senor Elementary School (GreatSchools Rating 5/10), Glenwood Springs Middle School (GreatSchools Rating 5/10), Riverview School (GreatSchools Rating 5/10), Riverside Middle School (GreatSchools Rating 5/10), Glenwood Springs High School (GreatSchools Rating 6/10), Yampah Mountain School (GreatSchools Rating 4/10), Bridges (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $4,550 (source: MLS/based on county public records data).
The last sale was on June 6, 2011 for $275,000 (source: MLS/tax record).
The property at 1021 Grand Ave has 12 bedrooms and 4 bathrooms.
The property 1021 Grand Ave is 4,673 SqFt (source: MLS/tax record).
The year of construction for 1021 Grand Ave is 1994.
This home is located at 1021 Grand Ave in Glenwood Springs, CO and zip code 81601. This 4,673 square foot home, which was built in 1994, sits on a 0.12 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $1,699,000.