1021 Grand Avenue

Glenwood Springs CO 81601

4673 sq. ft.

5300 sq. ft.

Single-Family

Last sold for $1,350,000

Shilo Bartlett, last sold this property on 17 July 2026 after 8 days on market.

Overview

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!

Features

12 bedrooms

4 bathrooms

4673 sq. ft. floor area

5300 sq. ft. lot size

Single-Family

Estimated Value

We need at least 3 similar 12 bedroom single-family properties sold in Glenwood Springs over the last 12 months.

Property history for 1021 Grand Avenue

2026

Sold

$1,350,000

17 Jul 2026 by Shilo Bartlett, of Compass

Happy sellers in Glenwood Springs

We have insufficient information to provide an overview of customer satisfaction for Glenwood Springs. Viewing the agent profiles, reviews and sales for Glenwood Springs can provide insights for this location.