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5005 W 1st Avenue

Denver, CO 80219
  • $1,100,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: 4678699
Price Reduced
UPDATED: 65 min ago
$1,100,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,823
    SQFT
  • $288
    $/SQFT
Neighborhood:
Barnum West
Type:
Multi-Family
Built:
1957
County:
Denver
Area:
Denver

School Information

Elementary School:
Newlon
Middle School:
Grant
High School:
West
School District:
Denver 1
School Ratings & Info
REcolorado logo Offered by Nick Donato.

Description

Complex is being sold at a competitive 7.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. All units are currently rented but with a few leases coming up it makes for an excellent house hack. All units have washer dryers and AC. Tenants love the units and I rarely find myself looking for tenants. Studio recently fixed up, Upstairs 3 bedroom is in excellent shape, 1 bedroom and downstairs 3 bedroom could use some floors when the tenants move out which could be a while. Located near 6th avenue with easy access to Downtown Denver or the Belmar Shopping area. Recently got a new roof that boasts hail resistance shingles keeping insurance manageable.

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Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-05-14T12:24:20.157 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.yourcoloradohomerealtor.com/homes/174481889
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5005 W 1st Avenue Denver, CO 80219

  • Price: $1,100,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 65 min ago
  • ID#: 4678699
8
Beds
0
Baths
0
½ Baths
0.25
Acres
3,823
SQFT
$288
$/SQFT
1957
Built
Neighborhood:
Barnum West
County:
Denver
Area:
Denver
Elementary School:
Newlon
Middle School:
Grant
High School:
West
School District:
Denver 1
Property Description
Complex is being sold at a competitive 7.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. All units are currently rented but with a few leases coming up it makes for an excellent house hack. All units have washer dryers and AC. Tenants love the units and I rarely find myself looking for tenants. Studio recently fixed up, Upstairs 3 bedroom is in excellent shape, 1 bedroom and downstairs 3 bedroom could use some floors when the tenants move out which could be a while. Located near 6th avenue with easy access to Downtown Denver or the Belmar Shopping area. Recently got a new roof that boasts hail resistance shingles keeping insurance manageable.
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials ConcreteFrame Lot Features Level Lot Size Area 0.25 Offstreet Spaces 7 Parking Total 7 Patio And Porch Features Rooftop Roof Shingle Rv Spaces 0 Structure Type Quadruplex

Interior Features

Above Grade Finished Area 2160 Basement Finished Basement YN Yes Below Grade Finished Area 1583 Cooling Central Air Fireplaces Total 0 Heating Forced Air Laundry Features In Unit Levels One

Property Features

Actual Annual Net Income 90406.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Exclusions Tenants belongings Green Verification Count 0 Gross Income 112764 Lease Expiration 2026-05-31 Listing Terms 1031 ExchangeCashConventionalFHA Living Area Sq Ft 3743 Operating Expense 22358 Operating Expense Includes InternetUtilities Owner Pays ElectricityExterior MaintenanceGasInsuranceInternetTaxesTrash CollectionWater Ownership Agent Owner Property Attached YN No Property Sub Type Quadruplex Restrictions Covenants YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2742 Tax Legal Description THE E 70FT OF L 21 TO 24 INC BLK 2 & W 1/2 OF VAC YATES STADJ TO L 21 TO 24 INC LOWREY HTS Tax Year 2024 Water Source Public Zoning E-MX-2

REcolorado logoListing courtesy of REcolorado as distributed by MLS GRID.
Listing courtesy of Nick Donato:donatopropertymgmt@gmail.com,720-320-6164. MLS #4678699


Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-05-14T12:24:20.157 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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