5005 West 1st Avenue

Denver, CO 80219

$1,175,000
Price
7
Beds
6
Baths
3,823 Sq. Ft.
$307 / Sq. Ft.
3,823
Sq. Ft.
$307
per Sq. Ft.

Description

Complex is being sold at a competitive 7.4% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio was remodeled on 1/19/2025 and is currently furnished on Air BNB. Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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.Complex is being sold at a competitive 7.4% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio was remodeled on 1/19/2025 and is currently furnished on Air BNB. Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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.
  1. Listed by Nick Donato • Nick Donato • donatopropertymgmt@gmail.com,720-320-6164

Property Details for 5005 West 1st Avenue

Structure Type
Quadruplex
Levels
One
Stories
1
Subdivision Name
Lowrey Heights
Association
No
Basement
Yes
LISTING UPDATED: 02/03/2025 08:53 AM

Property Details for 5005 West 1st Avenue

StatusActive
MLS #9585598
Days on Compass106
Taxes$2,728 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.25 AC / 10,890 SF
CountyDenver County

Building Information for 5005 West 1st Avenue

Stories-Residences-Year Built1957Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 5005 West 1st Avenue

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3823
  • Sqft Total: 3823
  • Living Area (SqFt Finished): 3743
  • Above Grade Finished Area: 2160
  • Living SqFt: 2160
  • Sq Ft Apx: 1583
  • Below Grade Unfinished Area: 80
  • Area Source: Public Records
  • PSF Total: 307
  • PSF Above Grade: 544
  • PSF Finished: 314
  • Master on Main: No
  • Direction Faces: South
  • Basement: Finished
  • Foundation Details: Slab
  • Heating: Forced Air
  • Cooling: Central Air
  • Flooring: Carpet, Laminate, Tile
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 7
Bathrooms
  • Bathrooms Total: 6
Unit Information
Unit 1
  • Unit Type: 3 Bedroom
  • Units Total: 4
  • Unit Average Rent: $2,794.00
  • Unit Average Sq Ft: 1400
  • Beds Total: 3
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 1
  • Description: Basement 3 bedroom
Unit 2
  • Unit Type: 3 Bedroom
  • Units Total: 3
  • Unit Average Rent: $3,448.00
  • Unit Average Sq Ft: 1400
  • Beds Total: 3
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 1
  • Description: Upper Level 3 Bedroom
Unit 3
  • Unit Type: 1 Bedroom
  • Units Total: 2
  • Unit Average Rent: $1,700.00
  • Unit Average Sq Ft: 700
  • Beds Total: 1
  • Baths Total: 1
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 1
  • Description: 1 Bedroom upper level
Unit 4
  • Unit Type: Studio
  • Units Total: 1
  • Unit Average Rent: $1,200.00
  • Unit Average Sq Ft: 450
  • Beds Total: 0
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Air Conds: 1
  • Description: Lower level studio
Parking
Parking
  • Parking Features: Concrete
  • Attached Garage: No
  • Parking Type: Parking Lot
  • Parking Description: Parking Lot-7
  • Parking Details: 7
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 7
  • Parking Count: 7
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Newlon
  • Elementary School District: Denver 1
  • Middle Or Junior School: Grant
  • Middle Or Junior School District: Denver 1
  • High School: West
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 10890
  • Lot Features: Level
  • Zoning: E-MX-2
  • Fencing: Full
  • Property Exclusions: Tenants belongings
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 1
  • Number of Out Buildings: 1.0
  • Horse: No
Building Information
  • Construction Materials: Brick, Concrete, Frame
  • Property Condition: Updated/Remodeled
  • Roof: Other
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: Master Meter-Electric

Property History for 5005 West 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5005 West 1st Avenue

Taxable ValueLand$17,820Additions$16,800Total$34,620
Tax Record2023$2,683 ($224 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt3,743 SqFtAbove Grade Finished SqFt2,160 SqFtFinished Basement SqFt1,583 SqFtStories1Lot Size10,700 SqFtStyleSingle Family ResidenceYear Built1957ZoningE-MX-2CountyDENVERAPN05072-38-005-000Fireplace TypeHas Fireplace

Schools near 5005 West 1st Avenue

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 5 to 8
Public - 6 to 8
Charter - 6 to 8
Rating
School
Distance
Newlon Elementary School
PublicPK to 5

Kipp Sunshine Peak Academy
Charter5 to 8

Kepner Beacon Middle School
Public6 to 8

Compass Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5005 West 1st Avenue is a multi-family home for sale in Denver, CO 80219. This property was listed for sale on August 19, 2024 by Nick Donato, it's currently listed at $1,175,000. It has been on the market for a total of 106 days and was last sold on June 30, 2020. This listing's school district is Denver County 1 School District. Nearby schools include Newlon Elementary School, Kipp Sunshine Peak Academy and Kepner Beacon Middle School. 5005 West 1st Avenue is a 7-bed, 6-bath, 3,823 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nick Donato, Nick Donato

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.