Movoto Real Estate
Sold on 03/31/2025

Undisclosed, Denver, CO 80219

$395,000

Last sold 03/31/2025 after 31 Days

  • 4

    bed

  • 2

    bath

  • 1,650

    Sqft ($239/Sqft)

Multi-family not for sale

About Undisclosed

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Parking 2 garage spaces
Property description
This well-maintained four-bedroom, two-bathroom townhouse in a common-wall development offers a stable and attractive investment opportunity with long-term tenants already in place. Located in a high-demand rental market, the property presents an excellent chance for minor upgrades to further increase rental income. The home's entrance is conveniently situated on the south side via W Nevada Pl, with a community parking lot providing two designated spaces per unit. The upper level features a spacious living area with high ceilings, one full bathroom, and one bedroom. The above-grade lower level includes three additional bedrooms, another full bathroom, and a walkout access to W Alameda Ave from one of the bedrooms. A reliable long-term tenant has occupied the property for over five years, ensuring consistent rental income. Additionally, the seller owns 4560 W Alameda Ave, the adjoining common-wall property, as well as 4580 and 4582 W Alameda Ave. Each property is listed individually but can be purchased as a portfolio package for a larger investment opportunity. The 4560 W Alameda Ave unit has an identical layout with higher rent, while 4580 and 4582 W Alameda Ave have slightly smaller layouts. This is a rare opportunity to acquire a high-performing rental property in a thriving rental market. Listing Broker shares ownership of the property.
Listed by
Listing Agent - Nikolina Jugovic
Listing Agent Contact: Nikolina.jugovic@compass.com
Listing Office - Compass - Denver
Source: IRESMLS mls logo
MLS#7827205 • last updated 10 months ago
Movoto checked IRESMLS for data 4 minutes ago
Overview
Levels/Style Two
MLS # 7827205
Type Residential Income
Status Sold
SubType Duplex
Living Area 1650
Annual Tax 1863
Interior
Total # of Bathrooms 2
Total # of Bedrooms 4
Basement Partially Finished, Walk-Out Access
Exterior
Roof Slate
Construction Vinyl Siding, Concrete
Structure Duplex
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Other
Water Source Other
Appliances Dishwasher, Refrigerator, Microwave, Fire Alarm
Location
County Denver
Subdivision Irving Park Sub
Middle School Kepner
High School District Denver District 1
Multifamily Details
Tenant Pays Gas, Electricity, Water, Trash Collection
Total # of Units 2
Cap Rate 7.5
Operating Expense 4800
Gross Income 34800
We are not permitted to show value estimates for this property.
  • Apr 2025
    Public Records
  • Apr 3, 2025 Sold
    $395,000
  • Apr 2025
    mls logo MLS # 7827205
  • Apr 2, 2025 Sold
    $395,000
  • Mar 31, 2025 Sold
    $395,000
  • Mar 12, 2025 Pending
    —
  • Feb 28, 2025 Listed
    $395,000
  • Feb 28, 2025 Listed
    $395,000 (-9.2%)
  • Aug 2023
    mls logo MLS # 3174024
  • Aug 21, 2023 Listed
    $435,000 (+411.8%)
  • Apr 2013
    Public Records
  • Apr 16, 2013 Sold
    $85,000 (+6.0%)
  • Jan 2012
    mls logo MLS # 1052979
  • Jan 19, 2012 Sold
    $80,200
  • Jan 2012
    Public Records
  • Jan 17, 2012 Sold
    $80,200
  • Year Property taxes Tax assessment
  • 2024
    $1,905 +2.2%
    $24,050
  • 2023
    $1,864 +2.5%
    $24,050 +5.21%
  • 2022
    $1,818 +3.6%
    $22,860
  • 2021
    $1,755 +18.4%
    $22,860 +14.41%
  • 2020
    $1,482 +2.9%
    $19,980
  • 2019
    $1,441 +41.4%
    $19,980 +51.71%
  • 2018
    $1,019 +0.3%
    $13,170
  • 2017
    $1,016 +15.1%
    $13,170 +16.55%
  • 2015
    $883 +45.8%
    $11,300
  • 2014
    $605
    —
  • Undisclosed
    $395K
  • Westwood
    $399K 0% y/y
  • 80219
    $449K -4% y/y
  • Denver
    $515K -8% y/y
No chart available
Statistics calculated by Movoto

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