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Sold on 04/21/2015
Kevin Walter of Colorado HomeFinder LLC
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2499 Pierce St, Edgewater, CO 80214

$757,000

Last sold 04/21/2015 for $365K

  • 5

    bed

  • 3

    bath

  • 2,097

    Sqft ($174/Sqft)

Multi-family not for sale
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About 2499 Pierce St

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 8,005 Sqft
Movoto estimate
Property description
Easy-to-rent, corner lot duplex (3 BR / 2 BA + 2 BR / 1 BA) with updated units in Edgewater! Located just 1.5 miles from Sloan's Lake Park, 2.5 miles from the Highlands, and 2 miles from Wadsworth Station light rail. Renovated within the last 5 years, both units in this low-maintenance income property have modern counter tops, stainless steel kitchen appliances, and washer and dryer in each unit. With two separate gated grass yards, this property is appealing to pet owners that need fenced outdoor spaces for their pets and enjoy being close to Sloan's Lake. Currently fully leased, there have been no vacancies for the last 4 years. Good cash flow potential!
Listed by
Listing Agent - Kevin Walter
Listing Office - Colorado HomeFinder LLC
Source: REcolorado MLS mls logo
MLS#6993345 • last updated 5 years ago
Movoto checked REcolorado MLS for data 5 minutes ago
Overview
Heating Forced Air, Natural Gas
Levels/Style Multi/Split, Duplex
SubType Duplex
Type Residential Income
MLS # 6993345
SqFt 2097
Status Closed
Lot Size (SqFt) 8005
Property Tax 1294
Year Built 1968
Condition Updated/Remodeled
Interior
Total # of Bathrooms 3
Total # of Bedrooms 5
Laundry Main Level
Flooring Carpet, Tile
Interior Features Ceiling Fan(s), Smoke Free, Vaulted Ceiling(s), Wired For Data
Exterior
Exterior Garden, Private Yard
Construction Brick, Frame, Stucco
Roof Composition
Fencing Full
Parking Desc Off Street
# Parking Spaces 4
Patio/Porch Deck
Lot Features Corner Lot
Other Structures Shed(s)
Amenities / Utilities
Security Features Fire Alarm
Location
County Jefferson
Subdivision Edgewater
Elem School Lumberg
High School Jefferson
Middle School Wheat Ridge
Elementary School District Jefferson County R-1
Middle School District Jefferson County R-1
High School District Jefferson County R-1
APN 72651
Zoning R-2
Directions Corner Lot On Pierce And 25th.
Multifamily Details
Total # of Units 2
Net Operating Income 27600
Operating Expense 1500
Cap Rate 8.6
Operating Expense Includes Real Estate Tax
Gross Income 27600
Lot/ Land Details
Road Surface Paved
$757K
Range: $575K-$938K
Last 30 days 
  • Apr 2015
    mls logo MLS # 6993345
  • Apr 21, 2015 Sold
    $365,000 (+65.9%)
  • Dec 2010
    mls logo MLS # 944278
  • Dec 29, 2010 Sold
    $220,000 (+62.8%)
  • Jun 2010
    mls logo MLS # 879794
  • Jun 1, 2010 Sold
    $135,100
  • Year Property taxes Tax assessment
  • 2024
    $3,493 +0.3%
    $40,537
  • 2023
    $3,482 +23.9%
    $40,537 +20.0%
  • 2022
    $2,812 -3.5%
    $33,781
  • 2021
    $2,913 +4.0%
    $33,781 +3.5%
  • 2020
    $2,800 +1.4%
    $32,640
  • 2019
    $2,762 +20.7%
    $32,640 +25.02%
  • 2018
    $2,288 +10.9%
    $26,107
  • 2017
    $2,062 +15.4%
    $26,107 +25.29%
  • 2016
    $1,787 +30.6%
    $20,837
  • 2015
    $1,368
    —
  • 2499 Pierce St
    $365K
  • Northeast Lakewood
    $379K 0% y/y
  • 80214
    $525K -6% y/y
  • Edgewater
    $625K -14% y/y
No chart available
Statistics calculated by Movoto

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2/10
Lumberg Elementary School
public Grades PK, K-6
Jeffco Public Schools
3/10
Jefferson High School
public Grades 7-12
Jeffco Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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