The property boasts two 3-bedroom, 2-bathroom units that consistently achieve robust rental rates. These large units cater to the demand for comfortable and accommodating living spaces, attracting quality tenants and bolstering the property's income potential.
This investment opportunity presents an appealing in-place cap rate, offering a rare opportunity to secure a favorable yield in the prevailing interest rate climate.
Proximity to Regis University: Located just minutes away from Regis University, this property offers a convenient housing option for graduate students or staff.
Great opportunity for owner occupant to live in one side and cover the majority of the debt.
Rare side-by-side duplex that offers two separate driveways, yards, and 2-car garages.
Sold for $600,000
$600,000
2535 W 55th Avenue, Denver, CO 80221
6beds
4baths
2,048sqft
Duplex
Built in 1986
-- sqft lot
$582,400 Zestimate®
$293/sqft
$2,531 Estimated rent
Home value
$582,400
$542,000 - $623,000
$2,531/mo
Zestimate® history
Owner options
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$2,531/mo
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$3,535/mo
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$3,535/mo
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Rare side-by-side duplex
Zillow last checked:
Listing updated:
Listed by:
Adam Riddle ariddle@capstone-companies.com,
Capstone Apartment Partners, LLC
Bought with:
Daniel Guenther, 100092299
eXp Realty, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 2100890
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
- Finished area above ground: 2,048
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
Details
- Parcel number: R0202097
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Westmoreland
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $583,000
- Annual tax amount: $2,991
- Date on market: 7/31/2023
- Listing terms: Cash,Conventional
- Exclusions: Tenant Personal Property
- Ownership: Individual
- Tenant pays: Electricity, Gas, Internet, Telephone, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2023 | Sold | $600,000-9%$293/sqft |
Source:  REcolorado as distributed by MLS GRID #2100890 Report a problem | ||
| 12/4/2023 | Pending sale | $659,000$322/sqft |
Source: REcolorado as distributed by MLS GRID #2100890 Report a problem | ||
| 11/15/2023 | Price change | $659,000-5.9%$322/sqft |
Source: REcolorado as distributed by MLS GRID #2100890 Report a problem | ||
| 8/24/2023 | Listed for sale | $699,999+55.6%$342/sqft |
Source: REcolorado as distributed by MLS GRID #2100890 Report a problem | ||
| 2/22/2020 | Listing removed | $1,795$1/sqft |
Source: Atlas Real Estate Group, LLC Report a problem | ||
| 1/21/2020 | Sold | $450,000$220/sqft |
Source: Public Record Report a problem | ||
| 1/21/2020 | Listed for rent | $1,795$1/sqft |
Source: Atlas Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,267 +0.6% | $36,440 -10.4% |
| 2024 | $4,239 +41.7% | $40,660 |
| 2023 | $2,991 -2.4% | $40,660 +66% |
| 2022 | $3,066 | $24,490 -2.8% |
| 2021 | -- | $25,190 +4.6% |
| 2020 | $2,942 | $24,090 -0.2% |
| 2019 | $2,942 +60.8% | $24,150 +62.7% |
| 2018 | $1,830 | $14,840 |
| 2017 | $1,830 | $14,840 +2.9% |
| 2016 | -- | $14,420 |
| 2015 | $1,641 | $14,420 +2.7% |
| 2014 | -- | $14,040 |
| 2013 | -- | $14,040 +1.7% |
| 2012 | -- | $13,800 |
| 2011 | -- | $13,800 -5.2% |
| 2010 | -- | $14,550 |
| 2009 | -- | $14,550 -16.3% |
| 2008 | -- | $17,380 |
| 2007 | -- | $17,380 -1.9% |
| 2006 | -- | $17,720 |
| 2005 | -- | $17,720 +9.2% |
| 2004 | -- | $16,220 |
| 2003 | $1,557 +26% | $16,220 +5.4% |
| 2002 | $1,236 +10.8% | $15,390 +21% |
| 2001 | $1,116 | $12,720 |
Find assessor info on the county website
Neighborhood: Berkley
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Nearby schools
GreatSchools rating
- 2/10Josephine Hodgkins Leadership AcademyGrades: PK-8Distance: 1.7 mi
- 2/10Westminster High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Hodgkins
- Middle: Scott Carpenter
- High: Westminster
- District: Westminster Public Schools
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$582,400
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Estimated market value
$582,400
- Colorado
- Adams County
- Denver
- 80221
- Berkley
- 2535 W 55th Avenue
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