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Sold for $650,000
  • $650,000

    4925 W Mississippi Avenue, Denver, CO 80219

    6beds
    3baths
    2,911sqft
    Triplex
    Built in 1961
    -- sqft lot
    $646,000 Zestimate®
    $223/sqft
    $1,863 Estimated rent

    Home value

    $646,000

    $601,000 - $698,000

    $1,863/mo

    Zestimate® history
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    What's special

    Welcome to 4925 W Mississippi Ave in Denver, CO, a fantastic investment opportunity or perfect multi-family home! This Triplex features three well-maintained units, each offering 2 spacious bedrooms and 1 bath. One of the units even boasts a versatile 3rd non-conforming bedroom, ideal for an office space. Tenants will appreciate the convenience of a common laundry area located at the back corner of the property. With 7 parking spaces available, parking will never be an issue. This property is a gem for investors looking to expand their portfolio or for someone seeking a home where they can live and collect rental income from the other units. All units are currently rented on a month-to-month basis and are under market rent, providing excellent potential for increased revenue. The property also features a large private yard, perfect for outdoor activities and relaxation. Location is key, and this Triplex does not disappoint. Situated close to shopping and public transit, it is just a 10-minute drive from Downtown Denver, making commuting and daily errands a breeze. The exterior of the home has been freshly painted, and some units have received updates and new paint, ensuring a fresh and appealing look. Please note that showings will only be available once we are under contract. Kindly respect the privacy of the tenants and do not disturb them. Don’t miss out on this excellent opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Angel Hernandez 303-455-2555 angel@paisano.com,

    Paisano Realty, Inc.,

    Raul Hernandez 303-455-2555,

    Paisano Realty, Inc.

    Bought with:

    Angel Hernandez, 001313975

    Paisano Realty, Inc.

    Source: REcolorado as distributed by MLS GRID,MLS#: 3001567MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Baseboard, Hot Water, Steam
    Cooling
    • Air Conditioning-Room, None
    Appliances
    • Included: Dryer, Oven, Refrigerator, Washer
    • Laundry: Common Area
    Features
    • Ceiling Fan(s), Eat-in Kitchen, No Stairs, Tile Counters
    • Flooring: Carpet, Tile
    • Has basement: No
    Interior area
    • Total structure area: 2,911
    • Total interior livable area: 2,911 sqft
    • Finished area above ground: 2,911

    Property

    Parking
    • Total spaces: 7
    • Details: Off Street Spaces: 7
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch
    • Exterior features: Private Yard
    • Fencing: Full
    Lot
    • Size: 8,040 Square Feet
    • Features: Level, Near Public Transit
    Details
    • Parcel number: 518313092
    • Zoning: E-SU-G
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Block
    • Foundation: Block
    • Roof: Other,Rolled/Hot Mop
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Kentucky Gardens
    HOA
    • Has HOA: No
    Location
    • Region: Denver

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $699,300
    • Annual tax amount: $3,345
    • Date on market: 6/28/2024
    • Listing terms: Cash,Conventional,FHA,Other
    • Exclusions: Seller And Tenants Personal Property.
    • Ownership: Individual
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/31/2024Sold$650,000-3.7%$223/sqft
    Source: REcolorado as distributed by MLS GRID #3001567 Report a problem
    7/14/2024Pending sale$675,000$232/sqft
    Source: REcolorado as distributed by MLS GRID #3001567 Report a problem
    6/28/2024Listed for sale$675,000+172.7%$232/sqft
    Source: REcolorado as distributed by MLS GRID #3001567 Report a problem
    4/18/2001Sold$247,500$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,345 +7.3%$43,170 -6.7%
    2023$3,117 +1.4%$46,290 +18.1%
    2022$3,075 +32.2%$39,190 -4.9%
    2021$2,327 +2.9%$41,210 +31.4%
    2020$2,262 +8%$31,360 -0.7%
    2019$2,094 $31,579 +16.7%
    2018$2,094 +0.3%$27,070
    2017$2,088 +18.7%$27,070 +20.3%
    2016$1,759 +35.2%$22,510
    2015$1,301 0%$22,510 +43.7%
    2014$1,301 $15,660
    Find assessor info on the county website

    Neighborhood: Westwood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Force
    • Middle: West Denver Prep
    • High: John F. Kennedy
    • District: Denver 1

    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.

    Get a cash offer in 3 minutes
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    Estimated market value
    $646,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $646,000