Complex is being sold at a competitive 7.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. All units are currently rented but with a few leases coming up it makes for an excellent house hack. All units have washer dryers and AC. Tenants love the units and I rarely find myself looking for tenants. Studio recently fixed up, Upstairs 3 bedroom is in excellent shape, 1 bedroom and downstairs 3 bedroom could use some floors when the tenants move out which could be a while. 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.
For sale
Price cut: $20K (5/4)
$1,100,000
5005 W 1st Avenue, Denver, CO 80219
3beds
4baths
3,823sqft
:
Get pre-qualified$7,028/mo
Quadruplex
Built in 1957
-- sqft lot
$1,058,100 Zestimate®
$288/sqft
$-- HOA
What's special
Studio recently fixed up
- 119 days |
- 52 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Nick Donato 720-320-6164 donatopropertymgmt@gmail.com,
Nick Donato
Source: REcolorado as distributed by MLS GRID,MLS#: 4678699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: Finished
Interior area
- Total structure area: 3,823
- Total interior livable area: 3,823 sqft
- Finished area above ground: 2,160
- Finished area below ground: 1,583
Property
Parking
- Total spaces: 7
- Details: Off Street Spaces: 7
Features
- Levels: One
- Stories: 1
- Patio & porch: Rooftop
Lot
- Size: 0.25 Acres
- Features: Level
Details
- Parcel number: 507238005
- Zoning: E-MX-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete, Frame
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Barnum West
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $571,800
- Annual tax amount: $2,742
- Date on market: 3/26/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Exclusions: Tenants Belongings
- Ownership: Agent Owner
Estimated market value
$1,058,100
$1.01M - $1.11M
$2,279/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Price change | $1,100,000-1.8%$288/sqft |
Source:  REcolorado as distributed by MLS GRID #4678699 Report a problem | ||
| 4/27/2026 | Price change | $1,120,000-1.8%$293/sqft |
Source: REcolorado as distributed by MLS GRID #4678699 Report a problem | ||
| 4/7/2026 | Price change | $1,140,000-0.9%$298/sqft |
Source: REcolorado as distributed by MLS GRID #4678699 Report a problem | ||
| 3/26/2026 | Listed for sale | $1,150,000+115%$301/sqft |
Source: REcolorado as distributed by MLS GRID #4678699 Report a problem | ||
| 9/28/2020 | Sold | $535,000-0.7%$140/sqft |
Source: Public Record Report a problem | ||
| 9/17/2020 | Pending sale | $539,000$141/sqft |
Source: West Peak Properties #9881102 Report a problem | ||
| 9/11/2020 | Listed for sale | $539,000+18.5%$141/sqft |
Source: West Peak Properties #9881102 Report a problem | ||
| 7/15/2020 | Sold | $455,000+1.1%$119/sqft |
Source: Public Record Report a problem | ||
| 3/13/2020 | Listed for sale | $450,000+21.6%$118/sqft |
Source: Owner Report a problem | ||
| 3/31/2018 | Sold | $370,000-1.3%$97/sqft |
Source: Public Record Report a problem | ||
| 2/1/2018 | Pending sale | $375,000$98/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 1/22/2018 | Listed for sale | $375,000+7.1%$98/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 12/17/2017 | Listing removed | $350,000$92/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 12/16/2017 | Listed for sale | $350,000$92/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 12/6/2017 | Pending sale | $350,000$92/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 11/25/2017 | Price change | $350,000-7.9%$92/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 11/8/2017 | Listed for sale | $379,900+31%$99/sqft |
Source: Denver Realty Group #9652243 Report a problem | ||
| 10/17/2017 | Sold | $290,000+12%$76/sqft |
Source: Public Record Report a problem | ||
| 10/2/2014 | Listing removed | $259,000$68/sqft |
Source: Quality 1st Homes #6493049 Report a problem | ||
| 7/4/2014 | Listed for sale | $259,000$68/sqft |
Source: Quality 1st Homes #6242067 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,683 +8.3% | $34,620 -8.1% |
| 2023 | $2,478 +3.6% | $37,670 +20.9% |
| 2022 | $2,392 +8.7% | $31,160 -2.8% |
| 2021 | $2,199 +2.9% | $32,050 +8.1% |
| 2020 | $2,138 -10.1% | $29,644 -0.7% |
| 2019 | $2,377 | $29,851 -2.9% |
| 2018 | $2,377 +0.3% | $30,730 |
| 2017 | $2,370 +27.2% | $30,730 +28.8% |
| 2016 | $1,864 +29.9% | $23,860 |
| 2015 | $1,435 0% | $23,860 +38.1% |
| 2014 | $1,436 -4.3% | $17,280 |
| 2013 | $1,501 +17.9% | $17,280 -3.2% |
| 2012 | $1,273 -0.1% | $17,850 |
| 2011 | $1,274 +2.2% | $17,850 -6.7% |
| 2010 | $1,246 -7.4% | $19,130 |
| 2009 | $1,345 -0.2% | $19,130 -5% |
| 2008 | $1,347 -3.3% | $20,140 |
| 2007 | $1,394 +1.1% | $20,140 -3.3% |
| 2006 | $1,378 +0.6% | $20,820 |
| 2005 | $1,370 +7.5% | $20,820 -4.7% |
| 2003 | $1,274 +1.9% | $21,850 +2.7% |
| 2002 | $1,250 | $21,280 +6.8% |
| 2001 | -- | $19,920 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Barnum West
Nearby schools
GreatSchools rating
- 5/10Newlon Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Kepner Beacon Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Kunsmiller Creative Arts AcademyGrades: 1-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Newlon
- Middle: Grant
- High: West
- 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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