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For sale
  • $875,000

    9030 Elm Court, Denver, CO 80260

    6beds
    3baths
    2,769sqft
    : 
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    Triplex
    Built in 1963
    -- sqft lot
    $845,600 Zestimate®
    $316/sqft
    $-- HOA

    What's special

    TRIPLEX! Outstanding turnkey investment opportunity! This updated, fully occupied triplex in Federal Heights offers immediate rental income. The property consists of a duplex at 9050-1 and 9050-2 and a separate single-family home at 9030 Elm, all situated on one property with mature trees, outdoor living spaces, and ample parking. Unit 9050-1 has been completely remodeled from top to bottom with high-end finishes, while Unit 9050-2 has been updated with modern cabinetry, tile, stainless steel appliances, and an updated bathroom. Both duplex units offer 2 bedrooms, 1 bathroom, forced-air heat, private fenced yards, and a large shared front yard. All units share a convenient on-site laundry room, providing added convenience for residents. The detached home at 9030 Elm has also been beautifully updated with a newer kitchen, remodeled bathroom, updated flooring, and features 2 bedrooms, 1 bathroom, its own private yard, patio, gazebo, and forced-air heat. The property includes a six-space parking lot. Current owner income and expense statements for the past several years are available upon request. Whether you’re looking to expand your investment portfolio or move into one of the units in September once a vacancy occurs, this is an outstanding opportunity to own a well-maintained, income-producing property with minimal deferred maintenance. Showings are coordinated through the listing agent’s office only. Please do not disturb the tenants. Showings will be scheduled for qualified buyers with a pre-approval letter or proof of funds.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Baron 720-575-6100 Contact@allcountydenvermetro.com,

    Baron Enterprises Inc

    Source: REcolorado as distributed by MLS GRID,MLS#: 5690882MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Baseboard
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
      • Laundry: Common Area
      Features
      • Flooring: Laminate, Tile
      • Basement: Finished
      Interior area
      • Total structure area: 2,769
      • Total interior livable area: 2,769 sqft
      • Finished area above ground: 1,857
      • Finished area below ground: 912

      Property

      Parking
      • Total spaces: 6
      • Details: Off Street Spaces: 6
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Patio
      • Exterior features: Private Yard, Rain Gutters
      • Fencing: Partial
      Lot
      • Size: 0.28 Acres
      • Features: Corner Lot
      Details
      • Parcel number: R0050157
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mid-Century Modern
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Materials
      • Brick, Frame, Wood Siding
      • Foundation: Block, Slab
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Jana Lee Sub
      HOA
      • Has HOA: No
      Location
      • Region: Federal Heights

      Financial & listing details

      • Price per square foot: $316/sqft
      • Tax assessed value: $511,000
      • Annual tax amount: $3,293
      • Date on market: 7/10/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
      • Exclusions: Boiler Replaced In 2016. Serious Buyers Only For Showings Which Will Be Held 1 X A Week At A Specific Time With Tenant Approval. *there Is A Security Camera On One Unit Which Is The Tenants Camera Not The Owners. 9030 Sq Ft Was Provided By The Owner But Has Not Been Measured By The Listing Agent Or Verified, Buyer To Independently Verify All Square Footage's* gross Rental Income: total Monthly Rent: $1, 595 + $1, 745 + $1, 395 = $4, 735/Month gross Annual Income: $4, 735 × 12 = $56, 820/Year operating Expenses water, Sewer, Trash, And Grounds Maintenance: $300/Month annual: $300 × 12 = $3, 600/Year (Noi) $56, 820 - $3, 600 = $53, 220/Year cap Rate cap Rate = Noi ÷ Purchase Price $53, 220 ÷ $875, 000 = 0.0608, Or 6.08% gross Annual Income: $56, 820 annual Operating Expenses After Updates Are Averaged (Provided): $3, 600 - No More Needed Updates At This Time As The Property Is In Excellent Condition. 9050-1 Lease Ends 06.29.2027 9050-2 Lease Ends 9.31.26 9030 Lease Ends 11.30.2026
      • Ownership: Corporation/Trust
      • Lease term: Other
      • Tenant pays: Electricity, Internet

        Estimated market value

        $845,600

        $803,000 - $888,000

        $1,615/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$875,000+40.7%$316/sqft
        Source: REcolorado as distributed by MLS GRID #5690882 Report a problem
        11/6/2024Listing removed$1,695-5.6%$1/sqft
        Source: REcolorado as distributed by MLS GRID #4413367 Report a problem
        9/17/2024Price change$1,795-10%$1/sqft
        Source: REcolorado as distributed by MLS GRID #4413367 Report a problem
        8/28/2024Listed for rent$1,995$1/sqft
        Source: REcolorado as distributed by MLS GRID #4413367 Report a problem
        8/19/2020Sold$621,730+3.6%$225/sqft
        Source: Public Record Report a problem
        8/5/2020Pending sale$599,990$217/sqft
        Source: Re/max Cherry Creek #6480629 Report a problem
        7/27/2020Listed for sale$599,990+38.7%$217/sqft
        Source: Re/max Cherry Creek #6480629 Report a problem
        8/9/2016Sold$432,500-8.9%$156/sqft
        Source: Public Record Report a problem
        3/5/2016Listing removed$475,000$172/sqft
        Source: Leicht Source Realty, LLC #784562 Report a problem
        3/1/2016Listed for sale$475,000+1166.7%$172/sqft
        Source: Leicht Source Realty, LLC #784562 Report a problem
        8/1/2001Sold$37,500$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,182 +0.8%$31,950 -13%
        2024$3,156 +19.2%$36,720 +0.2%
        2023$2,647 -3.6%$36,660 +41.5%
        2022$2,746 $25,910 -3.4%
        2021-- $26,830 -38.9%
        2020$4,006 $43,880 -0.1%
        2019$4,006 +18.9%$43,920 +35.5%
        2018$3,369 $32,410
        2017$3,369 $32,410 +74.8%
        2016-- $18,540
        2015$1,748 $18,540 +36.4%
        2014-- $13,590
        2013-- $13,590 +5.3%
        2012-- $12,900
        2011-- $12,900 -0.5%
        2010-- $12,960
        2009-- $12,960 -23.4%
        2007-- $16,910 -12.1%
        2006-- $19,230 +9.5%
        2004-- $17,560
        2003$1,223 +24.1%$17,560 +22.5%
        2002$985 +5.4%$14,330 +16.5%
        2001$935 $12,300
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 80260

        Getting around

        61 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sunset Ridge
        • Middle: Ranum
        • 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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