#3542987, Laura Stewart, Listing office: HomeSmart
5005 W 1st Ave Denver, CO 80219
Property details
About 5005 W 1st Ave
Complex is being sold at a competitive 7.4% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio was remodeled on 1/19/2025 and is currently furnished on Air BNB. Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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.
Highlights
Summary
- Basement: Yes
- Flooring Type: Carpet, Laminate, Tile
- Total Bedroom Count: 7
- Attached Garage: No
- Parking: Concrete
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,175,000
- Price/SqFt: $313
- Annual Tax Amount: $2,682
- Tax Year: 2023
- Lot: Level
- Year Built: 1957
- Living Area: 3,743 SqFt
- Lot Size: 0.25 Acres
- MLS Number: 9585598
- MLS Name: RECOLORADO
- Office Name: Nick Donato
- Office Phone: (720) 320-6164
- Office Email: donatopropertymgmt@gmail.com
- Listing Agent: Nick Donato
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 28, 2020 | Home Sold | $535,000 |
Jul 15, 2020 | Home Sold | $455,000 |
Jul 13, 2020 | Home Sold | $445,000 |
Apr 03, 2018 | Home Sold | $370,000 |
Oct 17, 2017 | Home Sold | $290,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $34,620 | $2,682 |
2022 | $31,160 | $2,391 |
2021 | $32,050 | $2,391 |
2020 | $29,640 | $2,199 |
2019 | $29,640 | $2,377 |
2018 | $30,730 | $2,370 |
2017 | $30,730 | $1,945 |
History based on county public records data.
Nearby schools
4
Newlon Elementary School
Public District PK-5
0.3 mi
•361 Vrain St
4
Knapp Elementary School
Public District PK-5
0.8 mi
•500 S Utica St
5
Deane Elementary School
Public District KG-6
1.0 mi
•580 S Harlan St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,955. Residents of Denver, CO typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 5005 W 1st Ave
The listing price of 5005 W 1st Ave property is $1,175,000.
The property 5005 W 1st Ave is a multi located in Denver, Colorado, 80219.
Active Listing: 5005 W 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5005 W 1st Ave are: Newlon Elementary School (GreatSchools Rating 4/10), Knapp Elementary School (GreatSchools Rating 4/10), Deane Elementary School (GreatSchools Rating 5/10), Strive Prep - Kepner (GreatSchools Rating 3/10), Kepner Beacon Middle School (GreatSchools Rating 4/10), Strive Prep - Westwood (GreatSchools Rating 3/10), New America School (GreatSchools Rating 1/10), Brady Exploration School (GreatSchools Rating 1/10), Florence Crittenton High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $2,682 (source: MLS/based on county public records data).
The last sale was on September 28, 2020 for $535,000 (source: MLS/tax record).
The property 5005 W 1st Ave is 3,743 SqFt (source: MLS/tax record).
The year of construction for 5005 W 1st Ave is 1957.
This home is located at 5005 W 1st Ave in Denver, CO and zip code 80219 in the Barnum West neighborhood. This 3,743 square foot home, which was built in 1957, sits on a 0.25 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $1,175,000.
In May 2025, from all listings sold in Denver, CO there were more than 249 sold above asking price, over 433 sold below and more than 249 were sold right at the asked price. The number of homes for sale in Denver, CO increased by 17.1% between April and May 2025. In May 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $580,961.