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1465 W Nevada PlaceDenver, CO 80223

For Sale

$775,000

Smart Buyer Rebate $7,750

Rare turnkey investment property with minimal upcoming maintenance, great tenants and $1700/unit rent rates that will give nice cashflow day one! This Tri-plex has longtime tenants that get along well and have a perfect timely payment history. This can be easily self managed, even by a novice investor. Booming location close to light rail and downtown with scrapes already happening a few houses down. New roof and gutters 2018. New windows and front doors 2014. Air duct cleaning 2019. Unit 1465- Refinished wood floors, updated bathroom, newer stainless appliances. Unit 1467- Remodeled kitchen and bath, refinished wood floors, newer appliances, 2025 water heater, stainless appliances, new kitchen floors, new bath shower walls/kit. Unit 1469- Remodeled bath, plank flooring in kitchen, 2023 refrigerator. Basement laundry room with extra storage rooms could be finished into additional space. Backyard shed with 4 storage units. 3 private parking spots in back. Video Tours of each unit online, don't miss this amazing investment opportunity in Athmar Park! Property qualifies for the Community Reinvestment Act, 1.75% loan credit up to $7,000!

Listed by Matthew Hill

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License #007296

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Premier Real Estate Management LLC

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1 720-280-4033

Last updated August 22, 2025

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Source: REcolorado #4548448

Listing Facts

  • TypeMulti-family
  • NeighborhoodAthmar Park
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu18
  • Taxes$4,458/year
  • Size2,128 sqft
  • Price per sqft$364

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

08/19/2025
Listed by Premier Real Estate Management LLC
$775,000

Property Details for 1465 W Nevada Place

Association

Amenities

  • Pets Allowed: Cats OK, Dogs OK

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Structure Type: Triplex
  • Year Built: 1955
  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete, Stucco
  • Entry Level: 1
  • Entry Location: Ground
  • Exterior Features: Rain Gutters

Features

  • Fencing: Partial
  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 2,846
  • Lot Features: Irrigated, Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,370
  • Lot Size Square Feet: 9,370
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.0
  • Gross Income: $61,200.00
  • Operating Expense: $14,887.00
  • Operating Expense Includes: Insurance

Taxes

  • Parcel Number: 5162-01-029
  • Tax Annual Amount: $4,458.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Carpet, Vinyl, Wood
  • Interior Features: Smoke Free

Measurements

  • Living Area: 2,128

Rooms

  • Basement: Exterior Entry, Partial, Unfinished
  • Has Basement: Yes
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Other

General

  • Exclusions: Tenant personal property and window AC units

Location

  • Subdivision Name: Athmar Park

Parking

Parking

  • Parking Features: Asphalt
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Valverde
  • Elementary School District: Denver 1

High School

  • High School: West
  • High School District: Denver 1

Middle or Junior School

  • Middle Or Junior School: KIPP Sunshine Peak Academy
  • Middle Or Junior School District: Denver 1

Utilities

Equipment

  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.