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
·
License #007296
·
Premier Real Estate Management LLC
·
1 720-280-4033
Last updated August 22, 2025
·
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
The content relating to real estate for sale in this Web site comes in part from the Internet Data
eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers
other than Prevu are marked with the IDX Logo. This information is being provided for the consumers'
personal, non-commercial use and may not be used for any other purpose. All information subject to
change and should be independently verified.
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.