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.
Listed by Nick Donato
·
License #55061104
·
Nick Donato
·
720-320-6164
Last updated April 27, 2026
·
Source: REcolorado #4678699
Listing Facts
TypeMulti-family
NeighborhoodBarnum West
Bedrooms8
Bathrooms6
Days on Prevu35
Taxes$2,742/year
Size3,743 sqft
Price per sqft$299
Amenities
Private Outdoor Space
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
04/27/2026
Price Decreased
$1,120,000
04/07/2026
Price Decreased
$1,140,000
03/26/2026
Listed by Nick Donato
$1,150,000
Property Details for 5005 W 1st Avenue
Exterior
Construction
Roof: Shingle
Structure Type: Quadruplex
Year Built: 1957
Construction Materials: Concrete, Frame
Features
Patio And Porch Features: Rooftop
Measurements
Building Area Total: 3,823
Lot Features: Level
Lot Size Acres: 0.25
Lot Size Area: 0
Lot Size Square Feet: 10,890
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 7.9
Gross Income: $112,764.00
Operating Expense: $22,358.00
Operating Expense Includes: Internet, Utilities
Taxes
Parcel Number: 5072-38-005
Tax Annual Amount: $2,742.00
Tax Year: 2024
Interior
Measurements
Living Area: 3,743
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Total Integer: 6
Bedrooms Total: 8
Other
General
Exclusions: Tenants belongings
Location
Subdivision Name: Barnum West
Parking
Parking
Parking Total: 7
Schools
Elementary School
Elementary School: Newlon
Elementary School District: Denver 1
High School
High School: West
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Grant
Middle Or Junior School District: Denver 1
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air
Laundry Features: In Unit
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 6 bathrooms in this multi-family home at 5005 W 1st Avenue.
What schools are nearby to 5005 W 1st Avenue?
Nearby schools include the Newlon Elementary School, Grant Middle School, and West High School.
Does this multi-family home have parking?
Yes, there are 7 parking spaces available for 5005 W 1st Avenue.
What are the annual taxes for 5005 W 1st Avenue?
Annual taxes for this multi-family home are estimated at $2,742.
How does 5005 W 1st Avenue compare to other multi-family homes in Barnum West?
This multi-family home is listed 5% below the average price for multi-family homes in Barnum West and has been on the market for 23 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,743 sqft.
5005 W 1st Avenue is a 8-bedroom, 6-bath multi-family home for sale in Denver CO 80219. Available on Prevu for 35 days at $1,120,000. This includes a recent price decrease of $20,000. This property features 3,743 square feet of living space, located in Barnum West. The median listing price for multi-family homes in this area is $517,450. Nearby schools include Newlon Elementary School, Grant Middle School, and West High School. The home offers private outdoor space, air conditioning, and parking. Explore more multi-family home listings in Denver.
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.