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4560 W Alameda Avenue
Denver, 80219
FOR
SALE
$395,000
Active
4
Beds
2
Baths
1,650
Sq.Ft.
2005
Yr. Built
MLS# 5054572
Cumulative Days on Market: Less than 1 (since February 28th, 2025) Data provided by the MLS.

Property Details

This well-maintained four-bedroom, two-bathroom townhouse in a common-wall development offers a stable and attractive investment opportunity with long-term tenants already in place. Located in a high-demand rental market, the property presents an excellent chance for minor upgrades to further increase rental income. The homes entrance is conveniently situated on the south side via W Nevada Pl, with a community parking lot providing two designated spaces per unit. The upper level features a spacious living area with high ceilings, one full bathroom, and one bedroom. The above-grade lower level includes three additional bedrooms, another full bathroom, and a walkout access to W Alameda Ave from one of the bedrooms. A reliable long-term tenant has occupied the property for over five years, ensuring consistent rental income. Additionally, the seller owns 4562 W Alameda Ave, the adjoining common-wall property, as well as 4580 and 4582 W Alameda Ave. Each property is listed individually but can be purchased as a portfolio package for a larger investment opportunity. The 4562 W Alameda Ave unit has an identical layout with higher rent, while 4580 and 4582 W Alameda Ave have slightly smaller layouts. This is a rare opportunity to acquire a high-performing rental property in a thriving rental market.

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Property Highlights

Price
$395,000
Property Type
Residential Income
Property Sub Type
Duplex
Bedrooms
4
Total Bathrooms
2
Living Area
1,650
Price / Sq Ft
$239
Year Built
2005

Location

County
Denver
Subdivision
Irving Park Sub

Property Details

Price
$395,000
Property Sub Type
Duplex
Property Type
Residential Income

Building

Levels
Two
Structure Type
Duplex
Total Area
1,650

Community

Local Schools

Elementary School
Knapp
High School
Southwest Early College
Middle School
Kepner
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
4
Total Bathrooms
2

Rooms and Basement

Basement Features
Finished, Walk-Out Access
Has Basement
Yes

Area and Spaces

Above Grade Finished Area
1,650
Living Area
1,650

Appliances

Appliances
Convection Oven, Dishwasher, Microwave, Oven, Refrigerator

Interior Features

Flooring
Laminate, Tile
Interior Features
High Ceilings
Laundry Features
In Unit
Security Features
Carbon Monoxide Detector(s)

Heating and Cooling

Heating Features
Natural Gas

Building Details

Construction

Foundations
Concrete Perimeter
Year Built
2005

Materials

Construction Materials
Vinyl Siding
Roof
Slate

Terms

Commercial

Cap Rate
7.10

Terms

Exclusions
Tenant personal property
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional

Taxes

Tax

Tax (Annual)
$1,570

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Sewer
Community Sewer
Utilities
Electricity Connected, Natural Gas Connected

Exterior Features

Fencing
None

Parking

Total Parking Spaces
2
Listed by Compass - Denver, nikolina@milehimodern.com.
Listing Data last updated 02/28/2025 05:40 pm
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Property History

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Property information last updated
Today
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 02/28/2025 05:40 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 02/28/2025 05:40 pm
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