5005 W 1st Avenue, Denver, CO, 80219
About This Home
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1957
Materials
- Construction materials: Concrete,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
Features
- Finished area below ground: 1,583
- Finished area above ground: 2,160
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,823
- Total interior livable area: 3,823 sqft
Property
Details
- Parcel number: 507238005
- Zoning: E-MX-2
- Special condition: Standard
- Exclusions: Tenants Belongings
Features
- Levels: One
- Stories: 1
- Patio & porch: Rooftop
Lot
- Lot size: 0.25 Acres
- Features: Level
Parking
- Total spaces: 7
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $567 | $6,804 |
| Property Taxes | $430 | $5,160 |
| Electricity | $288 | $3,463 |
| Total | $6,847 | $82,164 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $1,100,000 |
| 2026-04-27 | Price change | $1,120,000 |
| 2026-04-07 | Price change | $1,140,000 |
| 2026-03-26 | Listed for sale | $1,150,000 |
| 2020-09-28 | Sold | $535,000 |
| 2020-09-17 | Pending sale | $539,000 |
| 2020-09-11 | Listed for sale | $539,000 |
| 2020-07-15 | Sold | $455,000 |
| 2020-03-13 | Listed for sale | $450,000 |
| 2018-03-31 | Sold | $370,000 |
| 2018-02-01 | Pending sale | $375,000 |
| 2018-01-22 | Listed for sale | $375,000 |
| 2017-12-17 | Listing removed | $350,000 |
| 2017-12-16 | Listed for sale | $350,000 |
| 2017-12-06 | Pending sale | $350,000 |
| 2017-11-25 | Price change | $350,000 |
| 2017-11-08 | Listed for sale | $379,900 |
| 2017-10-17 | Sold | $290,000 |
| 2014-10-02 | Listing removed | $259,000 |
| 2014-07-04 | Listed for sale | $259,000 |
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