5005 W 1st Ave Denver, CO 80219

Building Details

Year Built

1957

Listing office d***@gmail.com Show Phone

Listing date Mar 31, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This multifamily property is being offered at a 7.9% cap rate. The unit mix includes two 3-bedroom, 2-bath units, one 1-bedroom unit, and a studio. All units are currently rented and feature washer-dryers and air conditioning. The studio has been recently renovated, and the upstairs 3-bedroom unit is in excellent condition. The 1-bedroom unit and downstairs 3-bedroom unit may benefit from floor upgrades when the current tenants vacate. The property is located near 6th Avenue, providing convenient access to Downtown Denver and the Belmar Shopping area. A new roof with hail-resistant shingles has been installed, which helps keep insurance costs manageable.

Key Highlights

• Competitive 7.9% cap rate.
• Unique unit mix: two 3‑bedroom/2‑bath, one 1‑bedroom, and a studio.
• All units have washer/dryers and AC.

Property Analytics

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FAQs

What type of property is this?

Quadplex - Multifamily property near 6th Avenue with high cap rate.

Where is this quadplex located?

The property is located at 5005 W 1st Ave Denver, CO.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Competitive 7.9% cap rate.; Unique unit mix: two 3‑bedroom/2‑bath, one 1‑bedroom, and a studio.; All units have washer/dryers and AC.