Search
Historic Duplex with Garage
For Sale
$525,000
Pending

525 E 5th Ave, Denver, CO 80203

Period details, a fenced yard, and a detached garage provide character, outdoor space, and off-street parking.

Property Size1,019 SF
Days on Market85

Property Features for 525 E 5th Ave

General Information

Standard status Pending
Size 1,019 SF
Total Parking Spaces 1
Property subtype Duplex

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,997

Amenities

original hardwood floors
vintage fireplace
built-in bookcases
original doors
fully fenced yard

Building Details

Building Size 1,019 SF
Year Built 1923
Buildings 1
Construction bungalow
Listing Agency: The Kennedy Home Group
Listed By: Rachel Kennedy · License #100049797
Source: Guidere
Added: Jul 22 Changed: Oct 12 Last Checked: Oct 13 at 12:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kennedy Home Group

Investment Insights

Based on property information with market context.

Built in 1923, this Denver duplex presents a historic residential profile with original hardwood floors, a vintage fireplace, built-in bookcases, and original doors. Natural light reaches the living and dining areas, while the fully fenced yard adds usable outdoor space. A detached one-car garage provides off-street parking and storage.

The property is located at 525 E 5th Ave in Denver, within a walkable area near restaurants, coffee shops, and local businesses. Its combination of period craftsmanship, outdoor space, and garage access gives the property a distinct urban residential setting.

Key Highlights

  • 1923 construction with original hardwood floors, doors, built‑in bookcases, and vintage fireplace
  • Fully fenced yard for outdoor use
  • Detached one‑car garage with off‑street parking and storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,934
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,680 $338.7K
Cap Rate 7%
$241,914 $241.9K
Cap Rate 9%
$188,156 $188.2K
Market Conditions
NOI Build-Up for 1,019 SF
Gross rent
$25.7K $25.20/SF
− Vacancy
−$1.5K −$1.46/SF
EGI
$24.2K $23.74/SF
− OpEx
−$7.3K −$7.12/SF
NOI
$16.9K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,680
Cap Rate 7%
$241,914
Cap Rate 9%
$188,156

Alternative Uses

Best Use
Multifamily LT 5
$241.9K
$211.7K – $282.2K (±1% cap)
NOI $16,934 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$221.0K
$193.4K – $257.9K (±1% cap)
NOI $15,472 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$324.4K
$283.8K – $378.5K (±1% cap)
NOI $22,707 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Mobile Phone Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,956
Businesses Nearby

Demographics for 80203, CO

22,883
Population
16,887
Households
1.4
Avg Household Size
33
Median Age
69%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
20,803
Density / Sq Mi
$74,654
Median Household Income
$59,229
Median Earnings
$1,569
Median Rent
$462,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Period details, a fenced yard, and a detached garage provide character, outdoor space, and off-street parking.
Where is this duplex located?
The property is located at 525 E 5th Ave Denver, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1923 construction with original hardwood floors, doors, built‑in bookcases, and vintage fireplace; Fully fenced yard for outdoor use; Detached one‑car garage with off‑street parking and storage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again