$775,000

Estimated payment $4,594/month

Total Views 224
6 Beds
3 Baths
2,128 Sq Ft
$364 Price per Sq Ft

Highlights

  • Wood Flooring
  • Patio
  • Landscaped
  • No HOA
  • 1-Story Property
  • Forced Air Heating System

About This Home

Rare turnkey investment property with minimal upcoming maintenance, great tenants and $1700/unit rent rates that will give nice cashflow day one! This Tri-plex has longtime tenants that get along well and have a perfect timely payment history. This can be easily self managed, even by a novice investor. Booming location close to light rail and downtown with scrapes already happening a few houses down. New roof and gutters 2018. New windows and front doors 2014. Air duct cleaning 2019. Unit 1465- Refinished wood floors, updated bathroom, newer stainless appliances. Unit 1467- Remodeled kitchen and bath, refinished wood floors, newer appliances, 2025 water heater, stainless appliances, new kitchen floors, new bath shower walls/kit. Unit 1469- Remodeled bath, plank flooring in kitchen, 2023 refrigerator. Basement laundry room with extra storage rooms could be finished into additional space. Backyard shed with 4 storage units. 3 private parking spots in back. Video Tours of each unit online, don't miss this amazing investment opportunity in Athmar Park! Property qualifies for the Community Reinvestment Act, 1.75% loan credit up to $7,000!

Listing Agent

Matt Hill

Premier Real Estate Management LLC Brokerage Email: matt@premierrem.com License #100007296 Listed on: 08/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 9,370 Sq Ft Lot
  • Two or More Common Walls
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Irrigation

Home Design

  • Triplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Valverde Elementary School
  • Kipp Sunshine Peak Academy Middle School
  • West High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System

Additional Features

  • Smoke Free Home
  • Ground Level

Listing and Financial Details

  • Exclusions: Tenant personal property and window AC units
  • The owner pays for exterior maintenance, insurance, taxes, trash collection, water
  • Assessor Parcel Number 5162-01-029

Community Details

Overview

  • No Home Owners Association
  • Athmar Park Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Laundry Facilities
  • Operating Expense $14,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,458

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 2128
  • Below Grade Sq Ft: 718
  • Entry Location: Ground
  • Exclusions: Tenant personal property and window AC units
  • Living Area: 2128
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Athmar Park
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: matt@premierrem.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Smoke Free
  • Flooring: Carpet, Vinyl, Wood
  • Common Walls: 2+ Common Walls
  • Basement: Exterior Entry, Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 6
  • Entry Level: 1

Exterior Features

  • Roof: Shingle
  • Construction Materials: Concrete, Stucco
  • Exterior Features: Rain Gutters
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area, In Basement

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 14887

Schools

  • Middle Or Junior School: KIPP Sunshine Peak Academy

Lot Info

  • Parcel Number: 5162-01-029
  • Lot Size Acres: 0.22
  • Fencing: Partial
  • Building Area Total: 2846
  • Lot Features: Irrigated, Landscaped, Level, Sprinklers In Front
  • Lot Size Sq Ft: 9370

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4458

MLS Schools

  • Elementary School: Valverde
  • High School: West

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,458 $56,280 $10,470 $45,810
2023 $4,361 $56,280 $10,470 $45,810
2022 $3,022 $38,000 $14,360 $23,640
2021 $2,982 $39,960 $15,100 $24,860
2020 $2,953 $39,800 $13,590 $26,210
2019 $2,870 $39,800 $13,590 $26,210
2018 $2,055 $26,560 $8,520 $18,040
2017 $2,049 $26,560 $8,520 $18,040
2016 $1,665 $20,420 $6,392 $14,028
2015 $1,595 $20,420 $6,392 $14,028
2014 $1,565 $18,840 $3,367 $15,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $775,000 -- $364 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Guardian Deed $250,000 Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $184,000 New Conventional
Closed $187,500 New Conventional
Source: Public Records

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Source: REcolorado®

MLS Number: 4548448

REcolorado®

APN: 5162-01-029