Listed By:
Compass - Denver;
Address
5450 Alcott Street, Denver, CO
Price
$ 600,000
Property Attributes
  • MLS#8321667
  • TypeMulti-Family
  • Listing Status Active
  • CountyADAMS
  • CityDenver
  • NeighborhoodChaffee Park
  • Zip80221
  • StyleDuplex
  • Year Built1982
  • Taxes$ 4858
  • Price$ 600,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1920
  • Lot Size0.22 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Duplex investment opportunity with a 5% cap rate in Denver’s Regis area, featuring two separate 2-bedroom, 1-bath units, 4 total bedrooms, 2 total bathrooms, and approximately 1,920 total square feet. One unit is currently leased and occupied (not renovated), while the second unit is updated and currently vacant and easy to show. Showings are limited to the vacant unit. The tenant-occupied unit may not be viewed until we have an executed contract. Rent rolls and additional financial information are available for review. Each unit has separate electric and gas meters, with utilities paid by the respective tenants. Both units include private outdoor space and access to a large fenced yard. The property also offers off-street parking. This two-unit multifamily property offers existing rental income, separate utility metering, and value-add potential through the updated vacant unit. Located near Berkeley Hills Park, Regis University, shopping, dining, public transportation, and major transportation routes. Approximately 1.2 miles to Regis University, 1.3 miles to the Clear Creek/Federal Station, and 3.4 miles to Union Station. Buyer to independently verify all financial information, expenses, rents, and investment projections.

Elementary School Middle School High School
Hodgkins Elementary School Josephine Hodgkins Leadership Academy Middle School Westminster High School
Price History
7/30/2026 Listed $600,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling None
Utilities Cable Available
Roof Composition
Appliances Cooktop,Dishwasher,Dryer,Oven,Range,Refrigerator
Zoning R-2
Construction Materials Brick,Frame,Other
Exclusions Tenant's and Seller's personal property
Year Built 1982
Tenant Pays Electricity,Gas,Other,Trash Collection,Water
Levels Two
Property Subtype Duplex
Tax Year 2025
Ownership Corporation/Trust
Gross Income 40740
OwnerPays Exterior Maintenance,Insurance,Taxes
County Adams
Operating Expense 12908
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Chaffee Park
Status Active
Directions From I-70,take the Federal Blvd exit and travel south on Federal Blvd. Turn east onto W 52nd Ave,then south onto Alcott St. Continue to 5450 Alcott St. The property is located on the west side of Alc
High School Westminster
City Denver
Entry Location Exterior Access
Senior Community Y/N No
High School District Westminster Public Schools
Lot Size Units Square Feet
Lot Size Square Feet 9800
Listing Terms 1031 Exchange,Cash,Conventional,Other
Elementary School Hodgkins
Tax Annual Amount 4858
Middle/Junior High School Josephine Hodgkins Leadership Academy
Property Condition Updated/Remodeled
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Westminster Public Schools
Elementary School District Westminster Public Schools
Cap Rate 5.07

Interior Features

Basement Crawl Space
Common Walls 1 Common Wall
Basement (Y/N) No
Above Grade Finished Area 1920
Laundry Features In Unit
Total Bedrooms 4
Total Baths 2

Exterior Features

Exterior Amenities Balcony,Garden
Fencing Full
Total Parking 3
Lot Size Area 9800
Building Area Total 1920
Lot Size Acres 0.22
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80221

Price
AVG $700K
$600K
Taxes
AVG $3,585
$4,858
Year Built
AVG 1944
1982
Visits
AVG 26
35
Data Provided by Inside Real Estate®