2590 Gray St Edgewater, CO 80214
Estimated payment $2,947/month
Highlights
- No Units Above
- No HOA
- Forced Air Heating System
- Corner Lot
- 1-Story Property
- Partially Fenced Property
About This Home
Price Reduced! An exceptional investment or owner-occupant opportunity in the heart of Edgewater — near Sloan’s Lake, Edgewater Marketplace, and just steps from the city’s vibrant Main Street lined with local favorites like Edgewater Beer Garden, Edgewater Inn, and Suzette Bakery & Cafe. 7+% Cap Rate This unique property features two separate homes on one 6,621 sq. ft. lot, offering versatile income potential and future development possibilities. Zoned R-PD (Residential Planned Development), this lot allows for multi-family construction, making it ideal for investors, builders, or house hackers looking to generate rental income while planning their next project. Property Highlights Two detached homes — separately metered for utilities. Front home: 2 bedrooms, 2 bathrooms, small yard, off-street parking. Rear home: 2 bedrooms, 1 bathroom, small yard. Both homes currently vacant — perfect for owner-occupant, new tenants, or redevelopment. Homes are clean and rentable as-is. Walk to Edgewater’s charming downtown, local bakery, brewery, and restaurants. Enjoy convenient access to Denver, Highlands, Sloan’s Lake, Edgewater Marketplace, and the foothills — all within minutes.
Listing Agent
West Peak Properties Brokerage Email: brad@westpeakproperties.com,720-989-7727 License #100003098 Listed on: 10/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,341
Year Built
- Built in 1932
Lot Details
- 6,621 Sq Ft Lot
- No Units Above
- No Common Walls
- No Units Located Below
- Partially Fenced Property
- Corner Lot
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Frame Construction
- Composition Roof
Interior Spaces
- 1,444 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Edgewater Elementary School
- Jefferson Middle School
- Jefferson High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
- Private Water Source
- Cable TV Available
Community Details
- No Home Owners Association
- Edgewater Subdivision
Listing and Financial Details
- Assessor Parcel Number 109947
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,331 | $39,048 | $15,081 | $23,967 |
| 2023 | $3,331 | $39,048 | $15,081 | $23,967 |
| 2022 | $2,580 | $29,697 | $13,018 | $16,679 |
| 2021 | $2,615 | $30,551 | $13,392 | $17,159 |
| 2020 | $2,385 | $28,025 | $12,941 | $15,084 |
| 2019 | $2,353 | $28,025 | $12,941 | $15,084 |
| 2018 | $2,250 | $25,899 | $11,654 | $14,245 |
| 2017 | $2,026 | $25,899 | $11,654 | $14,245 |
| 2016 | $1,783 | $21,307 | $5,363 | $15,944 |
| 2015 | $1,321 | $21,307 | $5,363 | $15,944 |
| 2014 | $1,321 | $14,793 | $4,628 | $10,165 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $500,000 | 0.0% | $346 / Sq Ft |
| 03/09/2026 03/09/26 | Pending | -- | -- | -- |
| 02/11/2026 02/11/26 | Price Changed | $500,000 | -4.8% | $346 / Sq Ft |
| 01/08/2026 01/08/26 | Price Changed | $525,000 | -4.5% | $364 / Sq Ft |
| 10/23/2025 10/23/25 | For Sale | $550,000 | -- | $381 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Ct (Chicago Title) | |
| Warranty Deed | $20,000 | Commonwealth Land Title Ins |
Source: REcolorado®
MLS Number: 8977742
APN: 39-361-07-023
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Ask me questions while you tour the home.