This well-maintained four-bedroom, two-bathroom townhouse in a common-wall development offers a stable and attractive investment opportunity with long-term tenants already in place. Located in a high-demand rental market, the property presents an excellent chance for minor upgrades to further increase rental income.
The home’s entrance is conveniently situated on the south side via W Nevada Pl, with a community parking lot providing two designated spaces per unit. The upper level features a spacious living area with high ceilings, one full bathroom, and one bedroom. The above-grade lower level includes three additional bedrooms, another full bathroom, and a walkout access to W Alameda Ave from one of the bedrooms. A reliable long-term tenant has occupied the property for over five years, ensuring consistent rental income.
Additionally, the seller owns 4562 W Alameda Ave, the adjoining common-wall property, as well as 4580 and 4582 W Alameda Ave. Each property is listed individually but can be purchased as a portfolio package for a larger investment opportunity. The 4562 W Alameda Ave unit has an identical layout with higher rent, while 4580 and 4582 W Alameda Ave have slightly smaller layouts.
This is a rare opportunity to acquire a high-performing rental property in a thriving rental market.
Listing Broker shares ownership of the property.
Last Agent to Sell the Property
Compass - Denver Brokerage Email: nikolina.jugovic@compass.com License #100095401
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Schools
Utilities
Listing and Financial Details
Overview
Pet Policy
Building Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $395,000 | 0.0% | $239 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $395,000 | -- | $239 / Sq Ft |
| 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 | $1,570 | $19,820 | $1,390 | $18,430 |
| 2023 | $1,536 | $19,820 | $1,390 | $18,430 |
| 2022 | $1,544 | $19,410 | $1,440 | $17,970 |
| 2021 | $1,490 | $19,970 | $1,480 | $18,490 |
| 2020 | $1,258 | $16,950 | $970 | $15,980 |
| 2019 | $1,222 | $16,950 | $970 | $15,980 |
| 2018 | $862 | $11,140 | $890 | $10,250 |
| 2017 | $859 | $11,140 | $890 | $10,250 |
| 2016 | $777 | $9,530 | $987 | $8,543 |
| 2015 | $745 | $9,530 | $987 | $8,543 |
| 2014 | $509 | $6,130 | $414 | $5,716 |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $316,000 | New Conventional | |
| Previous Owner | $2,449,685 | New Conventional | |
| Previous Owner | $121,500 | New Conventional | |
| Previous Owner | $52,065 | New Conventional | |
| Previous Owner | $140,000 | Fannie Mae Freddie Mac |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $395,000 | Stewart Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $80,100 | Assured Title | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | -- | -- |
$500,000
Discover a truly unique property brimming with potential, situated in the vibrant heart of the Santa Fe Arts District. With a rich history of serving as a commercial business for over 50 years, this distinctive building invites your vision and creativity to bring it to life. Originally designed as a row-home style duplex, the property was thoughtfully reconfigured to merge the two units into a
Holly Duckworth Novella Real Estate
Source: REcolorado®
MLS Number: 5054572
APN: 5182-02-030
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