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Denver 80204 Lincoln Park
2045 W 9th Ave
$350,000
● House - Off Market

2045 W 9th Ave

Denver, CO 80204
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,439 Ft²
$3,245
Est. Monthly
5.65%
Cap Rate

About This Property

Incredible opportunity to own a Live/Work artist warehouse in the heart of Denver. 10 parking spots. Industrial Business zoning permitted for ARTIST dwelling unit & painting/ sculpture gallery use. 4 Bed/1.5 Bath.16ft ceiling in the lower area (23x12.5) is currently used as a theater space. Remaining space is kitchen, laundry, 3/4 bath, study, storage & workshop. Front loading bay & rear loading door ground level to basement. 2-Sheds Reach Out for a Showing. Blocks away from Meow Wolf's - The Junkyard music venue, Paboriti BBQ, Fathia Eatery's, The Spice & Curry Kitchen & around the corner from the Santa Fe Art District, Mile High Stadium, Ball Arena, Meow Wolf Convergence, Elitch Gardens, Downtown Denver***All Information is deemed to be from reliable sources but is not guaranteed.***
Unit Size
2,439 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$191
Property Type
House
Property Taxes
$961
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (IRES MLS #1018182)

Price History

Date / Event Date Event Price
Feb 13, 2025 Sold
Premium
Sold
Sep 7, 2024 Listed by Terra Verde Realty $465,000
Listed by Terra Verde Realty
Jul 15, 2005 Sold
Premium
Sold
Aug 31, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,200
  • Garage Type: 1
  • Garage Square Area: 1,200
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 4,850
  • Lot Size Depth Feet: 9,100
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 1,599
  • Gross Building Area: 2,799
  • Building Area: 2,799
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 4
  • Property Class: O
  • Subdivision: MILLESONS ADD
  • Land Acres: 0000000111
  • Standard Land Use Code: 3000
  • County Land Use Code: 301
  • Legal Description 1: L 11 & 12 BLK 1 MILLESONS ADD

Neighborhood

  • School District Name: Denver County School District 1
  • Census Tract: 001901

Zoning

  • Zoning: I-B

Geography

  • Parcel: 05043-29-003-000
  • Block: 1
  • Lot: 11
  • Municipality: CITY & COUNTY OF DENVER
  • Latitude: 39.7313
  • Longitude: -105.012

    Address

  • Full Address: 2045 W 9th Ave
  • Address - House Number: 2045
  • Street Direction: W
  • Address - Street Name: 9th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Denver
  • Carrier Code: C022
  • 4-Digit Zip Code: 3845
  • Zip Code: 80204

Valuation

    Tax

  • Total Area: 1,599
  • Tax Year: 2022
  • Tax Amount: $1,264,528
  • Initial Tax Delinquent Year: 2014
  • Tax Rate Code Area: DENVER

    Market Valuation

  • Market Total Value: $548,300
  • Market Land Value: $169,800
  • Market Improvement Value: $378,500

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $159,010
  • Assessed Land Value: $49,240
  • Assessed Improvements Value: $109,770

    Sales

  • Current Sale Contract Date: Jun 10, 2005
  • Current Sale Recording Date: Jul 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005118717
  • Previous Sale Recording Date: Aug 31, 1999
  • Previous Sale Contract Date: Aug 31, 1999
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southwest Denver

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$326

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1634 ft²

Average Home Age

60.3 years

Currently For Sale

837 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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IRES

Listed by: Cassia Baranello, Terra Verde Realty
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1018182
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 2045 West 9th Avenue built and last sold?
The property at 2045 West 9th Avenue was built in 1967 and last sold on Jun 10, 2005 for $195,900.
How much is this home worth?
The estimated value of the home located at 2045 West 9th Avenue is $483,086.
What are some comparable homes to 2045 West 9th Avenue?
There are currently no comparable homes to 2045 West 9th Avenue.
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