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Commerce City 80022
5977 Olive St
$325,000
● House - For Sale

5977 Olive St

Commerce City, CO 80022
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,005 Ft²
$1,694
Est. Monthly

About This Property

This quaint 2-bed 1-bath ranch home on a huge 14,250 sf lot, represents a great opportunity for a Buyer on a budget or an Investor looking for profit. The enclosed back porch addition, with heat and electric, makes this home live large and presents unlimited options for a home office, family room, storage space, extra sleeping area, etc. The newer roof and mechanical will help to limit repair costs upon move-in.
Unit Size
1,005 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$323
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1952

Listed By

Chris Venne
[email protected]
Resident Realty South Metro

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 10 months ago (REcolorado MLS #9439726)

Price History

Date / Event Date Event Price
Jan 19, 2026 Listed by Resident Realty South Metro $325,000
Listed by Resident Realty South Metro

Property Highlights

Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 1005
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1952
Building Area Total: 1005
Levels: One
Construction Materials: Stucco
Lot Size Area: 14250
Lot Size Units: Square Feet
Lot Size Acres: 0.33
Lot Size Square Feet: 14250
Water Source: City Water
Financial Details
Tax Annual Amount: $1,170
Utilities Details
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,250
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 750
  • Total Building Area: 667
  • Gross Building Area: 667
  • Building Area: 667
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 667
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THURINGERS SUBD AMENDED
  • Land Acres: 0000000327
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:THURINGERS SUBD AMENDED BLK:1 DESC: N2 OF LOT 7

Neighborhood

  • School District Name: Adams County School District 14
  • School Tax School District: SD 14-COMMERCE
  • Census Tract: 008709

Geography

  • Assessors Map Reference: 256-B
  • Account Number: R0091990
  • Parcel: R0091990
  • Block: 1
  • Lot: 7
  • Meridian: SEC 08 QTR 4 TWN 03S RNG 67W
  • Latitude: 39.8051
  • Longitude: -104.907

    Address

  • Full Address: 5977 Olive St
  • Address - House Number: 5977
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: CO
  • City Name: Commerce City
  • Carrier Code: C016
  • 4-Digit Zip Code: 4129
  • Zip Code: 80022

Valuation

    Tax

  • Total Area: 667
  • Tax Year: 2022
  • Tax Amount: $166,184
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 25-250

    Appraisal Valuation

  • Standard Deviation: 0.1348
  • Valuation Date: May 17, 2023
  • Confidence Score: 84
  • Final Value: 368,345
  • High Value: 418,034
  • Low Value: 318,657

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $85,000
  • Market Improvement Value: $245,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,320
  • Assessed Land Value: $5,750
  • Assessed Improvements Value: $16,570
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 Commerce City

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2242 ft²

Average Home Age

16.7 years

Currently For Sale

592 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

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REcolorado

Listed by: Chris Venne, Resident Realty South Metro
Last Updated: 10 months ago
Data Source: REcolorado MLS, MLS# 9439726
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5977 Olive Street built and last sold?
The property at 5977 Olive Street was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5977 Olive Street is $325,922.
What are some comparable homes to 5977 Olive Street?
There are currently no comparable homes to 5977 Olive Street.
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