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$550,000

Est. payment - /mo

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2 Beds

2 Baths

1,224 SqFt

New

5235 Cheyenne Rd Indian Hills, CO 80454

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

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Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,224 sqft

Subdivision Indian Hills 2Nd Flg

MLS Listing ID 3294743

Style Chalet,Ranch

Bedrooms 2

Full Baths 2

HOA Y/N false

Abv Grd Liv Area 1,224

Originating Board REcolorado

Year Built 1948

Annual Tax Amount $2,913

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Residential-Detached

Property Description

Investor Opportunity - Income Property in Indian Hills. Discover the perfect blend of rustic charm, modern comfort, and reliable rental income at 5235 Cheyenne Rd in the scenic community of Indian Hills. This well-maintained 2-bedroom, 2 bathroom home offers 1,224 square feet of living space, featuring hardwood floors, a cozy wood-burning fireplace, and generously sized bedrooms. The functional kitchen includes ample storage and everything needed for everyday living. Currently leased through March 2026, this property presents a turnkey investment opportunity with consistent rental income already in place. Additional highlights include high-speed Xfinity internet-ideal for remote work, public water-no well, off-street parking, and a washer and dryer. Situated on a peaceful quarter-acre lot with an inviting deck and wooded views, the home offers easy access to outdoor recreation at nearby Mt. Falcon and Pence Park. Located just off Parmalee Gulch Road and only 5 minutes from Highway 285, the commute to Denver is smooth and convenient. Indian Hills is known for its friendly community and beautiful natural surroundings, making this a desirable location for tenants and investors alike. Don't miss the chance to own an income-producing property in one of Colorado's most charming mountain neighborhoods.

Location

State CO

County Jefferson

Area Suburban Mountains

Zoning MR-3

Direction From downtown Evergreen: Head east on Co Rd 74 towards Kittredge, turn right onto Myers Gulch Road/Parmalee Gulch Road, turn right onto Giant Gulch Road, take first left on Cheyenne Road, home is on the right. From Denver: Take US-285 South towards Fairplay, turn right on Parmalee Gulch Road, turn left onto Giant Gulch Road, take the first left on Cheyenne Road, home is on the right.

Rooms

Other Rooms Kennel/Dog Run, Outbuildings

Primary Bedroom Level Main

Bedroom 2 Main

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type Living Room, Single Fireplace

Fireplace true

Appliance Dishwasher, Refrigerator, Washer, Dryer

Laundry Main Level

Exterior

Garage Spaces 4.0

Fence Partial

Utilities Available Natural Gas Available, Electricity Available, Cable Available

View Foothills View

Roof Type Composition

Street Surface Dirt

Handicap Access No Stairs

Porch Patio

Building

Lot Description Rolling Slope

Story 1

Sewer Septic, Septic Tank

Water City Water

Level or Stories One

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Parmalee

Middle Schools West Jefferson

High Schools Conifer

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Virtual Tour https://v1tours.com/listing/56641/

Information and Real Estate Services (IRES)

Listed by Tammy Drozda • Madison & Company Properties • tammy@madisonprops.com,720-308-1652

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Jerid Wempen

Broker

+1(720) 297-4020