Selling as-is, 1265 N Raleigh St is a prime opportunity for investors looking to do a full gut rehab, scrape and build, or redevelop. Located just a half-mile from Sloan's Lake, the lot is zoned G-MU-3 (multi-family up to 3 stories), blending right in with the surrounding triplexes and townhomes. For multi-family builders, you get a massive head start: the sale includes architectural, civil engineering, and survey design package for a 4-unit apartment building with detached garages. Having this advanced Site Development Plan (SDP) set ready saves tens of thousands in pre-paid design fees and cuts down significant city planning legwork. Build the 4-unit plan, bring your own concept, or fix up the existing structure.
West Colfax, located between Sloan’s Lake and Lakewood, is a historic and corridor-driven Denver neighborhood with a classic main-street strip and a foothills-facing horizon. The neighborhood’s character concentrates along West Colfax Avenue around the Lamar Street corridor, where taquerias, music rooms, vintage storefronts, and late-night counters keep the sidewalks in motion. The Bluebird Theater and Casa Bonita act as cultural anchors, while the Alamo Drafthouse Sloans Lake adds a cinephile clubhouse feel. Brick bungalows and mid-century apartments sit behind the avenue’s neon-era signage and long commercial blocks. Rtd’s W Line stations stitch the area to downtown, and Sloan’s Lake Park frames the east edge with big-sky paths and water views.
Provided by Walk Score and Local Logic
Offer insights
1265 N Raleigh St · $435,000
$435K and above
75% chance or better to win
Why $435K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 29 days.
SALE-TO-LIST
98.5%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Ceiling fans
Unfurnished
Bedrooms
2 bedrooms on the main level
Bathrooms
1 full bathroom on the main level
Kitchen
Kitchen on the main level
Laundry & utility
Basement utility/bonus space (partial basement)
Flooring
Carpet
Laminate
Tile
Heating & cooling
Baseboard heating
Room air conditioning
Exterior features
Private yard
Patio
Partial fencing
Level lot
Paved, publicly maintained road frontage
Home design
Single-family residence (residential)
One story
Live/work permitted
Fixer condition
Property is unattached
Facing/composition roof
Parking
2 off-street parking spaces on gravel
Construction
Concrete and frame construction
Composition roof
Utilities
Public water
Public sewer
Electricity connected
Other
Zoning: G-MU-3
Electricity and solar
View estimated energy costs and solar savings for this home
Selling as-is, 1265 N Raleigh St is a prime opportunity for investors looking to do a full gut rehab, scrape and build, or redevelop. Located just a half-mile from Sloan's Lake, the lot is zoned G-MU-3 (multi-family up to 3 stories), blending right in with the surrounding triplexes and townhomes. For multi-family builders, you get a massive head start: the sale includes architectural, civil engineering, and survey design package for a 4-unit apartment building with detached garages. Having this advanced Site Development Plan (SDP) set ready saves tens of thousands in pre-paid design fees and cuts down significant city planning legwork. Build the 4-unit plan, bring your own concept, or fix up the existing structure.
Public Records
Dec 4, 2001
Sold
$122,000
$146/sq ft
Public Records
Dec 1, 1998
Sold
$85,500
$102/sq ft
Public Records
Apr 1, 1979
Sold
$40,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$2,290 (+2.2%)
$38,650 + $60
$38,710
2023
$2,240 (−4.1%)
$28,330 + $580
$28,910
2022
$2,336 (+3.6%)
$29,300 + $70
$29,370
2021
$2,254 (+0.6%)
$30,140 + $70
$30,210
2020
$2,241 (+2.9%)
$30,140 + $70
$30,210
2019
$2,179 (+54.0%)
$30,140 + $70
$30,210
2018
$1,415 (+0.3%)
$18,220 + $70
$18,290
2017
$1,411 (+57.3%)
$18,220 + $70
$18,290
2016
$897 (+26.3%)
$18,216 + $74
$18,290
2014
$710
$2,240 + $6,310
$8,550
2013
$710 (−10.8%)
$2,237 + $6,313
$8,550
2012
$796 (+17.9%)
$5,389 + $4,081
$9,470
2011
$675 (−4.1%)
$5,389 + $4,081
$9,470
2010
$704 (+2.2%)
$5,389 + $4,081
$9,470
2009
$689
$5,389 + $5,181
$10,570
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,250 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
582
Unfinished Sq. Ft.
—
Total Sq. Ft.
582
Year built
1928
Style
Single Family Residential
County
Denver County
APN
05061-23-017-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
G-MU-3
Multi Unit 3 District
G-MU-3 is a multi unit district allowing urban house, duplex, garden court, town house, and apartment building forms. The tallest building form has a maximum height of 3 stories.
Permitted uses
Include but are not limited to:
No uses permitted by right
Jun 18, 2024 • Active
Plumbing
Plumbing
Jul 27, 2023 • Final
Concept plan
Demolish an existing home and garage. Construct a new four-unit apartment building and a new four-stall garage.
Demolition
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
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