Public Remarks: Investment opportunity, recently renovated duplex???an enticing addition to any investment portfolio. Boasting a comprehensive refurbishment, including new floors, paint, kitchens, and baths, this property promises a hassle-free ownership experience with minimal maintenance requirements. The larger unit at 5045 Swadley is 1,474 square feet of prime rental space or as the owners quarters (current lease ends 7/31/2024), comprising 3 bedrooms and 2 baths. 5055 Swadley offers 991 square feet, accommodating 2 bedrooms and 1 bath. Both units are tailored for tenant satisfaction, featuring individual washer/dryer units, 1-car garages, and expansive private backyards. Boasting zero vacancies since ownership and consistent rent increases, this property has consistently ranked within the top 75% of rental comps???a testament to its enduring appeal and solid investment potential. Ideal for savvy buyers seeking both a residence and a revenue stream, live in one side and rent out the other. This property presents an opportunity for owner-occupied financing. Imagine owning a home that not only meets your family's needs but also includes an additional unit for supplementary income and enhanced qualification for your mortgage. Positioned strategically between Golden, Wheat Ridge, and Arvada, these units cater to a thriving rental market, ensuring steady occupancy and lucrative rental income. This locations gives tenant and/or owner occupants the advantage of an amazing school district, Jefferson County School District. Seize the opportunity to diversify your portfolio with this turnkey investment property. .
Multi-familyProperty Type
1977Year Built
0.31 acresLot Size
$337Est. Price/Sq.Ft.
2 car garageParking
Listed by Danielle Wolff-Zimmerman• Fort + Hom, LLC
Melody Rivera • Keller Williams Realty Urban Elite
See all
Provided by Redfin
Sale history for 5045 Swadley St #5055
Date
Event
Price
IRES as Distributed by MLS Grid #9905044
Oct 22, 2024
Sold
$895,000
$363/sq ft
Aug 29, 2024
Pending
—
Jul 11, 2024
Price Changed
$910,000
$369/sq ft
May 9, 2024
Listed
$925,000
$375/sq ft
IRES as Distributed by MLS Grid #8423593
Dec 31, 2023
Listing Removed
—
Oct 5, 2023
Price Changed
$925,000
$375/sq ft
Mar 24, 2023
Listed
$950,000
$385/sq ft
Public Records
Nov 30, 2021
Sold
$551,000
$224/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,145 (+16.8%)
$13,627 + $28,669
$42,296
2024
$3,548 (−0.1%)
$20,745 + $17,932
$38,677
2023
$3,552 (+9.8%)
$20,745 + $17,932
$38,677
2022
$3,234 (−55.5%)
$16,864 + $18,002
$34,866
2021
$7,260
$17,733 + $18,928
$36,661
Tax history for 5045 Swadley St #5055
Year
Property tax
Land + Additions
Assessment*
2025
$4,145 (+16.8%)
$13,627 + $28,669
$42,296
2024
$3,548 (−0.1%)
$20,745 + $17,932
$38,677
2023
$3,552 (+9.8%)
$20,745 + $17,932
$38,677
2022
$3,234 (−55.5%)
$16,864 + $18,002
$34,866
2021
$7,260
$17,733 + $18,928
$36,661
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
1977
Sq. Ft.
2,455
Year built
1977
Style
Single Family Residential
County
Jefferson County
APN
300513925
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-2
Residential-Two District
This district is established to provide high quality, safe, quiet and stable low to moderate-density residential neighborhoods, and to prohibit activities of any nature which are incompatible with the residential character.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Fire house
Park & open space
Property details
Parking
Parking Features
Covered Spaces: 2
Garage: Yes
Attached Garage: Yes
Garage Spaces: 2
Other Parking: Parking Per Unit(1 Space/Unit)
Interior
Bedroom Information
Bedrooms Total: 5
Heating & Cooling
Cooling: Yes
Evaporative Cooling, Ceiling Fan(s)
Heating: Yes
Forced Air, Baseboard
Interior Features
Dishwasher, Refrigerator, Microwave, Disposal
Open Floorplan
Exterior
Exterior Features
Fencing: Fenced
Patio and Porch Features: Patio
Roof: Composition
Lot Information
Horse(s): No
Lot Features: Gutters, Corner Lot
Property Information
Property Type: Residential Income
Waterfront: No
Subdivision Information
Subdivision Name: Vista Ridge
MLS Area Major: Metro Denver
Building Information
Above Grade Finished Area: 2465
Building Area Total: 2465
Construction Materials: Wood/Frame, Brick/Brick Veneer, Wood Siding
Financial
Tax Information
Tax Annual Amount: 3967
Tax Year: 2023
Lease Information
Gross Income: 60990
Operating Expense: 19376
Financial Information
Listing Terms: Cash, Conventional, FHA, VA Loan, 1031 Exchange
Utilities
Utility Information
Electric: Separate Meter Electricity
Gas: Separate Meter Gas
Sewer: City Sewer,Public Sewer
Location
Multi-Unit Information
Number of Units Total: 2
Multi-Family Financial Information
Cap Rate: 4.5
Net Operating Income: 41614
Tenant Pays: Gas, Electricity, Trash Collection
HOA Information
Association: No
School Information
High School District: Jefferson Dist R-1
Elementary School: Vanderhoof
Middle or Junior School: Drake
High School: Arvada West
Location Information
Unparsed Address: 5045 Swadley St 5055 Wheat Ridge CO 80033
Street Number: 5045
Street Name: Swadley
Street Suffix: St
UnitNumber: 5055
City: Wheat Ridge
State or Province: CO
County or Parish: Jefferson
Country: US
Postal Code: 80033
Coordinates: -105.130013,39.789104
Latitude: 39.789104
Longitude: -105.130013
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 2,455
Stories: —
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: 1977
County: Jefferson County
APN: 300513925
Home facts updated by county records on Sep 14, 2026
Other
Miscellaneous Information
Exclusions: Tenant's personal property including the washer and dryer in each unit.