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For sale
  • $550,000

    5235 Cheyenne Road, Indian Hills, CO 80454

    2beds
    1,224sqft
    : 
    Single Family Residence
    Built in 1948
    0.25 Acres Lot
    $550,900 Zestimate®
    $449/sqft
    $-- HOA

    What's special

    Wooded viewsRustic charmAmple storageModern comfortGenerously sized bedroomsCozy wood-burning fireplaceFunctional kitchen
    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.
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    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 06:40am

    Listed by:

    Tammy Drozda 720-308-1652 tammy@madisonprops.com,

    Madison & Company Properties

    Source: REcolorado,MLS#: 3294743MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5235 Cheyenne Road.

    Next available tour time:Monday at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Description: Large Room, Natural Light, Large Bay Window, En Suite Bathroom
    • Level: Main
    Bedroom
    • Description: Large Room, Across From Full Bathroom
    • Level: Main
    Primary bathroom
    • Level: Main
    Bathroom
    • Level: Main
    Other
    • Description: Room For Extra Storage
    • Level: Main
    Dining room
    • Description: Bathed In Natural Light
    • Level: Main
    Kitchen
    • Description: Well-Equipped With Modern Appliances
    • Level: Main
    Living room
    • Description: Hardwood Floors, Large Windows, And A Stunning Fireplace
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
    Features
    • Ceiling Fan(s), High Speed Internet, Laminate Counters, No Stairs, Primary Suite
    • Flooring: Carpet, Laminate, Wood
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,224
    • Total interior livable area: 1,224 sqft
    • Finished area above ground: 1,224
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    • Details: Off Street Spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch
    • Exterior features: Dog Run
    • Fencing: Partial
    Lot
    • Size: 0.25 Acres
    • Features: Foothills, Many Trees, Rolling Slope
    • Residential vegetation: Wooded
    Details
    • Parcel number: 046908
    • Zoning: MR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Rustic Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1948

    Utilities & green energy

    • Electric: 110V
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Indian Hills 2nd Flg
    HOA
    • Has HOA: No
    Location
    • Region: Indian Hills

    Financial & listing details

    • Price per square foot: $449/sqft
    • Tax assessed value: $398,459
    • Annual tax amount: $2,913
    • Date on market: 4/16/2025
    • Listing terms: Cash,Conventional
    • Exclusions: Tenants Personal Property
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Dirt
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