$550,000
Indian Hills, CO 80454
- 0.25 Acres
- Jefferson County
- 2 Beds
- 2 Baths
Key Features
- Property Type: Residential
- Status: Active
- MLS® ID: 3294743
- Year Built: 1948
- Lot/Acreage: 0.25
- County: Jefferson
- Neighborhood: Indian Hills 2nd Flg
Interior Details
- Bedrooms: 2
- Bathrooms: 2
- Appliances: Dishwasher, Refrigerator, Washer, Dryer
- Cooling: Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces: 1
- Water: City Water
Exterior Details
- Garage: 4
- Zoning: MR-3
- Roof: Composition
- Other Structures: Kennel/Dog Run, Outbuildings
- Sewer: Septic, Septic Tank
- Virtual Tour Link: View Tour #1
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
- Address: 5235 Cheyenne Rd Indian Hills CO 80454
- City: Indian Hills
- State: CO
- Zip: 80454
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.
©2025 Information and Real Estate Services, LLC (IRES) - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Information and Real Estate Services, LLC (IRES)
Listing # Courtesy of Tammy Drozda of Madison & Company Properties. Last Updated: April 16, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.