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2590 Gray St, Edgewater, CO 80214

$500,000
: 4
BD
: 3
BA
: 1,444
SqFt

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Sold Price: $500,000
List Price: $500,000
Closing Date: Apr 16, 2026
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 8977742
Bedrooms: 4
Bathrooms: 3
Sqft Total: 1,444
Year Built: 1932

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Property Description

Price Reduced! An exceptional investment or owner-occupant opportunity in the heart of Edgewater — near Sloan’s Lake, Edgewater Marketplace, and just steps from the city’s vibrant Main Street lined with local favorites like Edgewater Beer Garden, Edgewater Inn, and Suzette Bakery & Cafe. 7+% Cap Rate This unique property features two separate homes on one 6,621 sq. ft. lot, offering versatile income potential and future development possibilities. Zoned R-PD (Residential Planned Development), this lot allows for multi-family construction, making it ideal for investors, builders, or house hackers looking to generate rental income while planning their next project. Property Highlights Two detached homes — separately metered for utilities. Front home: 2 bedrooms, 2 bathrooms, small yard, off-street parking. Rear home: 2 bedrooms, 1 bathroom, small yard. Both homes currently vacant — perfect for owner-occupant, new tenants, or redevelopment. Homes are clean and rentable as-is. Walk to Edgewater’s charming downtown, local bakery, brewery, and restaurants. Enjoy convenient access to Denver, Highlands, Sloan’s Lake, Edgewater Marketplace, and the foothills — all within minutes.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.15
Lot Size Sq Ft: 6,621
Tax Amount: $3,341
Water Source: Private Well
Sewer: Public Sewer
Heating: Forced Air
Cooling: None
School District: Jefferson County R-1
Elementary School: Edgewater
Middle Or Junior School: Jefferson
High School: Jefferson