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.
1,224 Sq Ft
0.25 Private Acres Exterior Space
Single Family Home
$2,913 Annual Tax
Built in 1948
MLS/Listing ID 3294743
Unfurnished
Composition
Front Porch
Lot - Rolling Slope
High Speed Internet
Range
Oven
Gas Water Heater
Dryer
Dishwasher
Ceiling Fans
Heating - Natural Gas
Heating - Forced Air
Natural Wood
Laminate
Carpet
Wood Burning Fireplace
Living Room Fireplace
Partial
Dog Run
Construction - Wood Siding
Washer
Refrigerator
Listing Courtesy of MADISON & COMPANY PROPERTIES, TAMMY DROZDA - 720-308-1652
Source of Data: RECOLORADO