5235 Cheyenne Rd, Indian Hills, CO 80454
$550,000
Listing courtesy of Madison & Company Properties
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Home 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.
- Interior: Ceiling Fan(s),High Speed Internet,Laminate Counters,No Stairs,Primary Suite
- Appliances: Dishwasher,Dryer,Gas Water Heater,Oven,Range,Refrigerator,Washer
- Flooring: Carpet,Laminate,Wood
- Fireplaces: 1
- Fireplace Features: Living Room,Wood Burning
- # Full Baths: 2
- # Half Baths: 0
- # Three Quarter Baths: 0
- # One Quarter Baths: 0
- Exterior: Dog Run
- Construction Materials: Wood Siding
- Roofing: Composition
- Cooling: None
- Heating: Forced Air,Natural Gas
Available now at $550,000
Approximate Room Sizes / Descriptions
| Kitchen | | Main |
| Dining | | Main |
| Living | | Main |
| Primary Bathroom (Full) | | Main |
| Bathroom (Full) | | Main |
| Laundry | | Main |
| Primary Bedroom | | Main |
| Bedroom | | Main |
- Parking: Driveway-Dirt
- Garage Spaces: 0
- Lot: Foothills,Many Trees,Rolling Slope
- List Status: Active
- : tammy@madisonprops.com,720-308-1652
Neighborhood
The average asking price of a 2 bedroom Indian Hills home in this zip code is
$707,400 (28.6% more than this home).
This home is priced at $449/sqft,
which is 12.3% less than similar homes
in the 80454 zip code.
Potential Great Value
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Similar Properties For Sale
23778 Inca Rd
$1,000,000
MLS# 9263678,
Berkshire Hathaway Homeservice...
School Information
- School District:Jefferson County R-1
- Elementary:Parmalee
- Middle School:West Jefferson
- High School:Conifer
Financial
- Approx Payment:$2,676*
- Taxes:$2,913
Area Stats
These statistics are updated daily from the RE colorado. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(720) 545-5391 and speak with one of our real estate consultants.
Popular Homes
$609,717
$475,000
105
0.0%
56.2%
68
$1,006,716
$719,900
249
0.4%
38.6%
75
$2,412,932
$1,699,000
533
0.2%
30.8%
60
$2,400,000
$2,400,000
1
0.0%
0.0%
23
$4,952,633
$3,597,500
52
0.0%
44.2%
169
$643,282
$544,999
367
1.6%
44.4%
56
$731,603
$650,000
19
5.3%
63.2%
108
$1,059,555
$789,450
670
0.0%
41.9%
63
$1,188,463
$850,000
71
1.4%
42.3%
68
$792,718
$701,830
220
0.5%
41.4%
65
$869,197
$799,900
323
0.0%
33.1%
66
$1,802,115
$1,295,000
185
0.0%
34.6%
65
$684,468
$627,450
88
0.0%
34.1%
43
$605,970
$519,950
108
0.0%
48.1%
124
$1,863,608
$1,875,000
47
0.0%
31.9%
75
$545,887
$538,900
133
0.8%
38.3%
57
$653,317
$677,450
6
0.0%
50.0%
119
$1,487,177
$1,255,000
220
0.9%
34.1%
57
$2,587,142
$2,350,000
48
0.0%
41.7%
56
$877,821
$757,500
31
3.2%
51.6%
84
$912,445
$786,500
20
0.0%
35.0%
109
$612,316
$550,000
6
0.0%
50.0%
54
$1,114,876
$907,490
120
0.0%
35.0%
76
$488,184
$494,450
42
0.0%
50.0%
64
$1,010,283
$699,000
425
0.0%
36.7%
57
$1,309,263
$1,285,000
85
0.0%
37.6%
66
$684,985
$593,945
94
0.0%
34.0%
61
$968,744
$840,895
104
0.0%
38.5%
53
$1,214,133
$955,000
107
0.9%
38.3%
50
$2,836,517
$1,895,000
21
0.0%
38.1%
74
$700,826
$625,000
19
0.0%
42.1%
53
$869,402
$700,000
21
0.0%
52.4%
111
$2,384,786
$1,675,000
29
0.0%
41.4%
85
$425,000
$425,000
1
0.0%
0.0%
93
$573,606
$484,995
52
0.0%
55.8%
110
$1,070,802
$1,050,000
66
0.0%
25.8%
53
$590,321
$541,848
24
0.0%
37.5%
59
Listing Courtesy of Madison & Company Properties.
For information or to schedule a viewing of this property (MLS# 3294743), call: 720-545-5391
5235 Cheyenne Rd, Indian Hills CO is a single family home of 1224 sqft and
is currently priced at $550,000
.
This single family home has 2 bedrooms.
A comparable home for sale at 23778 Inca Rd in Indian Hills is listed at $1,000,000.
In addition to single family homes, Highgarden also makes it easy to find Homes
in Indian Hills, CO.
Alpine Village and Indian Hills are nearby neighborhoods.
MLS 3294743 has been posted on this site since 4/16/2025 (today).