2590 Gray ST Edgewater, CO 80214 Price Dropped by $25K

UPDATED: 02/23/2026 03:44 PM ON MARKET: 131 days on market

$500,000

4 Beds3 Baths1,444 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,444 sqft

Price per Sqft $346

Subdivision Edgewater

MLS Listing ID 8977742

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,444

Year Built 1932

Annual Tax Amount $3,341

Tax Year 2024

Lot Size 6,621 Sqft

Acres 0.15

Property Sub-Type Duplex

Source recolorado

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.