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
$789,725 (43.6% more than this home).
This home is priced at $449/sqft,
which is 12.5% 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
(303) 921-4595 and speak with one of our real estate consultants.
Popular Homes
$628,016
$489,950
125
1.6%
63.2%
74
$1,076,530
$709,900
245
0.0%
46.1%
83
$2,362,189
$1,695,000
577
0.2%
32.4%
63
$2,250,000
$2,250,000
1
0.0%
100.0%
10
$4,130,766
$2,950,000
65
0.0%
32.3%
135
$641,982
$550,000
407
1.7%
47.2%
58
$713,461
$609,700
20
5.0%
55.0%
103
$1,054,612
$779,500
710
0.0%
49.4%
63
$1,144,435
$895,000
99
1.0%
41.4%
62
$802,951
$703,900
225
0.4%
48.0%
71
$860,769
$800,000
334
0.0%
38.0%
70
$1,695,349
$1,235,000
214
0.0%
39.7%
69
$681,996
$625,000
83
0.0%
45.8%
52
$554,450
$503,900
113
0.0%
47.8%
116
$1,822,835
$1,862,500
54
0.0%
44.4%
75
$545,790
$535,000
133
0.8%
40.6%
65
$719,211
$695,000
9
0.0%
44.4%
104
$1,416,894
$1,227,500
266
0.4%
38.0%
54
$2,571,395
$2,195,000
65
0.0%
40.0%
43
$910,054
$870,000
23
4.3%
52.2%
88
$798,700
$725,000
44
0.0%
34.1%
69
$600,780
$515,000
5
0.0%
60.0%
82
$995,982
$850,000
158
0.0%
33.5%
59
$497,925
$493,900
30
0.0%
50.0%
69
$959,850
$674,500
447
0.0%
41.6%
56
$1,353,685
$1,317,500
104
0.0%
36.5%
63
$671,505
$587,990
93
0.0%
49.5%
72
$958,621
$849,950
130
0.0%
45.4%
57
$1,255,385
$1,028,450
122
0.0%
45.1%
59
$3,103,522
$2,695,000
23
0.0%
39.1%
72
$786,805
$645,000
22
0.0%
54.5%
59
$1,034,026
$700,000
17
0.0%
52.9%
110
$2,025,079
$1,299,000
35
0.0%
37.1%
68
$399,000
$399,000
1
0.0%
100.0%
121
$574,950
$480,000
49
0.0%
44.9%
124
$1,070,884
$1,049,999
77
0.0%
32.5%
61
$556,848
$525,000
31
0.0%
77.4%
58
Listing Courtesy of Madison & Company Properties.
For information or to schedule a viewing of this property (MLS# 3294743), call: 303-921-4595
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).