Discover an exceptional investment opportunity in Conifer. This unique property boasts two private residences and a dedicated storage unit, creating immediate and diverse income streams. The main house has an estimated rental potential of $2,400/month while the remodeled guest house (with ADU potential) has an estimated rental potential of $1,200/month. The dedicated storage unit has an estimated rental potential of $400/month based on current market rates in the Conifer area. Significant seller investments, including new double paned windows throughout, a permanent front deck cover, full sprinkler system, and the guest house remodel, ensure low immediate capital expenditures for the new owner. More than just a home, this is a versatile, income-producing mountain oasis, offering a compelling path to significant cash flow and long-term appreciation in Colorado's thriving real estate market. Nestled amidst an expansive established garden and large, beautiful trees, this property offers the best of Colorado mountain living, major shopping centers, diverse restaurants, and abundant recreational opportunities. This desirable balance ensures consistent tenant demand for all three units. This is more than just a home; it's a strategically positioned investment asset.
Accepting backups
$550,000
10990 Oehlman Avenue, Conifer, CO 80433
2beds
2baths
1,599sqft
Est.:
Triplex
Built in 1956
-- sqft lot
$-- Zestimate®
$344/sqft
$-- HOA
What's special
Large beautiful treesEstablished gardenFull sprinkler systemPermanent front deck coverNew double paned windows
- 28 days
- on Zillow |
- 1,476 |
- 156 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 06:29pm
Listed by:
Josh Steck 303-885-3934,
Compass - Denver,
Nicholas Melzer 720-725-1235,
Compass - Denver
Source: REcolorado,MLS#: 8619924

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Washer
Features
- Eat-in Kitchen, Smoke Free
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 1,599
- Total interior livable area: 1,599 sqft
- Finished area above ground: 1,599
Property
Parking
- Total spaces: 7
- Parking features: Carport
- Carport spaces: 1
- Details: Off Street Spaces: 6
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Garden, Lighting, Private Yard, Rain Gutters
- Fencing: Full
Lot
- Size: 0.58 Acres
- Features: Fire Mitigation, Foothills, Landscaped, Level, Mountainous, Secluded, Sprinklers In Front, Sprinklers In Rear
Details
- Parcel number: 034822
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subtype: Triplex
Materials
- Block, Cedar, Frame, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1956
Utilities & green energy
- Water: Well
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Oehlmann Park
HOA
- Has HOA: No
Location
- Region: Conifer
Financial & listing details
- Price per square foot: $344/sqft
- Annual tax amount: $1,983
- Date on market: 7/10/2025
- Listing terms: 1031 Exchange,Cash,Conventional,Other
- Exclusions: Seller's Personal Property
- Ownership: Individual
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