One of Denver’s most diverse neighborhoods, historic Five Points appeals to younger professionals who want a cool, walkable neighborhood with no shortage of bars and restaurants. The area got its name from the streetcar stop where 26th Avenue and Washington, Welton, and 27th streets meet.

Five Points is rich in history, particularly musical history. In fact, it used to be known as the “Harlem of the West” as jazz legends like Louis Armstrong, Billie Holiday, and Miles Davis all performed at clubs like the Rossonian and the Rainbow Room.

Today, coffeehouses, craft breweries, and museums fill Five Points. And the energetic neighborhood is on the brink of seeing more development. However, new development makes some people wary that gentrification could push out some longtime residents. Unfortunately, it’s a definite possibility as Five Points experiences skyrocketing property values like the rest of the Denver metro.

There are currently plans for two condo projects that will transform former parking lots. One is a five-story, 94-unit complex at 2137 Glenarm Place being developed by Storybuilt. Additionally, through a partnership with Denver’s Department of Housing Stability, the Regional Transportation District plans to redevelop a parking lot near its 29th and Welton station zoned for a five-story building into a condo building. At least 25 percent of these planned units will be income-restricted, making them available to people making up to 80 percent of the area median income.

What’s available in Five Points?
This area offers a mix of single-family homes, townhomes, and condos. Most homes are from the late 1800s to the early 1900s and have been updated. The average price for a single-family home is $799,000, up from $663,000 in 2020. The average price for multi-family properties like condos and townhomes is $566,837, up from $463,250.

If you’re ready to check out what this vibrant area has to offer, contact Metrowest today – we’d love to show you around!