$1,500,000
SOLD APR 16, 2025
8 Beds
9 Baths
4,292 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$349 Per Sq Ft

6% Below List Price

55 Days on Market

Highlights

  • No HOA
  • Heating System Uses Steam
  • Level Lot
  • Morey Middle School Rated A-

About This Home

As of April 2025

Incredible investment opportunity in the heart of Denver! This 9-unit building, located just a 3-minute drive from Cheesman Park, boasts a strong rental history with 8 out of 9 units currently rented on a month-to-month basis. The property includes eight 1-bedroom, 1-bathroom units and one studio, all of which are highly sought after in this desirable location.

A bonus feature is the 3-car garage in the rear of the property, which has been converted into storage units, offering additional income potential. The units rent exceptionally well, making this property a reliable income generator with incredible possibilities for future development.

Please note: Do not disturb tenants. For more information or to schedule a viewing, please contact the listing agent directly.

Don't miss your chance to own this versatile and promising property in a prime Denver location!

There will not be a SPD as the seller has never lived in the property.

Last Agent to Sell the Property

Jorge Chavez

Remax inMotion Brokerage Email: hello@inmotionre.com,303-763-0876 License #100032662 Listed on: 01/09/2025

Co-Listed By

Eny Montoya

Remax inMotion Brokerage Email: hello@inmotionre.com,303-763-0876 License #100099162

Last Buyer's Agent

Kevin Woolsey

MMGREA LLC License #100079114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,957

Year Built

  • Built in 1940

Lot Details

  • 6,250 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • 4,292 Sq Ft Home
  • Bi-Level Home
  • Quadruplex
  • Brick Exterior Construction
  • Concrete Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Heating System Uses Steam

Community Details

  • No Home Owners Association
  • Cheesman Park Subdivision

Listing and Financial Details

  • Exclusions: Seller's and tenant's personal property
  • Assessor Parcel Number 5022-17-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,957

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Split Entry (Bi-Level)
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 4292
  • Exclusions: Seller's and tenant's personal property
  • Living Area: 4292
  • SubdivisionName: Cheesman Park
  • Co List Office Mls Id: RECM3242
  • Co List Office Phone: 720-330-4004
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.93750
  • Attribution Contact: hello@inmotionre.com,303-763-0876
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Concrete
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5022-17-003
  • Lot Size Acres: 0.14
  • Building Area Total: 4292
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10957

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $1,500,000 -6.3% $349 / Sq Ft
01/09/2025 01/09/25 For Sale $1,600,000 -- $373 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2985794

REcolorado®