$2,000,000

Estimated payment $14,530/month

Total Views 285
10 Beds
5 Baths
7,845 Sq Ft
$255 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot
  • East High School Rated A

About This Home

See full OM on Loopnet. Welcome to 1721-1725 N High St, a nearly 8,000 SQF mixed-use multifamily and office property in Denver’s highly walkable and historic City Park West neighborhood. 1721-1725 N High St presents a rare investment opportunity in a one-of-a-kind asset, with stable in-place income, limited downside and multiple easily achievable value-add strategies for prospective buyers. Originally constructed in 1894 on a 0.20-acre lot, the building has been updated for both commercial and residential use, with approximately $500K in capital improvements since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, currently achieving $8,500/month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250/month. On top of the office space and 2BR/1BA unit generating $10,700/month, the remaining 4BR/1.5BA unit is owner-occupied and represents the opportunity to add further rental income or reposition the space for resale. For investors, the asset offers flexible exit optionality—whether by executing a lot split, converting units to pure residential, or repositioning for executive commercial offices—all within one of Denver’s most desirable urban neighborhoods. Please Downlaod Offering Memorandum on Loopnet or contact listing broker.

Listing Agent

Erik Carman

Compass - Denver Brokerage Email: erik.carman@compass.com,720-663-8999 License #100067438 Listed on: 08/06/2025

Compass - Denver

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1894

Lot Details

  • 1 Common Wall
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,845 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cole Arts And Science Academy Elementary School
  • Bruce Randolph Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: sellers and tenants personal property
  • Property held in a trust
  • Assessor Parcel Number 2355-18-024

Community Details

Overview

  • No Home Owners Association
  • City Park Subdivision

Building Details

  • Operating Expense $47,358

Property Details

Home Type

Multi-Family

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1894
  • Above Grade Finished Sq Ft: 7845
  • Exclusions: sellers and tenants personal property
  • Living Area: 7845
  • SubdivisionName: City Park
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: erik.carman@compass.com,720-663-8999
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Walls: 1 Common Wall
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 10

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air

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

Fee Information

  • Operating Expense: 47358

Schools

  • Middle Or Junior School: Bruce Randolph

Lot Info

  • Parcel Number: 2355-18-024
  • Building Area Total: 7845
  • Lot Features: Level

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 42962

MLS Schools

  • Elementary School: Cole Arts And Science Academy
  • High School: East

Map

Range of Values:

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Average Value
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $42,962 $542,430 $232,180 $310,250
2023 $42,031 $542,430 $232,180 $310,250
2022 $29,591 $372,100 $300,030 $72,070
2021 $27,765 $372,100 $300,030 $72,070
2020 $27,554 $371,370 $200,040 $171,330
2019 $26,782 $371,370 $200,040 $171,330
2018 $16,508 $213,380 $137,520 $75,860
2017 $16,459 $213,380 $137,520 $75,860
2016 $13,024 $159,710 $106,256 $53,454
2015 $12,478 $159,710 $106,256 $53,454
2014 $11,734 $141,280 $118,784 $22,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $2,000,000 -- $255 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,862,000 None Listed On Document
Warranty Deed $449,000 Stewart Title Of Denver Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,544,000 New Conventional
Previous Owner $1,050,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $480,000 Commercial
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Previous Owner $399,000 Seller Take Back
Source: Public Records

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Source: REcolorado®

MLS Number: 2096717

REcolorado®

APN: 2355-18-024