$1,750,000
$250K PRICE DROP

Estimated payment $10,838/month

Total Views 10,012
10 Beds
5 Baths
8,767 Sq Ft
$200 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 9,000 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 on an 18 month lease at $3750/mo. 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 or contact listing broker. Loopnet:

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

  • 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 $57,936

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: 6550
  • Exclusions: sellers and tenants personal property
  • Living Area: 8767
  • SubdivisionName: City Park
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Walls: 1 Common Wall
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 10
  • Below Grade Sq Ft: 2217

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8

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: 57936

Schools

  • Middle Or Junior School: Bruce Randolph

Lot Info

  • Parcel Number: 2355-18-024
  • Building Area Total: 8767
  • 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

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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 List to Sale Price per Sq Ft
12/02/2025 12/02/25 Price Changed $1,750,000 -5.4% $200 / Sq Ft
12/02/2025 12/02/25 For Sale $1,850,000 0.0% $211 / Sq Ft
11/17/2025 11/17/25 Pending -- -- --
10/29/2025 10/29/25 Price Changed $1,850,000 -7.5% $211 / Sq Ft
08/06/2025 08/06/25 For Sale $2,000,000 -- $228 / 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 $399,000 Seller Take Back
Source: Public Records

Source: REcolorado®

MLS Number: 2096717

REcolorado®

APN: 2355-18-024