1721 High St Denver, CO 80218
City Park West NeighborhoodEstimated payment $12,749/month
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
Compass - Denver Brokerage Email: erik.carman@compass.com,720-663-8999 License #100067438 Listed on: 08/06/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,544,000 | New Conventional | |
| Previous Owner | $399,000 | Seller Take Back |
Source: REcolorado®
MLS Number: 2096717
APN: 2355-18-024
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