$1,750,000

236 S Clarkson St Denver, CO 80209

Speer Neighborhood

Estimated payment $10,217/month

Total Views 10,446
10 Beds
5 Baths
4,140 Sq Ft
$423 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • Private Yard
  • Covered Patio or Porch
  • Steele Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

Meticulously maintained high-upside cash-flowing investment opportunity! This value-add fourplex is a truly irreplaceable property in the heart of Washington Park, one of Denver’s most coveted neighborhoods. Property features an ideal unit mix: three 2-bedroom/1-bath units and one expansive 4-bedroom/2-bath unit. All of the units are currently on month-to-month leases. Each unit is thoughtfully appointed with hardwood floors, updated bathrooms, both front and rear entrances, and designated yard space. Additional highlights include seven off-street parking spaces (four of which are covered) enhancing tenant convenience and property value. This versatile property appeals to a variety of investment strategies: LONG-TERM HOLED: A compelling buy-and-hold opportunity in one of Denver’s premier areas, with added upside if the basement beneath the rear 2-bedroom unit can be converted to livable space. OWNER-OCCUPANT: Perfect for buyers seeking to live in one unit while generating income from the others. DEVELOPMENT-POTENTIAL: Situated on a generous 12,700 sq ft lot, the site offers excellent possibilities for redevelopment. Whether you’re an investor, developer, or owner-occupant, this unique property offers flexibility, income potential, and an unmatched location.
SOLD AS SEPARATE UNITS: This property includes party walls, making it an exceptional opportunity for investors. With the existing structure, it can be re-zoned into four separate units—each eligible to be sold individually. The neighborhood's proximity to downtown Denver, recreational spaces, and cultural attractions make it attractive to a diverse tenant base, including professionals, families, and students. Washington Park is among Denver's most sought-after neighborhoods. It offers a blend of historic charm and modern amenities, featuring tree-lined streets, Craftsman-style homes, and access to the expansive 165-acre Washington Park and is known for its vibrant community!

Listing Agent

David Cohen

Alpha Real Estate Associates LLC Brokerage Email: davidraycohen@gmail.com,303-526-8720 License #100076776 Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,593

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • West Facing Home
  • Level Lot
  • Private Yard
  • Garden

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,140 Sq Ft Home
  • 1-Story Property
  • Attic Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces

Outdoor Features

  • Covered Patio or Porch

Schools

  • Steele Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Property held in a trust
  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 5114-17-005

Community Details

Overview

  • No Home Owners Association
  • Shackelton Place Subdivision

Building Details

  • Operating Expense $16,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,593

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 4140
  • Exclusions: Personal Property
  • Living Area: 4140
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Shackelton Place
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: davidraycohen@gmail.com,303-526-8720
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 10

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • Construction Materials: Brick
  • Exterior Features: Garden, Private Yard
  • Patio and Porch Features: Covered, Patio

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 7
  • Total Parking Spaces: 7
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Attic Fan
  • Heating: Forced Air, 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

Fee Information

  • Operating Expense: 16681

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5114-17-005
  • Lot Size Acres: 0.29
  • Building Area Total: 4140
  • Lot Features: Level
  • Lot Size Sq Ft: 12632.4

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes
  • Tenant Pays: Cable TV

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11593

MLS Schools

  • Elementary School: Steele
  • High School: South

Map

Range of Values:

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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
05/23/2025 05/23/25 For Sale $1,750,000 -- $423 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 8331390

REcolorado®

APN: 05114-17-005-000