$1,595,000
$104K PRICE DROP

3401 W Milan Ave Denver, CO 80236

Estimated payment $8,971/month

Total Views 7,788
12 Beds
11 Baths
8,148 Sq Ft
$196 Price per Sq Ft

Highlights

  • Deck
  • Granite Countertops
  • Walk-In Closet
  • Corner Lot
  • No HOA
  • 2-minute walk to Sheridan Square Park

About This Home

Over $130k in recent improvements. Fully leased and ready to cashflow! Rare opportunity to own a fully renovated side-by-side townhome-style quadplex—a truly unique layout that lives like individual homes. This turnkey investment was completely overhauled in 2023 with high-end finishes and major systems replaced, making it ideal for investors or owner-occupants looking for a hassle-free, cash-flowing property. The building consists of three spacious 3-bedroom, 2.5-bath units and one 3-bedroom, 1.5-bath unit that is roughed-in and ready to be finished as a full 2.5-bath unit, maximizing rental potential.

Inside, each unit features luxury vinyl plank flooring, all new lighting, new interior doors and hardware, new windows, modern bathrooms with tiled tub surrounds and sleek vanities, and beautifully renovated kitchens with stainless steel appliances, granite countertops, and tiled backsplashes. Tenants enjoy in-unit washer and dryers, individual storage space in the basement, and private, home-like living.

Most major systems were upgraded, including new electric panels, HVAC systems, several new water heaters, and several new furnaces. The exterior has also been fully transformed with a new roof, fresh paint, new steel exterior doors, updated exterior lighting, new privacy fencing, a new retaining wall, and foam-leveled sidewalks for long-term durability and curb appeal.

Rent all four units as-is for immediate income, house-hack one unit while the others cover your mortgage, or explore subdividing the units and selling them individually as townhomes. With everything already done, this one-of-a-kind property offers endless upside and minimal effort—just close and cash flow. Do not disturb tenants. See supplements section for T12 Income Statement and Rent Roll. Photos are representative of the current condition of the units.

Listing Agent

Scott Rosengrants

Keller Williams Realty Downtown LLC Brokerage Email: scott@bringhomedenver.com,970-412-7863 License #100065298 Listed on: 05/12/2025

Keller Williams Realty Downtown LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,580

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Walk-In Closet
  • 11 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Paved Parking

Schools

  • Sheridan Elementary And Middle School
  • Sheridan High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Deck

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • The owner pays for exterior maintenance, trash collection, water
  • Assessor Parcel Number 032471638

Community Details

Overview

  • No Home Owners Association
  • Sheridan Subdivision

Building Details

  • Operating Expense $9,694

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,580

Year Built

Built in 1982 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 5442
  • Exclusions: Tenants' personal property
  • Living Area: 8148
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Sheridan
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • Attribution Contact: scott@bringhomedenver.com,970-412-7863
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
  • Flooring: Vinyl
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 12
  • Below Grade Sq Ft: 2706

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Patio and Porch Features: Deck

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 10
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Basement, In Unit

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
  • REC_MultipleAssociationsYN: 0

Fee Information

  • Operating Expense: 9694

Schools

  • Middle Or Junior School: Sheridan

Lot Info

  • Parcel Number: 032471638
  • Lot Size Acres: 0.28
  • Building Area Total: 8148
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11979

Green Features

  • Green Energy Efficient: HVAC

Rental Info

  • Owner Pays: Exterior Maintenance, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6580

MLS Schools

  • Elementary School: Sheridan
  • High School: Sheridan

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 Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $1,595,000 -0.3% $196 / Sq Ft
08/12/2025 08/12/25 Price Changed $1,599,000 -1.0% $196 / Sq Ft
07/29/2025 07/29/25 Price Changed $1,615,000 -0.6% $198 / Sq Ft
07/08/2025 07/08/25 Price Changed $1,625,000 -1.5% $199 / Sq Ft
06/23/2025 06/23/25 Price Changed $1,650,000 -2.9% $203 / Sq Ft
05/12/2025 05/12/25 For Sale $1,699,000 -- $209 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 2059441

REcolorado®

APN: 2077-05-2-30-003