345 S Utica St Denver, CO 80219
Westwood NeighborhoodEstimated payment $4,812/month
Highlights
- Property is near public transit
- No HOA
- 1-Story Property
- Granite Countertops
- Tile Flooring
- Forced Air Heating System
About This Home
Exceptional investment opportunity in a prime Denver location just minutes from Belmar and convenient public transportation. This solid brick triplex features three open-floor plan 3-bedroom, 1-bath units, a highly desirable unit mix that supports strong rental demand. Unit 345 is currently rented and tenant is on a month-to-month lease. Each unit offers a functional layout, in-unit washer and dryer, and a dedicated off-street parking space, providing added convenience for tenants. Two of the three units have been updated with granite countertops and durable LVP flooring, allowing for higher rental income, while the third unit presents additional value-add potential. Recent capital improvements include a partial replacement of the main sewer line within the last five years, offering peace of mind for future ownership. The property’s classic brick construction adds to its long-term durability and low-maintenance appeal. Additional upside includes the potential to party wall the units and zoning that allows for additional unit development, creating multiple pathways to increase value and maximize returns. Ideally suited for investors, house hackers, or 1031 exchange buyers, this property offers flexibility and upside in a desirable location near shopping, dining, and transit. Live in one unit and offset your mortgage with rental income, or maximize returns by leasing all three units.
Listing Agent
West and Main Homes Inc Brokerage Email: alec@westdenveragent.com,303-709-4908 License #100074097 Listed on: 04/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,662
Year Built
- Built in 1942
Lot Details
- 12,500 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 3 Parking Spaces
Home Design
- Triplex
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2,376 Sq Ft Home
- 1-Story Property
- Basement
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Location
- Property is near public transit
Schools
- Knapp Elementary School
- Kepner Middle School
- West High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Exclusions: Tenant personal property
- Property held in a trust
- The owner pays for gas, trash collection, water
- Assessor Parcel Number 5182-02-014
Community Details
Overview
- No Home Owners Association
- Irving Park Subdivision
Building Details
- Operating Expense $15,625
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 |
|---|---|---|---|---|
| 2025 | $3,662 | $46,160 | $15,000 | $15,000 |
| 2024 | $3,662 | $46,240 | $10,570 | $35,670 |
| 2023 | $3,583 | $46,240 | $10,570 | $35,670 |
| 2022 | $3,262 | $41,020 | $13,750 | $27,270 |
| 2021 | $3,218 | $43,130 | $14,460 | $28,670 |
| 2020 | $2,647 | $35,670 | $9,130 | $26,540 |
| 2019 | $2,572 | $35,670 | $9,130 | $26,540 |
| 2018 | $2,095 | $27,080 | $9,190 | $17,890 |
| 2017 | $2,089 | $27,080 | $9,190 | $17,890 |
| 2016 | $2,094 | $25,680 | $8,469 | $17,211 |
| 2015 | $2,006 | $25,680 | $8,469 | $17,211 |
| 2014 | $1,318 | $15,870 | $4,235 | $11,635 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | For Sale | $850,000 | -- | $358 / Sq Ft |
Source: REcolorado®
MLS Number: 3457455
APN: 05182-02-014-000
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Ask me questions while you tour the home.