477 Pennsylvania St Denver, CO 80203
Alamo Placita NeighborhoodEstimated payment $3,897/month
Highlights
- The property is located in a historic district
- Deck
- Corner Lot
- Morey Middle School Rated A
- Wood Flooring
- 5-minute walk to Governor's Park
About This Home
477 Pennsylvania St. offers an exceptional value-add opportunity in the heart of Denver’s Alamo Placita Historic District. Priced to sell, this charming 4-unit building consists of three 1-bedroom apartments and one studio. Each residence offers comfortable layouts with strong rental demand driven by the property’s central location near Broadway, Speer, Downtown and Cherry Creek. Well-maintained under the same ownership since 1996, the property presents clear upside for a new owner to add value through upgrades to the apartments or a complete reconfiguration of the building. Surrounded by historic homes on a quiet block, it’s priced accordingly for those seeking either a stable 4-unit investment or the opportunity to reimagine it as a signature single-family residence.
Listing Agent
NorthPeak Commercial Advisors, LLC Brokerage Email: austin@northpeakcre.com License #100097291 Listed on: 10/15/2025
Co-Listing Agent
NorthPeak Commercial Advisors, LLC Brokerage Email: austin@northpeakcre.com License #100022346
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,206
Year Built
- Built in 1906
Lot Details
- 3,000 Sq Ft Lot
- East Facing Home
- Property is Fully Fenced
- Corner Lot
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Studio bedroom
- 4 Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
Location
- The property is located in a historic district
Schools
- Dora Moore Elementary And Middle School
- West High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 0511311023000
Community Details
Overview
- No Home Owners Association
- Speer Subdivision
Building Details
- Operating Expense $15,573
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 | $4,206 | $53,100 | $7,120 | $45,980 |
| 2023 | $4,115 | $53,100 | $7,120 | $45,980 |
| 2022 | $3,824 | $48,080 | $10,960 | $37,120 |
| 2021 | $3,773 | $50,560 | $11,530 | $39,030 |
| 2020 | $3,638 | $49,030 | $10,480 | $38,550 |
| 2019 | $3,536 | $49,030 | $10,480 | $38,550 |
| 2018 | $2,600 | $33,610 | $9,500 | $24,110 |
| 2017 | $2,592 | $33,610 | $9,500 | $24,110 |
| 2016 | $2,551 | $31,280 | $9,910 | $21,370 |
| 2015 | $2,444 | $31,280 | $9,910 | $21,370 |
| 2014 | $1,968 | $23,700 | $6,304 | $17,396 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Pending | -- | -- | -- |
| 10/28/2025 10/28/25 | Price Changed | $675,000 | -12.9% | $298 / Sq Ft |
| 10/15/2025 10/15/25 | For Sale | $775,000 | -- | $343 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $105,000 | -- | |
| Quit Claim Deed | -- | Commonwealth Land Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $145,000 | No Value Available | |
| Previous Owner | $97,000 | Seller Take Back | |
| Previous Owner | $47,000 | No Value Available |
Source: REcolorado®
MLS Number: 4179093
APN: 5113-11-023
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