$950,000

Duplex In Denver

  • 8 Beds
  • 4 Baths
  • 3,400 Sqft
  • 13,300.0 Ac lot
  • Updated: July 29
  • 1
    Views for last 30 days
  • Source:
    IRES MLS  MLS#8926338

About the Property

Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market.

Four separately accessed units (8 beds / 4 baths / 4 kitchens)
Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market.

Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow.

Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth.

Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
  • Property type

    Apartment

  • Year built

    1971

  • Price/sqft

    $279

Features

  • Garage
  • Mountain View
  • Duplex
  • Renovated
  • Washer Dryer

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5355 Quitman St, Denver, Colorado, United States View on Google Maps
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Compass - Denver - Denver

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Compass - Denver - Denver
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Compass - Denver - Denver
Denver, Colorado, United States
View agency profile
Last updated
July 29
First listed
Jul 27
Listing reference
8926338
Listing status
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