$975,000

Residential In Denver

  • 8 Beds
  • 8 Baths
  • 5,043 Sqft
  • 8,029.0 Ac lot
  • Updated: June 30
  • Source:
    IRES MLS  MLS#9735734

About the Property

Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances.
Three units are currently occupied (all June 1st expirations), providing a new owner to renew curre
Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances.
Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances - ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition.
The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property’s appeal and reduce near-term capital needs.
Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.
  • Property type

    House

  • Year built

    1979

  • Price/sqft

    $193

Features

  • Investment Property
  • Renovated
  • Parking

Explore the Area

1015 S Eliot St 1-4, Denver, Colorado, United States View on Google Maps
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eXp Realty, LLC - Englewood

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eXp Realty, LLC - Englewood
Colorado, United States
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92
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2026
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eXp Realty, LLC - Englewood
Englewood, Colorado, United States
View agency profile
Last updated
June 30
First listed
Jun 15
Listing reference
9735734
Listing status
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