Commercial Sale · Active
Denver, CO 80203
$1,725,000
Multi Family
Property Type
0.14 acres
Lot Size
1958
Year Built
3331785
MLS #
About This Property
Seller decided to reduce their asking price by $275,000 after receiving valuable market feedback through multiple offers! That's a -13.8% change in pricing expectations. This new price now matches offers received earlier this year and sales data from 11 years ago. If you've been "waiting for prices to decline," here's your opportunity to dollar cost average your rental portfolio.
During their 17 year ownership, the Seller has consistently invested in the building with high-quality capital improvements.
All of the windows were replaced in 2020 with double-pane glass in bronze exterior frames from Simonton's Maderia line.
The roof was replaced in 2017 with a .60 mil EPDM over a 1/2 inch Carlisle Secure Shield. Why is this important?
Carlisle SecurShield HD (½”): A ½-inch thick, rigid high-density polyisocyanurate (polyiso) foam insulation panel. It is commonly used as a cover board to provide superior puncture and hail resistance while adding an R-value of 2.5.
60-mil EPDM Membrane: A commercial roofing membrane known for exceptional weatherability, elongation, and resistance to ultraviolet radiation and thermal shock.
Attachment Method: The SecurShield HD board is mechanically fastened or adhered to the roof deck. The 60-mil EPDM membrane is subsequently adhered on top.
The boiler system was replaced in 2012 with a Raypak hot-water boiler that feeds baseboards through zone valves to each unit.
In addition to the these three major capital improvements (windows, roof, boiler), the Seller has renovated most of the units during their ownership.
224 days on market
Listed by Kyle Malnati · Kentwood Real Estate DTC, LLC · malnati@kentwood.com
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Active |
| MLS # | 3331785 |
| Days on Market | 224 |
| Year Built | 1958 |
| Lot Size (Sq Ft) | 6,250 |
| Acres | 0.14 |
| Annual Taxes | $15,227 |
| State | CO |
| County | Denver |
| Zoning | G-MU-5 |
| Parking Features | Asphalt |
| Roof | Membrane |
| Architectural Style | Traditional |
| Construction | Brick, Frame |
| Sewer | Public Sewer |
| Water Source | Public |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 3/17/2026 |
Listed for sale Source: REcolorado® #3331785 |
$1,725,000 |
Based on information submitted to the MLS GRID as of October 27, 2026 at 8:05 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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