Commercial Sale · Active
Denver, CO 80220
$2,600,000
Multi Family
Property Type
0.32 acres
Lot Size
1946
Year Built
9343269
MLS #
About This Property
Prime Investment Opportunity With Seller Financing Available: 17-Unit Apartment Complex in Denver with Value-Add
Potential Nestled just steps from Colfax Avenue, Denver's vibrant cultural and commercial corridor, this 17-unit apartment
complex presents an unparalleled opportunity for investors. This property boasts a blend of urban convenience and
untapped potential, making it an ideal choice for those seeking to maximize returns in one of Denver’s most dynamic
neighborhoods. Property Highlights: Unit Mix: A built-for property with a versatile mix of 1-bedroom and 2-bedroom
apartments, catering to a broad tenant base. Location: Situated within walking distance to Colfax Avenue, this property
offers easy access to restaurants, breweries, coffee shops, and boutique retail. The proximity to public transportation and
major thoroughfares ensures strong tenant demand. Upside Potential: While currently stabilized with consistent
occupancy, this property offers significant room for upside potential through strategic upgrades. On-Site Amenities:
Includes dedicated parking, a shared courtyard space, and on-site laundry facilities—features that are highly desirable for
tenants in this area. Value-Add Opportunities: Renovation Potential: Cosmetic updates to kitchens, bathrooms, and flooring
could drive up rental income. Energy Efficiency Upgrades: Implementing energy solutions like LED lighting, low-flow
fixtures, and solar panels could lower operating costs. Reconfiguration Options: Certain units offer the potential for
conversion or reconfiguration to maximize rental income. Neighborhood Features: Colfax Avenue is the heartbeat of
Denver, offering entertainment venues, art galleries, and nightlife. This property’s location also benefits from proximity to
several parks, schools, and employment hubs, ensuring a steady stream of qualified tenants. The area is experiencing
continued growth, with developments and revitalization efforts enhancing its long-term value
116 days on market
Listed by Joseph Prinzi · The Old Country Real Estate Group LLC · joeprinzi@oldcountryre.com,720-939-3600
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Active |
| MLS # | 9343269 |
| Days on Market | 116 |
| Year Built | 1946 |
| Lot Size (Sq Ft) | 14,100 |
| Acres | 0.32 |
| Annual Taxes | $21,528 |
| State | CO |
| County | Denver |
| Zoning | U-TU-C |
| Roof | Rolled/Hot Mop |
| Lot Features | Landscaped, Sprinklers In Front |
| Construction | Brick, Frame |
| Sewer | Public Sewer |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/3/2026 |
Price change Source: REcolorado® #9343269 |
$2,600,000 -16.1% |
| 7/1/2026 |
Listed for sale Source: REcolorado® #9343269 |
$3,100,000 |
Based on information submitted to the MLS GRID as of October 25, 2026 at 2:33 AM 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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