Residential Income · Active
Denver, CO 80226
20 Beds · 10 Baths · 7,500 Sq Ft
$1,500,000
Quadruplex
Property Type
1956
Year Built
$200
Price per Sq Ft
6970158
MLS #
About This Property
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation.
With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income.
982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver’s strong market fundamentals.
36 days on market
Listed by Charles Burkhart · Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. · charles.burkhart@marcusmillichap.com,214-336-6064
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Active |
| Price per Sq Ft | $200 |
| Subdivision | Westwood |
| MLS # | 6970158 |
| Days on Market | 36 |
| Bedrooms | 20 |
| Year Built | 1956 |
| HOA | No |
| Annual Taxes | $9,525 |
| State | CO |
| County | Denver |
| Zoning | E-TU-C |
| Heating | Forced Air |
| Cooling | Central Air |
| Roof | Unknown |
| Lot Features | Level |
| Levels | One |
| Construction | Brick |
| Sewer | Public Sewer |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/7/2026 |
Listed for sale Source: REcolorado® #6970158 |
$1,500,000 $200/sqft |
Based on information submitted to the MLS GRID as of November 12, 2026 at 5:47 PM MST. 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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