Denver CO Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
2,566
Status:
Active
Beds:
5
Lot size:
0.22 Acres
Year built:
1894
Baths:
3.00
MLS#:
7233580
Subdivision:
Globeville

ADDITIONAL INFORMATION

Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market. With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.

Type:
Duplex
Sq.Ft.:
1,242
Status:
Active
Beds:
3
Year built:
1896
Baths:
1.00
MLS#:
4600042
Subdivision:
Globeville

ADDITIONAL INFORMATION

Discover Your Perfect Investment or Home in Globeville Welcome to a unique opportunity in Denver’s desirable Globeville neighborhood! This beautifully renovated property features a licensed main home and an ADU (Accessory Dwelling Unit), both approved rental units by the City of Denver. Whether you’re seeking a smart investment or a versatile living arrangement, this property has it all. Main Features Two Income-Generating Units: Main House (Upper Level): Recently vacant, previously rented for $2,100/month. ADU (Lower Level): Separate entrance, currently rented for $1,250/month through April 2025. Offers flexibility to use as a rental or connect through interior stairs for personal use as a basement. Must see this private backyard that backs to open space. Enjoy breathtaking city views from the expansive newer deck, perfect for entertaining or relaxing. A second backyard with an oversized flagstone patio provides additional outdoor space to unwind. Unparalleled privacy with no backyard neighbors thanks to the adjacent open space of Argo Park. Modern Updates: The main kitchen boasts newer stainless steel appliances and quartz countertops. The ADU features a remodeled 3/4 bathroom, butcher block countertops, and newer appliances. Upgraded systems include a new furnace, water heater, and electrical panel for peace of mind. Prime Location: Situated alongside the trails and green space of Argo Park, this property offers easy access to recreation and tranquility just steps from your door. It’s only a short walk to Globeville’s vibrant amenities while still feeling like a private retreat. Ideal for investors: Generate immediate rental income. Perfect for homeowners: Live in one unit and offset your mortgage with rental income from the other. Don't miss out on this rare chance to own a versatile property in a prime Denver location. Schedule a viewing today!

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Denver Real Estate

The median home value in Denver, CO is $576,000. This is higher than the county median home value of $531,900. The national median home value is $338,100. The average price of homes sold in Denver, CO is $576,000. Approximately 46.44% of Denver homes are owned, compared to 47.24% rented, while 6.33% are vacant. Denver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Denver real estate agent to arrange a tour today!

Denver, Colorado 80216 has a population of 706,799. Denver 80216 is less family-centric than the surrounding county with 28.55% of the households containing married families with children. The county average for households married with children is 32.72%.

The median household income in Denver, Colorado 80216 is $78,177. The median household income for the surrounding county is $78,177 compared to the national median of $69,021. The median age of people living in Denver 80216 is 34.8 years.

Denver Weather

The average high temperature in July is 88.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 16.7 inches per year, with 60.2 inches of snow per year.

Denver Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    56
    30-day change

Denver Schools and Demographics

Education near Denver, CO

Metric City County
High School Graduates 90.03 90.03
College Degree - 2 year 5.56 5.56
College Degree - 4 year 52.53 52.53
Graduate Degree 13.94 13.94
Expenditures per Student 16,503 16,503
Students per Teacher 14.9 14.9

Elementary Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Cole Arts and Science Academy PK - 05 536 14.8 80205
Federal Heights Elementary School KG - 05 608 18.1 80221
Garden Place Elementary School PK - 05 412 16.3 80216
Josephine Hodgkins Elementary School PK - 05 645 18.4 80221
North Star Elementary School KG - 05 470 17 80221
Pioneer Charter School PK - 08 469 11.8 80205
Swansea Elementary School PK - 05 593 16.3 80216
Swigert International School PK - 05 658 17.8 80207
Valley View K-8 KG - 08 485 20.2 80221
Wyatt Academy KG - 08 569 13.8 80205

Middle Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Denver Public Montessori Junior/Senior High School 06 - 08 78 13.6 80205
DSST: Cole Middle School 06 - 08 410 6.7 80205
IVER C. Ranum Middle School 06 - 08 762 18.2 80221
M. Scott Carpenter Middle School 06 - 08 585 18.5 80221
McAuliffe International School 06 - 08 722 15.8 80207
Smiley Middle School 07 - 08 206 10.8 80207

High Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Manual High School 09 - 12 284 10.1 80205
Mapleton Expeditionary School of the Arts 07 - 12 583 18.4 80299
Northglenn High School 09 - 12 1,875 20.4 80221
Venture Prep. High School 09 - 12 284 25.2 80207

Ungraded Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Bruce Randolph School 06 - 12 850 12.8 80205
DSST: Cole High School 09 - 09 142 10.9 80205
Gilliam School 05 - 12 22 0.2 80205
Global Leadership Academy PK - 12 592 17.9 80221
P.R.E.P. (Positive Refocus Education Program) 06 - 12 165 8.7 80205
Venture Prep Middle School 08 - 08 36 13.3 80207

Demographics near Denver, CO 80216

Metric Zip Code City
Neighborhood Type Suburban
Population 706,799 706,799
Population Density 4,611 4,611
Median Age 34.8 34.8
People per Household 2.2 2.2
Median Household Income 78,177 78,177
Average Income per Capita 50,642 50,642