Address
1000 N Tennyson Street, Denver, CO
Price
$ 799,000
Property Attributes
- MLS#2777251
- TypeMulti-Family
- Listing Status Active
- CountyDENVER
- CityDenver
- NeighborhoodVilla Park
- Zip80204
- StyleTriplex
- Year Built1943
- Taxes$ 3729
- Price$ 799,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2984
- Lot Size0.29 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Priced reduced again to attract strong interest! This is now priced below market for a quick sale! Seller is open to reviewing all offers. Triplex and Covered Land Play with Strong In-Place Income on a Rare 12,500 SF Double Lot. 1000 Tennyson St is a 3-unit situated on an oversized 12,500 SF double lot in one of Denver’s rapidly evolving urban corridors. This asset offers investors a compelling combination of stable cash flow today and significant future development upside. The property consists of three updated residential units plus a detached garage, generating $75,180 in annual gross income and $65,003 in NOI, equating to a 8.14% cap rate at the list price. All units have been updated over the ownership, providing immediate operational stability with minimal near-term capital requirements. Beyond the high cap rate/cash flowing income, the true value lies in the land. The oversized double lot creates a clear and executable path for redevelopment. By right, an investor can split the lot and construct two duplexes (4 total units) without rezoning. For those seeking higher density, the City has indicated the potential to develop up to 20 units with a successful rezoning, making this a prime long-term hold or redevelopment opportunity. Whether you’re an investor looking to land bank with strong yield, or a developer seeking a scalable infill project in a high-demand Denver location, 1000 Tennyson delivers flexibility, income, and upside.
| Elementary School | Middle School | High School |
|---|---|---|
| Cowell Elementary School | Lake Middle School | North High School |
| Price History | |
|---|---|
| 3/27/2026 | Listed $900,000 |
| 4/17/2026 | 6$849,000 |
| 5/21/2026 | 6$799,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Evaporative Cooling |
| Utilities | Electricity Connected,Internet Access (Wired),Natural Gas Connected |
| Roof | Composition |
| Zoning | E-TU-C |
| Garage Spaces | 2 |
| Construction Materials | Frame |
| Exclusions | Tenants posessions |
| Year Built | 1943 |
| Levels | Multi/Split |
| Property Subtype | Triplex |
| Tax Year | 2024 |
| Ownership | Corporation/Trust |
| Gross Income | 72180 |
| OwnerPays | Electricity,Gas,Insurance,Taxes,Trash Collection,Water |
| County | Denver |
| Operating Expense | 10177 |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Villa Park |
| Status | Active |
| High School | North |
| City | Denver |
| Senior Community Y/N | No |
| High School District | Denver 1 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 12500 |
| Listing Terms | 1031 Exchange,Cash,Conventional,Farm Service Agency,FHA,Other,USDA Loan,VA Loan |
| Elementary School | Cowell |
| Tax Annual Amount | 3729 |
| Middle/Junior High School | Lake |
| Ok to Lease | Other |
| Structure Type | Triplex |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Denver 1 |
| Elementary School District | Denver 1 |
| Cap Rate | 8.14 |
Interior Features
| Basement | Finished |
|---|---|
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 1067 |
| Total Bedrooms | 6 |
| Below Grade Finished Area | 1053 |
| Total Baths | 3 |
Exterior Features
| Lot Features | Corner Lot,Level |
|---|---|
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 12500 |
| Building Area Total | 2984 |
| Lot Size Acres | 0.29 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80204
Price
Taxes
Year Built
Visits
