Listed By:
Cross Street Colorado LLC;
Address
1243 N Marion Street, Denver, CO
Price
$ 1,099,000
Property Attributes
  • MLS#4603327
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodCheesman Park
  • Zip80218
  • StyleTriplex
  • Year Built1908
  • Taxes$ 6724
  • Price$ 1,099,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3066
  • Lot Size0.11 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Co-buying opportunity blocks from Cheesman Park. A 1908-era triplex built for shared ownership—whether you're buying with family, friends, or partners and splitting the building. Car-free living with a Walk Score of 92, Bike Score of 97. Step outside to Thump Coffee, Whole Foods, King Soopers, and Safeway. Cheesman Park, neighborhood bars, and restaurants are minutes away. Leave the car parked—or skip it entirely. Parking: three off-street spaces, a two-car garage plus one uncovered spot. Rare in this neighborhood. 2024 capital improvements: new roof on main house and garage, sewer line repair, chimney rebuilt, partial deck board rebuild and replacement. Landscaping ($12,500, 2024–2025): new retaining wall, garden bed installation, fresh backyard grass, and tile walkway. The garden has been fully planted for the year—the buyer just needs to water and harvest. 1241 unit remodel ($45,000): full interior refresh including paint, fixtures, wallpaper, complete bathroom remodel, and mini-split AC installation. 1243 unit: new paint and refinished tub. Smooth transition—currently owner-occupied by family (brothers and sisters). We're ready to make this easy: flexible lease terms and a clean takeover for the right buyers.

Elementary School Middle School High School
Dora Moore Elementary School Morey Middle School East High School
Price History
6/3/2026 Listed $1,125,000
7/1/2026 3$1,099,000

General Features

Sewer Public Sewer
Heating Heat Pump,Hot Water
Cooling Air Conditioning-Room,Other
Utilities Electricity Connected,Natural Gas Connected
Roof Shingle
Appliances Convection Oven,Dishwasher,Disposal,Dryer,Freezer,Gas Water Heater,Microwave,Oven,Range,Range Hood,Refrigerator,Washer
Zoning G-MU-3
Garage Spaces 2
Patio/Porch Features Covered,Deck,Front Porch,Patio
Security Features Smoke Detector(s)
Construction Materials Brick
Exclusions None
Year Built 1908
Tenant Pays Electricity,Gas,Grounds Care,Internet
Levels Two
Property Subtype Triplex
Tax Year 2024
Ownership Agent Owner
Gross Income 73800
OwnerPays Insurance,Taxes,Trash Collection,Water
County Denver
Operating Expense 10352
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Cheesman Park
Status Active
High School East
City Denver
Senior Community Y/N No
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 4687
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Elementary School Dora Moore
Tax Annual Amount 6724
Middle/Junior High School Morey
Property Condition Updated/Remodeled
Structure Type Triplex
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Denver 1
Elementary School District Denver 1
Cap Rate 5.64

Interior Features

Interior Amenities Breakfast Bar,Built-in Features,Eat-in Kitchen,Entrance Foyer,High Ceilings,Quartz Counters
Basement Finished,Full,Interior Entry
Flooring Carpet,Wood
Basement (Y/N) Yes
Above Grade Finished Area 2044
Laundry Features In Basement
Total Bedrooms 6
Below Grade Finished Area 922
Total Baths 3

Exterior Features

Exterior Amenities Balcony,Garden,Gas Grill,Lighting,Private Yard,Rain Gutters
Parking Features Concrete
Lot Features Level
Water Source Public
Total Parking 3
Lot Size Area 4687
Building Area Total 3066
Lot Size Acres 0.11

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 80218

Price
AVG $1.12M
$1.1M
Taxes
AVG $5,471
$6,724
Year Built
AVG 1904
1908
Visits
AVG 137
249
Data Provided by Inside Real Estate®