Listed By:
NorthPeak Commercial Advisors, LLC;
Address
1147 N Marion Street, Denver, CO
Price
$ 995,000
Property Attributes
  • MLS#5319579
  • TypeCommercial
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • Zip80218
  • Style
  • Year Built1902
  • Taxes$ 5575
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2768
  • Lot Size0.11 Acres
Data Source:
REColorado (MTOMLS)
Property Description

1147 Marion Street presents a well-located, five-unit multifamily opportunity in the Cheesman Park neighborhood of Denver. At only $995,000, this property has been priced to move especially given its already proven stability of income. The property offers a buyer immediate cash flow from a stable in-place tenant base, complemented by near-term upside as select units transition to new leases at current market rates. The property boasts off-street parking as well as an income producing garage that generates highly consistent income regardless of market cycles. Highlights: Well-maintained Victorian charm Garage storage generates reliable additional income Off-street parking available Excellent block in Cheesman Park

Price History
9/21/2026 Listed $995,000

General Features

Sewer Public Sewer
Zoning U-RH-2.5
Year Built 1902
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
Gross Income 89064
County Denver
Operating Expense 25280
Property Type Commercial Sale
Attached Garage No
Status Active
City Denver
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 4687
Tax Annual Amount 5575
Standard Status Active
Cap Rate 6.41

Exterior Features

Total Parking 3
Lot Size Area 4687
Building Area Total 2768
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 Commercial Average in 80218

Price
AVG $2.51M
$1,000K
Taxes
AVG $37,812
$5,575
Year Built
AVG 1946
1902