Listed By:
Brockman Group LLC;
Address
1483 N Detriot Street # 1-4, Denver, CO
Price
$ 1,250,000
Property Attributes
  • MLS#5844731
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodCongress Park
  • Zip80206
  • StyleDenver Square
  • Year Built1896
  • Taxes$ 5984
  • Price$ 1,250,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3689
  • Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Rare opportunity to acquire a fully renovated four-unit property in one of Denver’s most desirable central neighborhoods. Following a small fire that occurred prior to the current owner’s purchase, the property underwent a comprehensive, fully permitted renovation. Virtually everything is new, while the character of the original brick walls has been preserved. Improvements include new electrical wiring, panels, outlets, switches and fixtures; new plumbing supply and drain lines; new windows; new roof; new insulation and drywall; new interior and exterior doors; new trim and finish carpentry; new lighting; new kitchens; new bathrooms; new cabinetry; marble countertops; stainless-steel appliances; luxury vinyl plank flooring; fresh interior and exterior finishes; updated life-safety components; separately metered electrical service; and new in-unit washers and dryers in every apartment. Exterior and site improvements include French drains around the building to improve water management, updated grading and drainage, refreshed walkways and entry areas, and additional repairs completed as part of the permitted renovation. The property offers four distinct residences: two spacious 2-bedroom/2-bath units, one 1-bedroom/1-bath loft, and one basement one bed apartment. The unit mix, individual laundry, modern finishes and extensively renewed building systems create strong rental appeal while minimizing near-term capital needs. Three garages, two single-car garages and one two-car garage, provide valuable additional parking and income potential. An exceptional turnkey investment combining historic brick character with the convenience, durability and tenant appeal of a modern renovation. Buyer and buyer’s broker to verify all property information, permits, square footage and improvements.

Elementary School Middle School High School
Teller Elementary School Morey Middle School East High School
Price History
9/20/2026 Listed $1,250,000

General Features

Sewer Public Sewer
Heating Radiant
Cooling Air Conditioning-Room
Utilities Cable Available,Electricity Connected,Natural Gas Connected
Roof Composition
Zoning U-RH-3A
Garage Spaces 2
Patio/Porch Features Covered,Deck,Front Porch,Patio
Architectural Style Denver Square
Construction Materials Brick
Exclusions Tenants Personal Property
Year Built 1896
Electric 110V,220 Volts
Tenant Pays Electricity
Levels Three Or More
Unit Number 1-4
Property Subtype Quadruplex
Tax Year 2025
Ownership Corporation/Trust
Gross Income 104400
OwnerPays Gas,Insurance,Taxes,Trash Collection,Water
County Denver
Operating Expense 20917
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Congress Park
Facing Direction East
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 6250
Carport Spaces 2
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Jumbo,USDA Loan,VA Loan
Elementary School Teller
Tax Annual Amount 5984.86
Middle/Junior High School Morey
Property Condition Updated/Remodeled
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Cap Rate 6.3

Interior Features

Basement Finished
Basement (Y/N) Yes
Above Grade Finished Area 2638
Total Bedrooms 6
Below Grade Finished Area 619
Total Baths 6

Exterior Features

Exterior Amenities Balcony,Lighting,Private Yard
Fencing Full
Water Source Public
Total Parking 4
Lot Size Area 6250
Foundation Details Concrete Perimeter
Building Area Total 3689
Lot Size Acres 0.14

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 80206

Price
AVG $1.12M
$1.25M
Taxes
AVG $5,959
$5,984
Year Built
AVG 1903
1896
Visits
AVG 49
17
Data Provided by Inside Real Estate®