Listed By:
NorthPeak Commercial Advisors, LLC;
Address
1138 N Clarkson Street, Denver, CO
Price
$ 995,000
Property Attributes
  • MLS#6395091
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodCapitol Hill
  • Zip80218
  • StyleQuadruplex
  • Year Built1892
  • Taxes$ 5407
  • Price$ 995,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3326
  • Lot Size0.11 Acres
Data Source:
REColorado (MTOMLS)
Property Description

1138 Clarkson St. is a charming four-unit mansion conversion located in the heart of Denver’s Capitol Hill neighborhood. Just blocks from Ideal Market, King Soopers, Cheesman Park, and the neighborhood’s numerous dining and entertainment options, the property benefits from a highly desirable Central Denver location. The building features an attractive unit mix consisting of one studio, two 1bed/1bath units and one 2bed/1bath unit, along with common-area laundry, a large communal backyard, and four off-street parking spaces. Ownership has made a number of improvements to the property in recent years, including a new roof in 2022, a new tankless water heater, revamped front and rear landscaping, refreshed common areas, and some cosmetic updates to select units. Combined with the building’s historic character, four off-street parking spaces, and a great location in Capitol Hill, 1138 Clarkson is a unique opportunity for both investors and owner-occupants.

Elementary School Middle School High School
Dora Moore Elementary School Dora Moore Middle School East High School
Price History
9/21/2026 Listed $995,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Electricity Connected,Natural Gas Connected,Phone Available
Roof Shingle
Zoning G-MU-3
Patio/Porch Features Covered,Front Porch
Construction Materials Brick
Exclusions None
Year Built 1892
View City
Levels Two
Property Subtype Quadruplex
Tax Year 2026
Ownership Individual
Gross Income 71319
County Denver
Operating Expense 16305
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Capitol Hill
Facing Direction West
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 4690
Listing Terms 1031 Exchange,Cash,Conventional
Elementary School Dora Moore
Tax Annual Amount 5407.88
Middle/Junior High School Dora Moore
Property Condition Updated/Remodeled
Ok to Lease 12 Months
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Cap Rate 5.53

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Above Grade Finished Area 2388
Laundry Features None
Total Bedrooms 4
Below Grade Finished Area 938
Total Baths 4

Exterior Features

Fencing Full
Lot Features Landscaped
Water Source Public
Total Parking 4
Lot Size Area 4690
Building Area Total 3326
Lot Size Acres 0.11
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 80218

Price
AVG $1.12M
$1,000K
Taxes
AVG $5,471
$5,407
Year Built
AVG 1904
1892