Address
5355 Quitman Street, Denver, CO
Price
$ 950,000
Property Attributes
- MLS#8926338
- TypeMulti-Family
- Listing Status Active
- CountyADAMS
- CityDenver
- NeighborhoodBerkeley Gardens
- Zip80212
- StyleDuplex
- Year Built1971
- Taxes$ 7641
- Price$ 950,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3400
- Lot Size0.31 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market. Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow. Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth. Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
| Elementary School | Middle School | High School |
|---|---|---|
| Tennyson Knolls Elementary School | Tennyson Knolls Middle School | Westminster High School |
| Price History | |
|---|---|
| 7/24/2026 | Listed $950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Utilities | Cable Available,Electricity Connected |
| Possession | Closing/DOD |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Oven,Range,Refrigerator,Washer |
| Zoning | R-2 |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck,Patio |
| Construction Materials | Frame |
| Exclusions | Tenants Personal Property |
| Year Built | 1971 |
| Tenant Pays | Electricity,Internet |
| Levels | One |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Ownership | Individual |
| Gross Income | 85200 |
| OwnerPays | Exterior Maintenance,Insurance,Taxes,Trash Collection,Water |
| County | Adams |
| Operating Expense | 22199 |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Berkeley Gardens |
| Status | Active |
| High School | Westminster |
| City | Denver |
| Senior Community Y/N | No |
| High School District | Westminster Public Schools |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 13300 |
| Listing Terms | 1031 Exchange,Cash,Conventional |
| Elementary School | Tennyson Knolls |
| Tax Annual Amount | 7641 |
| Middle/Junior High School | Tennyson Knolls |
| Property Condition | Updated/Remodeled |
| Structure Type | Duplex |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Westminster Public Schools |
| Elementary School District | Westminster Public Schools |
| Cap Rate | 6.64 |
Interior Features
| Basement | Finished,Full |
|---|---|
| Flooring | Carpet,Vinyl |
| Common Walls | 1 Common Wall |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 1700 |
| Laundry Features | In Unit |
| Total Bedrooms | 8 |
| Below Grade Finished Area | 1700 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Private Yard |
|---|---|
| Fencing | Partial |
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 8 |
| Lot Size Area | 13300 |
| Building Area Total | 3400 |
| Lot Size Acres | 0.31 |
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 80212
Price
Taxes
Year Built
Visits
