Listed By:
Live West Realty;
Address
1215 E 14th Avenue, Denver, CO
Price
$ 948,000
Property Attributes
  • MLS#IR1067614
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodHorrs Add
  • Zip80218
  • StyleVictorian
  • Year Built1901
  • Taxes$ 4996
  • Price$ 948,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2851
  • Lot Size0.07 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Turnkey, high-yield historic 4-plex in a premium Denver rental corridor. Over $100K in recent capital expenditures eliminates deferred maintenance risk: fully excavated/waterproofed foundation, Newer roof, gutters and downspouts, new gas line, new lead-free water lines, and partial new exterior brickwork. Excellent utility structure with 5 newly upgraded electrical panels (1 per unit) and 1 for the shared laundry room to easily pass power costs to tenants. Full 1-year leases already in place for each unit. Highly stable asset with immediate day-one income and zero vacancy friction. Tenants pay utilities. Located in a high-demand, low-vacancy pocket steps from Cheesman Park, Congress Park, and the Bluebird Theater.

Elementary School Middle School High School
Dora Moore Elementary School Morey Middle School East High School
Price History
8/31/2026 Listed $948,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Air Conditioning-Room,Ceiling Fan(s)
Utilities Electricity Available,Internet Access (Wired),Natural Gas Available
Possession Rental Agreement
Roof Composition
Appliances Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer
Zoning G-MU-3
Architectural Style Victorian
Security Features Smoke Detector(s)
Construction Materials Brick,Stone
Exclusions Tenants Personal Property
Year Built 1901
Tenant Pays Electricity,Gas,Trash Collection,Water
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 4535
County Denver
Net Operating Income 38939
Operating Expense 15481
Property Type Residential Income
HOA No
Subdivision Name Horrs Add
Facing Direction South
Possible Use Multi-Family,Residential
Status Active
High School East
City Denver
Entry Location Exterior Access
High School District Denver 1
Number Of Units Total 4
Lot Size Square Feet 3000
Listing Terms Cash,Conventional
Elementary School Dora Moore
Tax Annual Amount 4996
Middle/Junior High School Morey
Concessions No
Virtual Tour https://listings.inhousephotos.com/sites/eppamzjl/unbranded
Standard Status Active
Occupancy Type Tenant
Elementary School District Denver 1
Cap Rate 4.1

Interior Features

Interior Amenities Vaulted Ceiling(s),Walk-In Closet(s)
Basement Full
Flooring Wood
Basement (Y/N) Yes
Window Features Bay Window(s),Window Coverings

Exterior Features

Lot Features Historical District,Level
Water Source Public
Total Parking 4
Building Area Total 2851
Lot Size Acres 0.07
Road Surface Type Alley Paved,Paved
Road Frontage Type Public

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
$950K
Taxes
AVG $5,471
$4,996
Year Built
AVG 1904
1901
Visits
AVG 139
25
Data Provided by Inside Real Estate®