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Jerry Downer

[email protected] +1(720) 277-9001

$1,500,000

Est. payment - /mo

5 Beds

6 Baths

3,769 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,769 sqft

Price per Sqft $397

Subdivision City Park West

MLS Listing ID 6768132

Style Victorian

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 3,003

Year Built 1890

Annual Tax Amount $7,797

Tax Year 2024

Lot Size 4,166 Sqft

Acres 0.1

Property Sub-Type Quadruplex

Source recolorado

Property Description

Fully leased 1890 Victorian quadplex in City Park West — Walk Score 92, 6.38% cap rate at list price. Built in 1890, the brick exterior retains its original ornamental detailing: carved corbels, decorative pediments, and a fishscale mansard roofline that sets it apart from anything built in the last century. All four units renovated with white shaker cabinetry, stainless steel appliances, refinished hardwood floors, updated tile baths with subway tile surrounds, and exposed brick accent walls. In-unit washer/dryer included in all units; upper three units also include dishwasher and disposal. Covered front porch faces a canopied, tree-lined streetscape. High ceilings and crown molding throughout. Zoned G-RO-3. Unit mix & current rents: 2-bed/2-bath at $2,895/mo (lease thru Jun 2026); 2-bed/2-bath at $2,695/mo (thru Aug 2026); 1-bed/1-bath at $1,925/mo (thru Mar 2027); basement studio at $1,525/mo (thru Jun 2026). Gross rents: $108,480/yr. NOI approx. $95,768 (verify w/ own due diligence). Tenants pay all utilities directly via direct billing; owner pays insurance and taxes only. Three leases rolling Jun–Aug 2026 offer near-term opportunity to reset rents to market. Four off-street parking spaces — a genuine rarity in this part of the city. Fully fenced backyard with paver patio, wood deck, and mature shade trees. Rear steel spiral staircase system connects private balconies on 2nd and 3rd floors and provides independent rear access to each level. Per prior disclosures, major systems updated: electrical, plumbing, HVAC, water heaters, windows, and roof — verify specifics in due diligence. 3,769 total sq ft (3,003 above grade) on a 4,166 sq ft lot. Steps to City Park, Cheesman Park, Colfax Ave dining and nightlife, and Denver's medical corridor. About 35–45 min to DIA.

Location

State CO

County Denver

Zoning G-RO-3

Rooms

Basement Finished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Air Conditioning-Room

Flooring Carpet, Tile, Wood

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Laundry Common Area, In Unit

Exterior

Exterior Feature Private Yard

Roof Type Composition

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Cole Arts And Science Academy

Middle Schools Dsst: Cole

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by The Principal Team

NEARBY SCHOOL & BUSINESS

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Jerry Downer

Broker Associate | License ID: 100011893

+1(720) 277-9001

1547 N High ST Denver, CO 80218

Jerry Downer

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1547 N High ST