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William Watson

bill@watsonrg.com +1(720) 463-0002

$840,000

Est. payment - /mo

5 Beds

4 Baths

2,875 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,875 sqft

Price per Sqft $292

Subdivision Wyman

MLS Listing ID 9036209

Bedrooms 5

HOA Y/N No

Year Built 1893

Lot Size 2,950 Sqft

Acres 0.07

Property Sub-Type Quadruplex

Property Description

2105 E 16th Avenue is a charming 6-unit brick multifamily building located in Denver's highly desirable City Park West neighborhood. Built in 1893 and zoned G-RO-3, the property consists of (3) studio units and (3) 1bed/1bath units, offering a straightforward mix well-suited to the core Denver urban renter. City Park West is one of Denver's most walkable and bikeable neighborhoods, positioned just a few blocks from City Park, the Denver Zoo, and the Denver Museum of Nature and Science. Presbyterian St. Luke's Medical Center sits just 0.6 miles away, and East Colfax Avenue's restaurants, bars, and nightlife are steps from the front door, giving tenants an A+ urban lifestyle at an accessible price point.

The property is currently 100% occupied and has benefited from consistent capital investment over the years, including all new electrical completed approximately 15 years ago, vinyl windows 5 years ago, new water heater in 2025, and on-site laundry. Separately metered electric reduces owner utility exposure and simplifies operations. With current rents modestly below market, a buyer can expect meaningful upside through natural lease-up turnover without the need for significant capital outlay.

Highlights:
Sub $850k for 6 units in a premium neighborhood
All new electrical completed approximately 15 years ago
Vinyl windows and on-site laundry
Separately metered electric reduces owner utility exposure
Highly walkable and bikeable location with easy access to East Colfax dining, nightlife, and retail

Location

State CO

County Denver

Zoning G-RO-3

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Other

Exterior

Roof Type Unknown

Private Pool No

Building

Lot Description Level

Story Three Or More

Sewer Public Sewer

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 2355-28-012

Special Listing Condition None Known

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Listed byNorthPeak Commercial Advisors, LLC

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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2105 E 16th AVE Denver, CO 80206