$900,000

1000 N Tennyson Street, Denver, CO 80204

  • 6 beds |
  • 3 baths |
  • 2,120 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $425/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Rare Covered Land Play with Strong In-Place Income on a Rare 12,500 SF Double Lot. 1000 Tennyson St is a 3-unit situated on an oversized 12,500 SF double lot in one of Denver’s rapidly evolving urban corridors. This asset offers investors a compelling combination of stable cash flow today and significant future development upside. The property consists of three updated residential units plus a detached garage, generating $75,180 in annual gross income and $65,003 in NOI, equating to a 7.22% cap rate at the list price. All units have been updated over the ownership, providing immediate operational stability with minimal near-term capital requirements. Beyond the high cap rate/cash flowing income, the true value lies in the land. The oversized double lot creates a clear and executable path for redevelopment. By right, an investor can split the lot and construct two duplexes (4 total units) without rezoning. For those seeking higher density, the City has indicated the potential to develop up to 20 units with a successful rezoning, making this a prime long-term hold or redevelopment opportunity. Whether you’re an investor looking to land bank with strong yield, or a developer seeking a scalable infill project in a high-demand Denver location, 1000 Tennyson delivers flexibility, income, and upside. More Pictures to Come Soon

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 7:22AM
Listing Office:
Pinnacle Real Estate Advisors : 303-962-9555
Listing Agent:
Robert Lawson : 303-962-9555
MLS ID:
2777251
  • Basement: Finished
  • A/C: Evaporative Cooling
  • Heating: Forced Air
  • Parking: Parking spaces: 4
  • Roofing: Composition
  • General: Multi/Split
  • Originating MLS: recolorado
  • School District: Denver 1
  • County: Denver
  • Zoning: E-TU-CWEST VILLA PARK B9 L21 TO 245064-09-004
  • Utilities: Electricity ConnectedInternet Access (Wired)Natural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Corporation/Trust
  • Exclusions: Tenants posessions

This listing courtesy of Robert Lawson , Pinnacle Real Estate Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cowell Elementary School

4540 W 10th Ave, Denver, CO, 80204

Grades EE-5

0.11 miles away

L

Lake Middle School

1820 Lowell Blvd, Denver, CO, 80204

Grades 6-8

0.98 miles away

N

North High School Engagement Center

2960 N Speer Blvd, Denver, CO, 80211

Grades 9-12

2.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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