$975,000

1015 S Eliot Street 4, Denver, CO 80219

  • 5,043 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances. Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition. The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property’s appeal and reduce near-term capital needs. Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.

Listing Status:
Active
Data Last Updated:
June 24, 2026 at 7:21PM
Listing Office:
eXp Realty, LLC : 888-440-2724
Listing Agent:
Ann Marlin : 303-910-2392
MLS ID:
9735734
  • General: Ceiling Fan(s)Laminate CountersPantry
  • Appliances: CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasher
  • Laundry: In Unit
  • Flooring: CarpetVinyl
  • A/C: Central Air
  • Heating: Forced Air
  • General: GardenLightingPrivate YardRain GuttersSpa/Hot Tub
  • Style: Modular
  • Other Structures: Patio
  • Parking: AsphaltParking spaces: 8
  • Roofing: Unknown
  • Windows: Double Pane WindowsWindow Coverings
  • General: Two
  • Road/Access: Public
  • Originating MLS: recolorado
  • School District: Denver 1
  • County: Denver
  • Zoning: E-TU-CT4 R68 S17 SE/4 E 140.125FT OF N/2 OF NW/4 OF SW/4 OF SW/4OF SE/4 EXC E 14FT & EXC W 0.75FT & EXC N 50FT & EXC S 50FT5174-00-131
  • Fencing: Full
  • Current Use: Live/Work
  • Utilities: Single Phase
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Corporation/Trust
  • Exclusions: N/A

This listing courtesy of Ann Marlin , eXp Realty, LLC

Monthly Payment

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

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