1200 E 24th Avenue, Denver, CO 80205

• 3,101 sqft

Property Description

Tremendous opportunity with this very unique situation! This listing includes both 2344/2346 Downing Street & 1200-1206 E 24th Ave. Two separate legal parcels allow you to get two conventional (even FHA) loans and two insurance policies offering better rates and terms than commercial products. You could sell the parcels separately or go one step further and sell each unit individually through a party wall split. However, this also makes a great hold! Offered at over a 5.8% cap rate on actual numbers, this turnkey asset boasts 2 to 1 parking, WA/DR in each unit, separate hot water heaters and HVAC systems. (5 of the 6 have central air) Large lot that would allow you to build additional units through an ADU. Long term tenants who pay their own electric and gas. Ideally located close to downtown, Rino, RTD, parks, shopping, restaurants, etc.

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 7:22AM

Listing Office:

Synergy Associates Inc : 303-399-9930

Listing Agent:

Matt Moon : 720-275-1507

MLS ID:

4895373

Exterior

• Style: Traditional
• Parking: Parking spaces: 12

Construction

• Roofing: Composition

Location

• Road/Access: Public
• Originating MLS: recolorado
• County: Denver

Lot

• Zoning: U-SU-B1NURSERY ADD BLK 32 L1 TO 4 INC EXC W 86FT OF L3 & 4 & EXC W86FT OF S 3FT OF L2 AND W 86FT OF L 3 & 4 & OF S 3FT OF 2 BLK 32 NURSERY ADD2352-20-001
• Current Use: Multi-Family

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected220 Volts
• Water: Public
• Sewer: Public Sewer

Financial

• Source: recolorado
• Exclusions: Tenants' personal possessions