1600 Steele Street, Denver, CO 80206

• 7,472 sqft

Property Description

Exceptional opportunity in highly desirable South City Park! A 4,690sf corner lot zoned U-TU-O with UO-3 overlay offers incredible potential for live on, investors or developers looking to build equity through renovation. Whether you’re envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning offers many possibilities. Priced well below replacement cost! This Denver Square has been thoughtfully converted into 7 apartments, 2- 2 beds, 5- 1 beds. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler. Gas & electricity are separately metered and laundry is on site. The most compelling element of this asset is the significant upside in the rents. With strong management and targeted improvements, the property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth. 1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park, the ultimate back yard! Easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!

Listing Status:

Active

Data Last Updated:

August 20, 2026 at 1:21PM

Listing Office:

American City Real Estate : 303-320-7743

Listing Agent:

Jeffrey Joyce : 303-320-7743

MLS ID:

8299990

Exterior

• Style: Denver Square
• Parking: GravelParking spaces: 0

Construction

• Roofing: ShingleRolled/Hot Mop

Location

• Road/Access: PublicYear Round
• Originating MLS: recolorado
• County: Denver

Lot

• Zoning: U-TU-B UO-3COLFAX AVE PARK SUB 02364 B8 L23 & S/2 OF L222364-08-013
• Current Use: Multi-Family

Utilities

• Utilities: Cable AvailableElectricity AvailableElectricity ConnectedInternet Access (Wired)Natural Gas AvailableNatural Gas ConnectedSewer Connected110V220 Volts
• Water: Public
• Sewer: Public Sewer

Financial

• Source: recolorado