3445 W Mansfield Ave, Denver, CO 80236

• 10 beds |
• 5 baths |
• 4,515 sqft

Property Description

Turnkey Fourplex Investment Opportunity with Expansion Potential & Adjacent Land Upside! Exceptional value-add multifamily investment opportunity located in a Qualified Opportunity Zone in the rapidly growing Sheridan/Denver market! This remodeled income-producing property offers a rare combination of strong in-place cash flow and future development potential. Spanning approximately 4,515 sq ft,the property features a desirable unit mix including 2-and 3-bedroom units plus a studio. One of the property's standout value-add features is a unit currently leased to two separate tenants, generating enhanced rental income. All units are currently occupied, and leases will transfer with the sale. The owner has invested heavily in recent capital improvements, including three new furnaces, HVAC upgrades, updated electrical service, critical sewer infrastructure work, and replacement of most windows throughout the property. Tenant amenities set this property apart with parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and even a basketball court. Positioned on an oversized lot with favorable zoning characteristics, the property also presents compelling long-term redevelopment and expansion potential. Current zoning may allow future expansion up to 8 units, subject to Buyer obtaining all required approvals and permits from the City of Sheridan. Seller is separately offering the adjacent land parcel located at 3435 1/2 W Mansfield Ave (MLS #3939482), creating exciting possibilities for expanded parking,or future development opportunities. Conveniently located minutes from Downtown Denver,Santa Fe Drive, and US-285, this property benefits from strong rental demand driven by accessibility, redevelopment activity, and proximity to major employment, shopping and dining. Ideal for investors seeking immediate cash flow, long-term appreciation, or future development upside in one of the Denver metro area's evolving investment corri...

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 2:22AM

Listing Office:

Equity Colorado Real Estate : Ivelina.Realtor@gmail.com,720-231-5475

Listing Agent:

Ivelina Mileva : 720-231-5475

MLS ID:

4416130

Interior

• Appliances: DishwasherRefrigeratorWasherDryerMicrowaveDisposalFire Alarm
• A/C: Central AirEvaporative Cooling
• Heating: Forced Air
• Disability Feature: Ramp AccessLevel Lot

Exterior

• Parking: Off StreetParking spaces: 15

Construction

• Roofing: Composition
• General: BlockWood SidingOne

Location

• Road/Access: Dirt
• Originating MLS: ires
• School District: Sheridan District 2
• County: Arapahoe

Lot

• Zoning: Residential/Multi-family
• View: Mountain(s)
• Fencing: Partial

Utilities

• Utilities: Electricity AvailableMaster Meter-GasSeparate Meter Electricity
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: None