982 S Sheridan Boulevard, Denver, CO 80226

• 20 beds |
• 10 baths |
• 7,500 sqft

Property Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation. With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income. 982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver’s strong market fundamentals.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 4:20PM

Listing Office:

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. : 303-328-2000

Listing Agent:

Charles Burkhart : 214-336-6064

MLS ID:

3064703

Interior

• A/C: Central Air
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 16

Construction

• Roofing: Unknown
• General: One

Location

• Originating MLS: recolorado
• School District: Denver 1
• County: Denver

Lot

• Zoning: E-TU-CT4 R68 S18 SW/4 DIF BOOK 0327-580 EXC WLY 10FT FOR ROWSHERIDAN BLVD5183-00-882

Utilities

• Sewer: Public Sewer

Financial

• Source: recolorado
• Ownership: Individual
• Exclusions: n/a