This property offers investors a rare opportunity to acquire a turn-of-the-century Victorian apartment building in one of Denver’s most desirable urban neighborhoods. Located just steps from Cheesman Park and within walking distance to both City and Congress Parks, the asset sits in a high-demand rental corridor with strong long-term fundamentals. Built in 1898, the property consists of six existing units— two 1-bedroom units and four large, “bedroom-separated” studios—providing flexible leasing options for tenants seeking vintage charm and functional layout spaces. A previously occupied basement unit presents an immediate path to increase unit count and NOI by bringing the 7th unit back online. The current owner has completed several major capital improvements including a new roof, boiler, hot water heater, and tuckpointing—offering new ownership limited deferred maintenance. Additional revenue opportunities include billing back utilities, monetizing parking, and adding coin or app-operated laundry. With close proximity to Colfax Avenue transit routes and only a 10-minute drive to Downtown Denver, 1340 Race represents a rare chance to acquire a stabilized core asset with clear upside in a supply-constrained submarket.