172 W Maple Ave - Multi-Family FOR SALE


Denver, CO 80223- SoBo
$750,000 USD
920-809-5189
172 W Maple Ave, Denver, CO for Sale
$750,000 USD
Multi-Family - FOR SALE
1/25
null | Request Cap Rate

172 W Maple Ave
Denver, CO 80223
SoBo


OVERVIEW

Opportunity abounds in this historic Baker District quadruplex, a piece of Denver history originally built to house railroad employees that has since become a sought-after rental property in one of Denver's most walkable neighborhoods.The distinctive gray exterior with red accent trim gives this building character and curb appeal. Inside, the current owners have updated all kitchens and bathrooms throughout the four units. Each apartment features clean, updated interiors with modern flooring, fresh paint, and updated fixtures. The kitchens showcase white cabinetry with stylish backsplash details, while the bathrooms offer clean, functional spaces with contemporary finishes.The building has been well maintained, with exterior and roof maintenance ensuring structural integrity. The location is unbeatable for renters who want convenience and culture at their doorstep. Tenants enjoy walking distance to Safeway and Sam's Club for groceries, Broadway Bark dog park, Goodheart Animal Hospital, and UPS. South Broadway's vibrant restaurant and bar scene is just minutes away, with popular spots like Postino's, Burn Down, Pho Haus, and more. Public transportation, laundromats, and all of downtown Denver are easily accessible. Wash Park is less than a 10-minute drive.Parking is resident permitted street parking. Current owners report consistent rental demand and have never had issues finding quality tenants. The lower units rent at a slightly lower rate due to their size, offering flexibility in your pricing strategy. Units are currently vacant, allowing you to view all four apartments and experience the full potential of this property. A rent roll is available showing the consistent rental income history.This property is a win-win. Renters save money on rental costs in a city where cost of living continues to rise, while owners build equity at a steal of a price.Don't miss this prime investment opportunity. Schedule your showing today!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

172 West Maple Avenue

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1894

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

U-RH-2.5

APN/PARCEL ID

05103-25-004-000

ASK ABOUT THIS PROPERTY

Claire GearCompassMore Info
920-809-5189

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Claire GearCompassMore Info
920-809-5189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.