4370 E Montana Pl - Multi-Family FOR SALE


Denver, CO 80222- Virginia Village
$3,750,000 USD
406-531-4246
4370 E Montana Pl, Denver, CO for Sale
$3,750,000 USD
Multi-Family - FOR SALE
1/36
null | 5.96% Cap Rate

4370 E Montana Pl
Denver, CO 80222
Virginia Village


HIGHLIGHTS

  • Excellent location in Denver within the established Virginia Village neighborhood
  • Long-term ownership, well-maintained asset
  • Strong value-add opportunity with significant upside potential
  • Favorable seller financing available, terms negotiable
  • Separately metered electricity, 100-amps per unit
  • Shared laundry facilities with 5 washer/dryer sets per building (not coin operated)

OVERVIEW

4370 & 4381 E. Montana Place presents a rare opportunity to acquire a 15-unit multifamily asset in Denver’s established Virginia Village neighborhood, offered for the first time in over 50 years as the original owner retires. Spanning two parcels totaling 33,600 SF, the property comprises three well-maintained identical buildings of five units each, originally constructed in 1954. The asset features a desirable unit mix of twelve two-story, townhome-style 2Bd/1Ba residences (949 SF each) and three garden-level 2Bd/1Ba units (768 SF). Each townhome offers private front and rear entrances, with living and kitchen on the main floor and two bedrooms plus full bathroom above — a layout that drives strong tenant demand and retention. Tenant-friendly amenities include shared laundry with five washer/dryer sets per building, oversized private storage lockers (~226 SF each), generous outdoor common areas with mature cherry trees, and a 1:1 off-street parking ratio. With a half-century of single ownership, the property presents significant upside through lease-up, operational improvements, and professional management — all in a well-located Denver submarket. The seller is open to favorable seller-financing terms for qualified buyers, offering investors a flexible and compelling opportunity.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

15

PRICE/UNIT

$250,000

CAP RATE

5.96%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4370 & 4381 E Montana Place

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,600 SF

ZONING

S-SU-D

APN/PARCEL ID

6193-17-015

ASK ABOUT THIS PROPERTY

Dan HawthorneNorthPeak Commercial AdvisorsMore Info
406-531-4246

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Dan HawthorneNorthPeak Commercial AdvisorsMore Info
406-531-4246

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