852 N Clarkson St - Apartments FOR SALE


Denver, CO 80218- Capitol Hill
$1,175,000 USD
720-495-2412
852 N Clarkson St, Denver, CO for Sale
$1,175,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

852 N Clarkson St
Denver, CO 80218
Capitol Hill


HIGHLIGHTS

  • Stately updated brick building in the heart of Capitol Hill
  • Fully renovated with new electrical, plumbing, and mechanical systems
  • 5-unit layout including spacious 2-bedroom units and charming studios
  • Shared coin laundry + 2-car garage for additional income potential
  • Consistently leased with strong rental demand
  • A+ location near Cheesman Park, Downtown, and major commuter routes

OVERVIEW

Exceptional investment opportunity in the heart of Capitol Hill. This 5unit multifamily residence blends timeless historic charm with modern updates, making it a standout income property in one of Denver’s most walkable neighborhoods. The stately 1892 brick exterior and covered front porch set the tone, while thoughtful updates throughout preserve original character with refinished hardwood floors, built-ins, detailed trim, and stained-glass windows. Each apartment features unique style and function, with a mix of one- and two-bedroom layouts including a detached studio. Updated kitchens showcase quartz countertops, tile backsplashes, stainless-steel appliances, and newer cabinetry, while remodeled bathrooms feature contemporary tile, glass-enclosed showers, and designer finishes. Interiors are bright and comfortable with large windows, tall ceilings, and tasteful color palettes that highlight the home’s architectural details. Additional updates in 2020 to plumbing, electrical and mechanical systems. Shared amenities include a lower-level laundry area and private outdoor spaces including upper-level balconies perfect for relaxing or entertaining. The property’s classic brick façade and well-maintained exterior contribute to its strong rental appeal. Set on a 5,104-square-foot lot and totaling 2,875 finished square feet, this property sits within close proximity to Cheesman Park, Downtown, and Denver’s top dining and shopping destinations. With excellent rental history and plenty of upside to increase rents, this is a turnkey investment with enduring appeal.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$409 USD /SF

# OF UNITS

5

PRICE/UNIT

$235,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1892

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,062 SF

ZONING

-

APN/PARCEL ID

5023-11-003

ASK ABOUT THIS PROPERTY

Jay PetersonWest Peak PropertiesMore Info
720-495-2412

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Jay PetersonWest Peak PropertiesMore Info
720-495-2412

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