USACODenverNortheast Park Hill3243 Kearney St

$1,500,000

For Sale

17 days ago

3243 Kearney St, Denver, CO

Name: 3243 Kearney St, For Sale in Denver - eXp Realty
Brand: Serhant Colorado LLC
SKU: 7898418
Price: 1500000 USD

House

MLS® 7898418

10 Bed

5 Bath

7545 sqft

5 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 7545 sqft

Garage Yes

Taxes $6,285

Days Active 17

Lot Size

Approx. Age 1955

Avg. Price Per Sqft $198

MLS® Number 7898418

Property Address: 3243 Kearney St, Denver, CO, 80207-2189

Average square foot calculated using Size range provided by listing agent.

Description

VA Assumable loan at 3.75% Ask Agents for Information! Turnkey fourplex in Northeast Park Hill offering a compelling opportunity for investors and owner-occupants alike. The property currently generates $8, 445/month in gross scheduled rental income, sitting at a 5.12% cap rate and all four units thoughtfully updated and maintained. The unit mix includes two 3-bedroom units and two 2-bedroom units, providing strong rental versatility and broad tenant appeal. One unit will be delivered vacant at closing, creating an immediate opportunity for an owner-occupant to live on-site while benefiting from income from the remaining units, or for an investor to reposition the unit at market rent. Significant improvements have been completed throughout 2024-2026, including new windows, interior doors, paint, blinds, LED lighting, appliances, electrical breakers, central air conditioning, exterior paint and siding, professional landscaping, a new paver patio, and updated safety features. Additional unit-specific improvements include restored hardwood flooring, a professionally remodeled bathroom, and a remodeled kitchen. The oversized detached 2-car garage offers an additional value-add opportunity, with approximately 676 SF already framed for a potential ADU/fifth unit and electrical wiring pulled through the existing framing. Buyer to verify zoning, permitting, feasibility, and all development requirements with the City and County of Denver. The property also offers at least five off-street parking spaces. Residents are separately metered for gas and electric, while water, sewer, and trash are billed back to the units at a 25% share each. With strong existing rental income, extensive recent renovations, multiple off-street parking spaces, potential ADU upside, and the flexibility to occupy one unit, this property offers a rare combination of immediate cash-flow potential and future value-add opportunity in Northeast Park Hill.

MLS® Number7898418

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1955

BasementFull, Partially Finished

DrivewayOff Street

Garage Spaces

HeatForced Air

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 19, 2026List Date

$1,500,000List Price

Commute

Commute

Starting Address

Destination Address

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