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Listed price in listed location currency (USD).
$1,850,000

670

MLS® 6990012

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4912 sqft
Garage Yes
Taxes $7,378
Days Active 235
Lot Size 0.17 acres
Approx. Age 1905
Avg. Price Per Sqft $376
MLS® Number 6990012

Property Address: 1437 Columbine St, Denver, CO, 80206-2210

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

Description

Classic 1905 Revival-style triplex in the heart of Denver's Congress Park, offering 5, 480 sq. Ft. Of income-producing space and timeless character. Configured as three units with 6 bedrooms and 6 bathrooms total, this property blends historic charm with strong investment potential. Unit A spans two levels with 3 beds/3 baths, while Units C and D offer 2-bed/2-bath and 1-bed/1-bath layouts. Current long-term leases generate $1, 850-$2, 250/month per unit, with projected annual income of $103, 000 for full long-term occupancy-or $140, 000+ if Unit A is operated as a short-term rental. Estimated cap rate ranges from 5.3%-5.8%, with additional upside through modest updates, utility pass-throughs, or garage/parking income. Recent updates include a new boiler system, city-compliant fire escape, underfloor heating, updated bathrooms in Units A and C, re-landscaped front and back yards with retaining wall, new patio and outdoor lighting, fully automated sprinkler system, smart lighting, CCTV, and electronic keypads. Original details remain throughout-woodwork, stained glass, tile fireplaces, radiators, pocket doors, and a welcoming front porch-elements that attract both long-term tenants and Airbnb guests. Additional highlights: two laundry areas, three off-street parking spaces (with potential for a future garage), and a fully fenced backyard. Prime location in one of Denver's most walkable neighborhoods-just blocks from City Park, Denver Botanic Gardens, Washington Park, and Colfax Avenue's dining and nightlife. Stroll to favorites like Shells & Sauce, Chef Zorba's, and Genesee Coffee, or explore Cherry Creek's upscale shopping minutes away. Convenient to bus and light rail, plus Rose, National Jewish, St. Joseph's, and Anschutz hospitals. Zoned for multifamily with potential for single-family conversion (nearby homes trade around $5M) or reconfiguration to four units, this is a rare, flexible asset in a coveted corridor.
MLS® Number6990012
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1905
BasementFull, Partially Finished, Walk-Out Access, Daylight
Driveway
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 23, 2025List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
1437 Columbine St, Denver, CO

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