USACODenverPelican Cove6200 E Iliff Avenue
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6200 E Iliff Avenue, Denver, CO

House

For Sale

Listed price in listed location currency (USD).
$2,495,000

0012

MLS® 2107861

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $13,841
Days Active 0
Lot Size 
Approx. Age 1994
MLS® Number 2107861

Property Address: 6200 E Iliff Avenue, Denver, CO, 80222

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

Description

Pelican Cove Apartments is a rare 8-unit, townhome-style multifamily investment in a highly desirable South Denver location near I-25, the University of Denver, and the Denver Tech Center. The property consists of eight large 2-bedroom, 1-bath units averaging approximately 1, 000 square feet, each featuring in-unit laundry, central air conditioning, and forced air heating. Configured as four stacked duplex-style buildings, the property offers a low-density layout that consistently attracts long-term tenants seeking privacy, separation, and livability not typically found in traditional apartment product. Originally built and owned by the same family for over 30 years, the asset has been exceptionally maintained with recent capital improvements including newer water heaters, upgraded exterior lighting, and resurfaced parking areas. Each unit benefits from covered parking with additional income potential through parking monetization, pet rent, and future RUBS implementation. Current rents remain below market, presenting a clear and executable value-add opportunity through interior upgrades, with strong support for rent growth based on comparable product in the area. With its combination of strong in-place income, desirable unit mix, excellent condition, and clear upside, Pelican Cove represents a compelling investment opportunity for both local and national multifamily investors seeking stable cash flow with long-term growth potential in a high-demand rental corridor.
MLS® Number2107861
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1994
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$2,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
6200 E Iliff Avenue, Denver, CO

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Tanner Schuetz

Listing Agent

Tanner Schuetz

[email protected]
941-224-1622
Daniel Beckius

Listing Agent

Daniel Beckius

[email protected]
720-660-5986
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