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

201016

MLS® 9785904

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 7200 sqft
Garage Yes
Taxes $9,525
Days Active 42
Lot Size 
Approx. Age 1956
Avg. Price Per Sqft $256
MLS® Number 9785904

Property Address: 982 S Sheridan Blvd, Denver, CO, 80226-8003

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

Description

982 S Sheridan Blvd is a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation. With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income. 982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver's strong market fundamentals.
MLS® Number9785904
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1956
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
982 S Sheridan Blvd, Denver, CO

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