2105 E 16th Avenue is a charming 6-unit brick multifamily building located in Denver’s highly desirable City Park West neighborhood. Built in 1893 and zoned G-RO-3, the property consists of (3) studio units and (3) 1bed/1bath units, offering a straightforward mix well-suited to the core Denver urban renter. City Park… Read More West is one of Denver’s most walkable and bikeable neighborhoods, positioned just a few blocks from City Park, the Denver Zoo, and the Denver Museum of Nature and Science. Presbyterian St. Luke’s Medical Center sits just 0.6 miles away, and East Colfax Avenue’s restaurants, bars, and nightlife are steps from the front door, giving tenants an A+ urban lifestyle at an accessible price point.
The property is currently 100% occupied and has benefited from consistent capital investment over the years, including all new electrical completed approximately 15 years ago, vinyl windows 5 years ago, new water heater in 2025, and on-site laundry. Separately metered electric reduces owner utility exposure and simplifies operations. With current rents modestly below market, a buyer can expect meaningful upside through natural lease-up turnover without the need for significant capital outlay.
Highlights:
Sub $850k for 6 units in a premium neighborhood
All new electrical completed approximately 15 years ago
Vinyl windows and on-site laundry
Separately metered electric reduces owner utility exposure
Highly walkable and bikeable location with easy access to East Colfax dining, nightlife, and retail Read Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
Quadruplex
Beds
5
Square Ft.
2,875
Lot Size
0.07 Acres
Year Built
1893
MLS Number
9036209
Additional Details
Basement
Unfinished
Building
Built in 1893, Living area: 2875, Levels: Three Or More, Construction Materials: Brick
Expenses
Operating: $20,248
Heating
Forced Air
Income
Gross Income: $72,590
Lot
0.07 acres, Level
Roof
Unknown
Sewer
Public Sewer
Taxes
Parcel Number: 2355-28-012, Annual Amount: $4,405, Legal Description: WYMANS ADD 02355 B12 E 31FT OF W 95FT OF L20 TO 23 INC, Year: 2025, Zoning: G-RO-3
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