Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances.
Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition.
The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property’s appeal and reduce near-term capital needs.
Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.
Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition.
The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property’s appeal and reduce near-term capital needs.
Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.
Property Details
Price:
$975,000
MLS #:
REC9735734
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Athmar Park
Finished Sq Ft:
5,043
Total Sq Ft:
5,043
Lot Size:
8,029 sqft / 0.18 acres (approx)
Year Built:
1979
Schools
School District:
Denver 1
Elementary School:
Goldrick
Middle School:
Kepner
High School:
Abraham Lincoln
Interior
Above Grade Finished Area
5043
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Bathrooms
4 Full Bathrooms, 4 Half Bathrooms
Cooling
Central Air
Flooring
Carpet, Vinyl
Heating
Forced Air
Interior Features
Ceiling Fan(s), Laminate Counters, Pantry
Laundry Features
In Unit
Levels
Two
Main Level Bathrooms
4
Exterior
Architectural Style
Modular
Common Walls
1 Common Wall, 2+ Common Walls
Construction Materials
Concrete, Frame
Direction Faces
Northeast
Exterior Features
Garden, Lighting, Private Yard, Rain Gutters, Spa/Hot Tub
Fencing
Full
Lot Features
Level
Parking Features
Asphalt
Parking Spots
8
Parking Total
8
Patio And Porch Features
Patio
Roof
Unknown
Security Features
Radon Detector
Window Features
Double Pane Windows, Window Coverings
Financial
Tax Year
2024
Taxes
$6,545
Map
Contact Us
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Property Summary
- Located in the Athmar Park subdivision, 1015 S Eliot Street #4 #1 Denver CO is a Single Family for sale in Denver, CO, 80219. It is listed for $975,000 and features 8 beds, 8 baths, and has approximately 5,043 square feet of living space, and was originally constructed in 1979. The current price per square foot is $193. The average price per square foot for Single Family listings in Denver is $370. The average listing price for Single Family in Denver is $896,625. To schedule a showing of MLS#rec9735734 at 1015 S Eliot Street #4 #1 in Denver, CO, contact your Smart Sale AI agent at 3039066915.
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Additional Details
MLS ID : REC9735734
Listing Key : REC2053557401
Parcel Number : 5174-00-131
Zip Code : 80219
City : Denver
State : CO
Building if Condo : S Eliot Four-plex
Full Street: 1015 S Eliot Street #4 #1
Address : 1015
Address Prefix :
Address Suffix : Street
Street : Eliot
Street Prefix : S
Street Suffix :
Unit if Condo : 4
Latitude : 39.698303
Longitude : -105.024170
Property Type : singlefamily
Property Sub Type : Single Family Residence
Stories Total if Condo :
Lot Size : 8,029 sqft / 0.18 acres (approx)
Ownership : Corporation/Trust
Zoning : E-TU-C
Condition : Updated/Remodeled
Renovation :
Pets Allowed :
Special Conditions : None
Possession : Immediate,Negotiable
Original Price : 975000
Close Price :
Close Date :
List Date : Apr 20, 2026
List Contract Date : 2026-04-20
Off Market Date :
Purchase Contract Date :
Days on Market : 133
Concessions Amount :
Concession Comment :
Renovation :
Company : eXp Realty, LLC
Copyright 2026. All rights reserved.
1015 S Eliot Street #4 #1
Denver, CO