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$924,000

Est. payment - /mo

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8 Beds

4 Baths

3,320 SqFt

Active

903 Wolff Denver, CO 80204

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Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,320 sqft

Subdivision Smedely'S

MLS Listing ID IRE1948142

Bedrooms 8

HOA Y/N No

Year Built 1962

Annual Tax Amount $5,971

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Source ires

Property Description

Price slashed more than 5% - act now. 903 Wolff Street is a TURNKEY fully leased, four-unit corner asset delivering a 7.2% in-place cap rate with interest rates at a three-year low - strong stabilized income, right now. A lengthy list of updates and upgrades by current owner = less deferred maintenance = MORE CASH FLOW FOR YOU! E-TU-C zoning on an oversized lot with alley access adds long-term redevelopment optionality you won't find at this price point.The location sells itself: blocks from the W Line light rail and West Colfax, minutes to Sloan's Lake, Edgewater Public Market, and the Highlands - the kind of walkable connectivity that keeps units full. The building backs it up: 8 beds / 4 baths across four units with major CapEx already done - high-efficiency Weil-McLain boiler (2021), newer roof, fresh exterior paint (2026), and double-pane windows throughout. Unit 901B was fully remodeled in 2025 with LVP flooring, quartz countertops, and stainless appliances. Add a refreshed laundry room with front-load W/D and a three-car garage for added income upside.The 1 bed unit lease ends 6/30 and both 2 bed units have leases ending 8/31 - ideal timing to push rents or house hack in one of Denver's hottest corridors. Cap Rate Calculation is done based on ACTUAL rents, taxes and insurance and 7.2% is ACCURATE. Opportunities like this don't wait.

Location

State CO

County Denver

Community Smedely'S

Area Metro Denver

Zoning E-TU-C

Direction From West Colfax, head south on Perry Street. Turn right/west on 10th. Turn left on Wolff. Property is on the right side of the road at the corner of 9th and Wolff St

Rooms

Basement Full, Partially Finished

Interior

Interior Features Open Floorplan

Heating Baseboard

Cooling Wall/Window Unit(s)

Appliance Dishwasher, Refrigerator, Microwave

Exterior

Parking Features Detached

Garage Spaces 3.0

Fence Partial

Community Features Community Laundry

Utilities Available Electricity Available, Master Meter-Electric, Master Meter-Gas

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Corner Lot, Level, House Faces South, Gutters

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Brick

New Construction false

Schools

Elementary Schools Cowell

Middle Schools Strive Lake

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Rachel Weinberg

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020