9
See all 9 photos
$1,125,000
Est. payment /mo
6 Beds
6 Baths
3,090 SqFt
Active
7721 E 14th Denver, CO 80220
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,090 sqft
Subdivision East Colfax
MLS Listing ID IRE3395871
Bedrooms 6
HOA Y/N No
Year Built 1948
Annual Tax Amount $5,401
Tax Year 2026
Source ires
Property Description
Marcus & Millichap is pleased to present 7721 E 14th Ave, a rare six-unit cottage-style multifamily investment opportunity located in the highly desirable East Denver submarket. Situated on a prominent 0.35-acre corner lot, the property consists of six fully renovated side-by-side residences that provide tenants with the privacy and feel of single-family living while offering investors the operational efficiencies of multifamily ownership. Each unit is complemented by a detached garage that is leased separately, creating an additional income stream and enhancing the overall tenant experience.
The property is offered at a 7.35% Day One Cap Rate with the ability to increase to a 7.89% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential.
The property is offered at a 7.35% Day One Cap Rate with the ability to increase to a 7.89% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential.
Location
State CO
County Denver
Community East Colfax
Area Metro Denver
Zoning E-TU-B
Interior
Heating Radiant
Exterior
Parking Features Detached
Garage Spaces 3.0
View Y/N No
Roof Type Other
Garage Yes
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Other
New Construction false
Schools
Elementary Schools Montclair
Middle Schools Hill
High Schools Denver District 1
School District Denver District 1
Others
Special Listing Condition Private Owner
Listed by Charles Burkhart
NEARBY SCHOOL & BUSINESS
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