Listed By:
Synergy Associates Inc;
Address
74 S Sherman Street, Denver, CO
Price
$ 875,000
Property Attributes
  • MLS#1519541
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodWashington Park West
  • Zip80209
  • StyleDenver Square
  • Year Built1900
  • Taxes$ 5344
  • Price$ 875,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2985
  • Lot Size0.07 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Amazing opportunity to own a classic Denver Square and great income producing, low maintenance quadplex in highly desirable Wash Park location. Offered at an attractive 6.58% cap rate. Several solid long-term tenants in place. Priced well under market for a quick sale. Just appraised for $1,075,000. Appraisal available in supplements. Tenants enjoy the quiet street, landscaped yard and community laundry. Out the door you have all the bars, restaurants and shops that South Broadway has to offer! And of course, don't forget the easy access to Wash Park! There is a detached garage that is currently rented for $175, and an additional off street parking space. Current rent roll and 2025 Income & Expenses can also be found in supplements.

Elementary School Middle School High School
Dora Moore Elementary School Dora Moore Middle School South High School
Price History
7/10/2026 Listed $875,000

General Features

Sewer Public Sewer
Heating Hot Water,Natural Gas
Cooling Air Conditioning-Room
Utilities Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available
Possession Closing/DOD,Subject To Tenant Rights
Roof Composition,Membrane
Appliances Dryer,Range,Refrigerator,Washer
Zoning G-MU-3
Garage Spaces 1
Patio/Porch Features Front Porch
Architectural Style Denver Square
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1900
Electric 220 Volts
Tenant Pays Electricity,Gas
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Corporation/Trust
Gross Income 73309
OwnerPays Exterior Maintenance,Grounds Care,Insurance,Taxes,Trash Collection,Water
County Denver
Operating Expense 15778
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Washington Park West
Facing Direction West
Status Active
High School South
City Denver
Senior Community Y/N No
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 3121
Listing Terms 1031 Exchange,Cash,Conventional,FHA
Elementary School Dora Moore
Tax Annual Amount 5344
Middle/Junior High School Dora Moore
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Cap Rate 6.58

Interior Features

Interior Amenities Ceiling Fan(s)
Basement Partial
Flooring Carpet,Tile,Vinyl
Total Fireplaces 2
Fireplace Features Living Room
Basement (Y/N) Yes
Above Grade Finished Area 2538
Laundry Features In Basement
Total Bedrooms 4
Total Baths 4

Exterior Features

Exterior Amenities Garden,Private Yard,Rain Gutters
Fencing Full
Lot Features Landscaped,Level
Water Source Public
Total Parking 1
Lot Size Area 3121
Building Area Total 2985
Lot Size Acres 0.07

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80209

Price
AVG $890K
$880K
Taxes
AVG $5,022
$5,344
Year Built
AVG 1912
1900
Visits
AVG 167
68
Data Provided by Inside Real Estate®