Address
2950 W 42 Avenue, Denver, CO
Price
$ 1,199,000
Property Attributes
- MLS#4964199
- TypeCommercial
- Listing Status Active
- CountyDENVER
- CityDenver
- Zip80211
- Style
- Year Built1949
- Taxes$ 6713
- Price$ 1,199,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3028
- Lot Size0.16 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Positioned in Denver's sought-after Sunnyside neighborhood, 2950 W 42nd Ave presents an exceptional opportunity to own a five-unit multifamily property in one of the city's most desirable urban markets. Located just minutes from Downtown Denver, LoHi, Highlands Square, and Berkeley, the property offers residents an ideal combination of neighborhood charm, walkability, and convenient access to major employment centers. The property features five residential units on a generously sized lot in a well-established residential setting. All units have been updated with modern finishes including remodeled kitchens and bathrooms creating an attractive living experience for today's renters while offering future upside through continued improvements and rental growth. Residents enjoy proximity to local favorites including coffee shops, breweries, restaurants, neighborhood parks, and grocery stores, along with easy access to I-25, I-70, and Union Station. Nearby amenities such as Rocky Mountain Lake Park, Chaffee Park, LoHi, and Highlands Square further enhance the property's appeal and support strong tenant demand. Situated in a neighborhood known for continued appreciation, redevelopment, and limited multifamily inventory, this property represents a compelling investment in one of Denver's strongest rental markets.
| Price History | |
|---|---|
| 7/30/2026 | Listed $1,199,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Possession | Closing/DOD |
| Roof | Composition |
| Zoning | U-SU-C1 |
| Garage Spaces | 5 |
| Construction Materials | Brick |
| Exclusions | Tenants Personal properties |
| Year Built | 1949 |
| Stories Count | 1 |
| Property Subtype | Multi Family |
| Tax Year | 2024 |
| Current Use | Multi-Family |
| OwnerPays | Water |
| County | Denver |
| Property Type | Commercial Sale |
| Attached Garage | Yes |
| Status | Active |
| City | Denver |
| Number Of Units Total | 5 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6863 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 6713 |
| Leasable Area | 3028 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 5.44 |
Exterior Features
| Parking Features | Concrete |
|---|---|
| Lot Features | Corner Lot,Near Public Transit |
| Total Parking | 5 |
| Lot Size Area | 6863 |
| Building Area Total | 3028 |
| Lot Size Acres | 0.16 |
| Road Frontage Type | Public |
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 Commercial Average in 80211
Price
Taxes
Year Built
Visits
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Luxe Haven Realty LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. September 26, 2026 8:08 PM UTCd
