Price Reduction
Listed By:
Real Broker, LLC DBA Real;
Address
1524 Jasmine Street, Denver, CO
Price
$ 729,000
Property Attributes
  • MLS#6450179
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodDownington
  • Zip80220
  • StyleTraditional
  • Year Built1955
  • Taxes$ 3722
  • Price$ 729,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2638
  • Lot Size0.09 Acres
Data Source:
REColorado (MTOMLS)
Property Description

*PRICE IMPROVEMENT!!* A compelling investment multifamily or house-hacking opportunity in Denver’s established South Park Hill neighborhood! This all-brick quadplex offers four income-producing residences, separately metered gas and electricity paid by the tenants, and flexible existing lease terms (including three month-to-month tenancies and one annual lease). An owner-occupant may have the opportunity to live in one residence while generating rental income from the others, subject to existing leases and applicable notice requirements. Recent improvements include replacing a portion of the sewer line, updating the electrical breaker panel, and replacing select appliances. Residents enjoy convenient shared laundry on the ground level, individual on-site storage, four dedicated off-street parking spaces, and additional street parking along Jasmine Street. South Park Hill is known for its tree-lined streets, distinctive architecture, neighborhood parks, and convenient central Denver setting. From this location, residents have easy access to the shops, restaurants, coffeehouses, entertainment, and everyday conveniences found throughout Park Hill and along the Colfax corridor. City Park, the Denver Zoo, the Denver Museum of Nature & Science, 17th Avenue Parkway, and multiple recreation opportunities are nearby. Convenient transit routes and access to major thoroughfares provide connections to downtown Denver, Cherry Creek, Anschutz Medical Campus, and surrounding employment centers. Whether added to an existing portfolio or purchased as an owner-occupied income property, this South Park Hill quadplex combines rental potential, practical amenities, and a location with access to some of central Denver’s most recognizable cultural, recreational, and neighborhood destinations. Interior photos are of Units 2-4 from prior vacancy; Unit 1 and the washer/dryer common area are not pictured.

Elementary School Middle School High School
Park Hill Elementary School Denver Discovery Middle School East High School
Price History
8/8/2026 Listed $765,000
8/23/2026 3$745,000
9/1/2026 3$729,000

General Features

Sewer Public Sewer
Heating Electric,Natural Gas
Cooling Air Conditioning-Room,Evaporative Cooling
Utilities Electricity Connected,Natural Gas Connected
Possession Closing/DOD
Roof Shingle
Appliances Dishwasher,Dryer,Oven,Range,Refrigerator,Washer
Zoning U-SU-C
Architectural Style Traditional
Construction Materials Brick,Vinyl Siding
Exclusions Seller and Tenant's personal property.
Pets Allowed Cats OK,Dogs OK
Year Built 1955
Electric 220 Volts
Tenant Pays Cable TV,Electricity,Gas,Internet
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
OwnerPays Trash Collection,Water
County Denver
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Downington
Facing Direction East
Status Active
Directions Google Maps/GPS.
High School East
City Denver
Senior Community Y/N No
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 3925
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Elementary School Park Hill
Tax Annual Amount 3722
Middle/Junior High School Denver Discovery
Ok to Lease Month To Month
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1

Interior Features

Interior Amenities Ceiling Fan(s)
Basement Crawl Space
Flooring Tile,Wood
Common Walls 2+ Common Walls
Basement (Y/N) No
Above Grade Finished Area 2638
Laundry Features Common Area,Laundry Closet,Main Level

Exterior Features

Fencing Partial
Lot Features Level,Near Public Transit
Water Source Public
Total Parking 4
Lot Size Area 3925
Foundation Details Concrete Perimeter
Building Area Total 2638
Lot Size Acres 0.09
Road Responsibility Public Maintained Road

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 80220

Price
AVG $830K
$730K
Taxes
AVG $3,190
$3,722
Year Built
AVG 1956
1955
Visits
AVG 39
50
Data Provided by Inside Real Estate®