Price Reduction
Listed By:
NorthPeak Commercial Advisors, LLC;
Address
2105 E 16th Avenue, Denver, CO
Price
$ 840,000
Property Attributes
  • MLS#9036209
  • TypeMulti-Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodWyman
  • Zip80206
  • StyleQuadruplex
  • Year Built1893
  • Taxes$ 4405
  • Price$ 840,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3495
  • Lot Size0.07 Acres
Data Source:
REColorado (MTOMLS)
Property Description

2105 E 16th Avenue is a charming 6-unit brick multifamily building located in Denver’s highly desirable City Park West neighborhood. Built in 1893 and zoned G-RO-3, the property consists of (3) studio units and (3) 1bed/1bath units, offering a straightforward mix well-suited to the core Denver urban renter. City Park West is one of Denver’s most walkable and bikeable neighborhoods, positioned just a few blocks from City Park, the Denver Zoo, and the Denver Museum of Nature and Science. Presbyterian St. Luke’s Medical Center sits just 0.6 miles away, and East Colfax Avenue’s restaurants, bars, and nightlife are steps from the front door, giving tenants an A+ urban lifestyle at an accessible price point. The property is currently 100% occupied and has benefited from consistent capital investment over the years, including all new electrical completed approximately 15 years ago, vinyl windows 5 years ago, new water heater in 2025, and on-site laundry. Separately metered electric reduces owner utility exposure and simplifies operations. With current rents modestly below market, a buyer can expect meaningful upside through natural lease-up turnover without the need for significant capital outlay. Highlights: Sub $850k for 6 units in a premium neighborhood All new electrical completed approximately 15 years ago Vinyl windows and on-site laundry Separately metered electric reduces owner utility exposure Highly walkable and bikeable location with easy access to East Colfax dining, nightlife, and retail

Elementary School Middle School High School
Whittier E-8 Elementary School Mcauliffe Manual Middle School East High School
Price History
9/21/2026 Listed $875,000
9/24/2026 4$840,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Other
Roof Unknown
Zoning G-RO-3
Construction Materials Brick
Exclusions n/a
Year Built 1893
Levels Three Or More
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 72590
County Denver
Operating Expense 20248
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Wyman
Status Active
High School East
City Denver
Senior Community Y/N No
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 2950
Listing Terms Other
Elementary School Whittier E-8
Tax Annual Amount 4405
Middle/Junior High School Mcauliffe Manual
Structure Type Quadruplex
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Denver 1
Elementary School District Denver 1
Cap Rate 6.2

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Above Grade Finished Area 2875
Total Bedrooms 5
Total Baths 4

Exterior Features

Lot Features Level
Lot Size Area 2950
Building Area Total 3495
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 80206

Price
AVG $1.12M
$840K
Taxes
AVG $5,959
$4,405
Year Built
AVG 1903
1893
Visits
AVG 50
5
Data Provided by Inside Real Estate®