3445 W Mansfield Avenue, Denver, CO 80236
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3445 W Mansfield Avenue,Denver, CO 80236
$1,199,900
- 10 Beds
- 5 Baths
- 4,515 sq. ft.
- Multi-family
- Active
Listed by: ivelina mileva
Office: equity colorado real estate
MLS#:4416130
Source:ML
Price summary
- Price:$1,199,900
- Price per sq. ft.:$265.76
About this home
Turnkey Fourplex Investment Opportunity with Expansion Potential & Adjacent Land Upside!
Exceptional value-add multifamily investment opportunity located in a Qualified Opportunity Zone in the rapidly growing Sheridan/Denver market! This remodeled income-producing property offers a rare combination of strong in-place cash flow and future development potential.
Spanning approximately 4,515 sq ft,the property features a desirable unit mix including 2-and 3-bedroom units plus a studio. One of the property's standout value-add features is a unit currently leased to two separate tenants, generating enhanced rental income. All units are currently occupied, and leases will transfer with the sale.
The owner has invested heavily in recent capital improvements, including three new furnaces, HVAC upgrades, updated electrical service, critical sewer infrastructure work, and replacement of most windows throughout the property. Tenant amenities set this property apart with parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and even a basketball court.
Positioned on an oversized lot with favorable zoning characteristics, the property also presents compelling long-term redevelopment and expansion potential. Current zoning may allow future expansion up to 8 units, subject to Buyer obtaining all required approvals and permits from the City of Sheridan. Seller is separately offering the adjacent land parcel located at 3435 ½ W Mansfield Ave (MLS #3939482), creating exciting possibilities for expanded parking,or future development opportunities.
Conveniently located minutes from Downtown Denver,Santa Fe Drive, and US-285, this property benefits from strong rental demand driven by accessibility, redevelopment activity, and proximity to major employment, shopping and dining.
Ideal for investors seeking immediate cash flow, long-term appreciation, or future development upside in one of the Denver metro area's evolving investment corridors....
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Home facts
- Year built:1920
- Listing ID #:4416130
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator
- Living area:4,515 sq. ft.
Heating and cooling
- Cooling:Central Air, Evaporative Cooling
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1920
- Building area:4,515 sq. ft.
- Lot area:0.5 Acres
- Lot Features:Level, Near Public Transit
- Construction Materials:Block, Wood Siding
- Exterior Features:Private Yard, Rain Gutters
- Levels:1 Story
Schools
- High school:Sheridan
- Middle school:Fort Logan Northgate
- Elementary school:Alice Terry
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,900
- Price per sq. ft.:$265.76
- Tax amount:$4,822 (2025)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Carbon Monoxide Detector(s), Gas Water Heater, Smoke Detector(s)
Parking
- Total parking spaces:15
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