636 S Quitman Street, Denver, CO 80219
Local realty services provided by:ERA Shields Real Estate
636 S Quitman Street,Denver, CO 80219
$1,610,000
- 7 Beds
- 14 Baths
- 4,060 sq. ft.
- Multi-family
- Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:7578249
Source:ML
Price summary
- Price:$1,610,000
- Price per sq. ft.:$396.55
About this home
Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued rent growth.
The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost.
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Home facts
- Year built:1952
- Subdivision & Development:Belmont Park Annex
- Listing ID #:7578249
Rooms and interior
- Bedrooms:7
- Total bathrooms:14
- Living area:4,060 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1952
- Building area:4,060 sq. ft.
- Lot Features:Level
- Levels:1 Story
Schools
- High school:Abraham Lincoln
- Middle school:Kepner
- Elementary school:Castro
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,610,000
- Price per sq. ft.:$396.55
- Tax amount:$8,303 (2025)
Parking
- Total parking spaces:29
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