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    1568 Vine St Denver, CO 80206

    Sponsored
    For Sale
    $1,600,000

    Luxury Multifamily, High ROI Potential

    Property size:
    3,786 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 6-unit multifamily property at 1568 Vine Street, Denver, CO, presents a compelling investment opportunity. Built in 1896 and meticulously renovated, this 3,786 square foot building boasts modern luxury finishes throughout. Each unit features chef-inspired kitchens, updated plumbing, brand new windows, central air conditioning, and a new furnace. The property also benefits from a 200-amp main electrical panel and a recently replaced water line, ensuring efficient and reliable operation. Residents enjoy the convenience of complimentary private storage, in-unit washer/dryer access, and six free on-site parking spaces. Outdoor amenities create a welcoming atmosphere, including a pergola with a fire pit, garden boxes for tenants' use, and ample space for relaxation. The roof is in excellent condition, and new gutters further enhance the property's durability and longevity. Situated on a 0.14-acre lot, this turnkey property is ideal for investors seeking immediate cash flow and long-term appreciation in a highly desirable Denver location. The property's modern updates, combined with its classic charm, ensure strong rental demand and a high return on investment. This property is available for purchase individually, or as part of a larger portfolio that includes 1266 Lafayette Street (an 8-unit property). The asking price is $1,600,000.

    Property Features for 1568 Vine St

    General Information

    Property type
    Residential income properties
    Square Feet
    3,786 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1896
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.962
    Latitude
    39.74133

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    FAQs

    What type of property is this?
    Residential income property - Luxury Multifamily, High ROI Potential
    Where is this residential income property located?
    The property is located at 1568 Vine St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (303) 962-9555
    Request Owner's contact information
    1568 Vine St Denver, CO 80206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1568 Vine St Denver, CO 80206
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