Historic Triplex in Capitol
For Sale
$1,599,000
1107 N Downing St, Denver, CO 80218
Renovated triplex in Capitol Hill with strong rental income.
Property Size2,651 SF
Lot Size0.09 Acres
Price / SF$984
Days on Market166
Property Features for 1107 N Downing St
General Information
Standard status
Active
Size
2,651 SF
Lot size
0.09 Acres
Property subtype
Investment
Lease Term
12 months
Taxes and HOA fees
Annual Taxes
$5,972
Building Details
Building Size
2,651 SF
Year Built
1888
Listing Agency:
LoKation
(720) 628-0084
Listed By:
Ben Drotar · License #100088746
(720) 628-0084
Source:
Elliman
Added: Mar 12
Changed: Aug 21
Last Checked: Aug 24 at 6:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation
Investment Insights
Based on property information with market context.
This historic home, constructed in 1888 and located in the Capital Hill neighborhood, has undergone extensive renovations with approximately $350,000 in upgrades. The updates include a new electrical panel with an EV charging station, new siding and paint, high-end interior finishes and paint, updated floor plans, new kitchens and bathrooms, new appliances, new furnaces and central air in each unit, a new exterior drain system, new decking on the second-floor deck, new security locks, and a new roof. The property has been converted into a triplex. Unit one, located in the basement, is a 1,000 square foot one-bedroom, one-bathroom unit. The main floor unit offers 1,090 square feet with two bedrooms, one bathroom, and its own laundry. The third unit spans the second and third floors, featuring 1,625 square feet with three bedrooms, two bathrooms, two balconies, and a primary suite occupying the entire top floor. All units are currently rented. The basement unit is leased through May 31, 2026, and includes a non-conforming bedroom and kitchen. The main floor unit is leased through September 30, 2026, and the upper unit is leased through January 1, 2027. The carriage house in the back alley is a separate property with a separate owner. This property presents a low-maintenance investment opportunity.
Key Highlights
- Completely renovated with $350,000 in upgrades, ensuring low maintenance and modern living.
- Triplex configuration offers immediate rental income from all three units.
- Located in the desirable Capital Hill neighborhood.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 80218, CO
19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Renovated triplex in Capitol Hill with strong rental income.
Where is this triplex located?
The property is located at 1107 N Downing St Denver, CO.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Completely renovated with $350,000 in upgrades, ensuring low maintenance and modern living.; Triplex configuration offers immediate rental income from all three units.; Located in the desirable Capital Hill neighborhood.
