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    1234 York St Denver, CO 80206

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    For Sale
    $1,400,000

    Charming, updated 7-unit building in Central Denver's Cheesman Park.

    Property size:
    3,212 SF

    Property Features for 1234 York St

    General Information

    Size
    3,212 SF

    Building Details

    Year built
    1888

    Source: Robert Lawson Agent Robert Lawson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multifamily Investment Property

    Located in Denver's Cheesman Park neighborhood, this updated multifamily investment property offers a turn-key opportunity. Constructed in 1888, the 3,212 square foot building features 7 units. The property benefits from several updates, including a roof and full sewer replacement in 2019, a hot water heater and furnace from 2016, and a concrete sidewalk and front walkway installed in 2021. The property has 6 on-site parking spaces and a private fenced patio. Zoned G-MU-3, the property allows for flexible usage. The location is near Cheesman Park, Congress Park, and the Denver Botanic Gardens, offering convenient access to cultural, culinary, and recreational experiences. The property is positioned to capitalize on the demand for urban living, with dining and entertainment options nearby. Cheesman Park is known for its green space, jogging trails, and the Denver Botanic Gardens. Residents have easy access to downtown Denver attractions and the University of Colorado-Denver campus.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Arapahoe
    State
    Colorado
    Longitude
    -104.959446
    Latitude
    39.7357804

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    FAQs

    What type of property is this?
    Apartment building - Charming, updated 7-unit building in Central Denver's Cheesman Park.
    Where is this apartment building located?
    The property is located at 1234 York St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Turn-key Multifamily investment opportunity with an easy path to a 6%+ CAP Rate at market rents.; - Prime Central Denver location near Cheesman Park, Congress Park, and Denver Botanic Gardens.; - Updated building with recent improvements including roof (2019), sewer (2019), hot water heater and furnace (2016), and concrete walkway (2021).
    (970) 946-9365
    Request Owner's contact information
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    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
    1234 York St Denver, CO 80206
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