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    1266 Lafayette St Denver, CO 80218

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    For Sale
    $2,100,000

    Modernized 8-unit building in Cheesman Park with strong rental income.

    Property size:
    5,286 SF

    Property Features for 1266 Lafayette St

    General Information

    Size
    5,286 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

    Cheesman Park Multifamily Investment Property

    This modernized 8-unit multifamily property is located in the Cheesman Park submarket. The 5,286 SF building features a contemporary renovation, blending charm with modern appeal. The property includes a new roof with solar technology, 3 garages, storage, updated furnace and hot water heaters, and onsite laundry facilities. Outdoor common areas include a gated patio with a fire pit. Built in 1888, the property is zoned G-MU-3. The location offers proximity to Cheesman Park and the Denver Botanic Gardens, providing residents with green space and cultural attractions. The property offers an attractive assumable debt at 3.34% interest-only and 8.10% cash-on-cash return. It can be purchased with another property as a portfolio.
    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
    -104.9703684
    Latitude
    39.7363682

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    FAQs

    What type of property is this?
    Apartment building - Modernized 8-unit building in Cheesman Park with strong rental income.
    Where is this apartment building located?
    The property is located at 1266 Lafayette St Denver, CO.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Attractive assumable debt at 3.34% interest-only and 8.10% cash-on-cash return; - Prime location in the desirable Cheesman Park area; - **Fully custom contemporary renovation inside and out**
    (970) 946-9365
    Request Owner's contact information
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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
    1266 Lafayette St Denver, CO 80218
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