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    2561 Jellison St Denver, CO 80215

    For Sale
    $1,575,000

    Eight-unit multifamily property in Lakewood with rental upside potential.

    Property size:
    6,552 SF

    Property Features for 2561 Jellison St

    General Information

    Size
    6,552 SF

    Building Details

    Year built
    1959

    Source: Josh Newell Agent Josh Newell

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

    Overview

    Lakewood 8-Unit Multifamily Property

    This well-maintained, eight-unit multifamily property is located in Lakewood. Each unit features two bedrooms and one bathroom. The interiors have been recently updated. Each unit includes furnaces, water heaters, and a washer and dryer. The property benefits from attractive landscaping and off-street parking. Situated adjacent to Crown Hill Park, the location is also one block away from the Gold’s Marketplace redevelopment. There is an opportunity to split the lot into two and have individual four-plexes. A large, fenced yard is shared amongst the tenants. The property offers immediate rental upside. City-mandated residential growth restrictions are expected to rapidly increase rents and values in Lakewood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.1077713
    Latitude
    39.7540258

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property in Lakewood with rental upside potential.
    Where is this apartment building located?
    The property is located at 2561 Jellison St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: - Immediate rental upside for investors.; - Excellent location adjacent to Crown Hill Park.; - Opportunity to split lot into two and have individual 4-plexes.
    (303) 962-9559
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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
    2561 Jellison St Denver, CO 80215
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