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    54 South Pennsylvania St Denver, CO 80209

    For Sale
    $1,375,000

    Vintage Victorian mansion in West Washington Park neighborhood.

    Property size:
    4,195 SF

    Property Features for 54 South Pennsylvania St

    General Information

    Size
    4,195 SF

    Building Details

    Year built
    1890

    Source: Mark Knowlton Agent Mark Knowlton

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

    Overview

    Denver Multifamily Investment Opportunity

    This vintage Victorian style mansion with a two-story carriage house, located in the West Washington Park Neighborhood of Denver, Colorado, is available for sale. The property, situated on a 6,250 square foot lot, has not been offered for sale in 30 years. The building is zoned G-MU-3, presenting opportunities for redevelopment or renovation. The property consists of five one-bedroom, one-bathroom units, two boarding rooms, and a one-bedroom, one-and-a-half-bathroom unit on the first floor of the main house. The building has a total size of 4,195 square feet. The carriage house received a new roof in 2018, and the interior hallways of the main house were remodeled in 2019. The property is located in the Speer Neighborhood, just north of Washington Park, and is within walking distance of local retail and restaurants on South Pennsylvania and South Broadway, including Carmines on Penn, Rise and Shine, Uncle, and The Spot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant 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
    -104.9813388
    Latitude
    39.7155858

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    FAQs

    What type of property is this?
    Apartment building - Vintage Victorian mansion in West Washington Park neighborhood.
    Where is this apartment building located?
    The property is located at 54 South Pennsylvania St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Prime location in the highly coveted West Washington Park Neighborhood, Denver, CO.; - Rare opportunity: First time on the market in 30 years.; - Value-add potential: Opportunity to renovate or redevelop the site (zoned G-MU-3 on a 6,250 SF lot).
    (719) 648-0946
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    Denver, CO 80209
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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
    54 South Pennsylvania St Denver, CO 80209
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