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    1568 Vine St Denver, CO 80206

    For Sale
    $1,350,000

    Six-unit multifamily property with modern renovations and on-site parking.

    Lot size:
    0.14 Acres

    Property Features for 1568 Vine St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1896

    Source: Pinnacle Real Estate Advisors Agent Robert Lawson

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

    Overview

    Renovated Multifamily Property with Parking

    This fully custom-renovated 6-unit multifamily property, built in 1896, offers modern luxury and enduring quality. The 3,786 square foot building has been updated to perfection and features chef's kitchens, new plumbing, windows, A/C, and a furnace, along with a 200-amp main electric panel and a new water line. Residents benefit from complimentary private storage, washer/dryer access, and six free on-site parking spaces. Outdoor amenities include a pergola with a fire pit, garden boxes for planting, and ample space for relaxation. The roof is in great condition, and new gutters ensure durability. This turnkey property is an ideal choice for income multifamily investors seeking immediate appeal, a coveted rental location, and long-term value. The property is located in Denver, CO.
    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
    -104.961906
    Latitude
    39.741304

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with modern renovations and on-site parking.
    Where is this apartment building located?
    The property is located at 1568 Vine St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Fully renovated 6-unit multifamily property with modern luxury; - High Cap Rate: 7.15%; - Turnkey property ideal for income investors
    (303) 962-9555
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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
    1568 Vine St Denver, CO 80206
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