Six-Unit Apartment
For Sale
$1,350,000
1200 E 24th, Denver, CO 80205
Six-unit multifamily asset spanning two legal parcels with individual HVAC and hot water systems.
Property SizeContact for details
Days on Market253
Property Features for 1200 E 24th
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,618
Amenities
Composition Roof
Corner
Near Public Transit
Building Details
Year Built
1945
Listing Agency:
SYNERGY ASSOCIATES INC
Listed By:
MATT MOON · License #40007686
(303) 399-9930
Source:
Corcoran
Added: Feb 3
Changed: Oct 11
Last Checked: Oct 12 at 7:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SYNERGY ASSOCIATES INC
Investment Insights
Based on property information with market context.
This six-unit apartment property comprises two separate legal parcels and includes features suited to both ongoing ownership and flexible disposition planning. Each unit has its own washer and dryer, hot water heater, and HVAC system, with central air serving 5 of the 6 units. Parking is provided at a 2-to-1 ratio, while residents pay their own electric and gas expenses.
The property was built in 1945 and has established long-term tenancy. The lot is described as capable of supporting additional units through an ADU. The asset is located near downtown, RiNo, RTD, parks, shopping, and restaurants. A 6.47% cap rate is stated based on actual operating figures.
The property was built in 1945 and has established long-term tenancy. The lot is described as capable of supporting additional units through an ADU. The asset is located near downtown, RiNo, RTD, parks, shopping, and restaurants. A 6.47% cap rate is stated based on actual operating figures.
Key Highlights
- Six apartment units across two separate legal parcels
- Individual washer and dryer, hot water heater, and HVAC system in each unit
- Central air in 5 of the 6 units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 80205, CO
34,967
Population
19,040
Households
1.8
Avg Household Size
34
Median Age
61%
College-Educated
94%
High-School Grad
4.6 sq mi
ZIP Area
7,602
Density / Sq Mi
$98,770
Median Household Income
$69,760
Median Earnings
$1,816
Median Rent
$627,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily asset spanning two legal parcels with individual HVAC and hot water systems.
Where is this apartment building located?
The property is located at 1200 E 24th 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: Six apartment units across two separate legal parcels; Individual washer and dryer, hot water heater, and HVAC system in each unit; Central air in 5 of the 6 units
