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Denver Multifamily Investment Opportunity
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1201 E 16th Ave, Denver, CO 80218

16-18 unit residential property in prime Denver location.

Property Size10,640 SF
Days on Market184

Property Features for 1201 E 16th Ave

General Information

Standard status Active
Size 10,640 SF
Class C
Property subtype Multi-Family

Building Details

Year Built 1910
Stories 1

Properties For Sale

at 1201 E 16th Ave Contact us

Available Space

Suite
1201 E 16th Ave
Size
10,640 SF
Availability
Sale
Contact us
Listing Agency: Transwestern | Denver
Listed By: John Blackshire
Source: Transwestern
Added: Mar 7 Changed: Aug 25 Last Checked: Sep 7 at 4:32AM

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 Transwestern | Denver

Investment Insights

Based on property information with market context.

The Joy House is a residential property offering between 16 and 18 units. It is located at the intersection of City Park West and Uptown, Denver, placing it within walking distance of cultural and medical hubs. Nearby landmarks include City Park, Presbyterian St. Luke’s, and St. Joseph Hospitals, as well as restaurants along 17th Avenue and Colfax. The property, constructed with an early 20th-century facade, presents an opportunity for value-add renovation to increase rents and convert common areas back into rental units. The building has a total size of 10640 square feet. Its location is in an infill area surrounded by urban neighborhoods.

Key Highlights

  • Irreplaceable infill location in the heart of Denver's most desirable urban neighborhoods (City Park West & Uptown).
  • Walking distance to major cultural and medical hubs (City Park, Presbyterian St. Luke’s & St. Joseph Hospitals).
  • Proximity to thriving restaurant scenes along 17th Avenue and Colfax.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Electrical Service Mobile Phone Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,146
Businesses Nearby

Demographics for 80218, CO

19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 16-18 unit residential property in prime Denver location.
Where is this apartment building located?
The property is located at 1201 E 16th Ave Denver, CO.
What are key features of this property?
This property features: Irreplaceable infill location in the heart of Denver's most desirable urban neighborhoods (City Park West & Uptown).; Walking distance to major cultural and medical hubs (City Park, Presbyterian St. Luke’s & St. Joseph Hospitals).; Proximity to thriving restaurant scenes along 17th Avenue and Colfax.
More about this property
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