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$2,500,000

1201 E Cedar Ave, Denver, CO 80209

Apartment buildings

Property SizeContact for details
Days on Market2

Property Features for 1201 E Cedar Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 1%

Amenities

Rare opportunity to acquire five townhomes on a 14,900 SF corner parcel in Washington Park, one of Denver's most sought-after neighborhoods.
Irreplaceable location steps from Washington Park and minutes from Cherry Creek, South Gaylord, South Pearl, and Downtown Denver.
Existing in-place income with upside through interior renovations, basement build-outs, and potential future unit sell-off strategies.
Large-format 0.34-acre site with U-TU-C zoning and 4.5 original platted lots offers exceptional long-term land value and flexibility
Surrounded by Denver's most affluent neighborhoods, where home values exceed $1.5M, creating strong barriers to homeownership and rental demand.

Building Details

Units 5
Listed By: Greg Parker · License #License(s): CO: FA.100074810
Source: Marcusmillichap
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 9 at 3:54PM

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 Greg Parker

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Daycare Center HVAC Service Nursing Home Locksmith Food Market (Bike/Boat/Book/etc) Store

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

1,178
Businesses Nearby

Demographics for 80209, CO

27,061
Population
16,045
Households
1.7
Avg Household Size
38
Median Age
80%
College-Educated
99%
High-School Grad
3.5 sq mi
ZIP Area
7,732
Density / Sq Mi
$118,759
Median Household Income
$81,604
Median Earnings
$1,981
Median Rent
$971,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Where is this apartment building located?
The property is located at 1201 E Cedar Ave Denver, CO.
What is the asking price?
The asking price for this property is $2,500,000.
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