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Victorian Apartment Building
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1340 Race St, Denver, CO 80206

Historic multifamily property with six units, upgraded major systems, and a previously occupied basement unit.

Property SizeContact for details
Days on Market143

Property Features for 1340 Race St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Pinnacle Real Estate Advisors
Listed By: Jim Knowlton · License #CO FA100032419
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 4:24PM

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 Pinnacle Real Estate Advisors

Investment Insights

Based on property information with market context.

Constructed in 1898, this Victorian multifamily property contains six existing apartments: two one-bedroom units and four studios with separated sleeping areas. A basement unit that was previously occupied provides an additional unit configuration within the building. Recent capital work includes installation of a new roof, boiler, and hot water heater, along with completed tuckpointing.

The property is located at 1340 Race St in Denver, near Cheesman Park, City Park, and Congress Park. Colfax Avenue transit routes are nearby, and Downtown Denver is approximately a 10-minute drive away. Other operational possibilities identified for the property include utility bill-backs, paid parking, and coin- or app-operated laundry.

Key Highlights

  • Six existing units: two 1‑bedroom apartments and four studios
  • 1898 Victorian apartment building at 1340 Race St, Denver
  • Previously occupied basement unit offers an additional unit configuration

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Nail Salon Daycare Center Electrical Service Furniture & Home Goods

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

4,254
Businesses Nearby

Demographics for 80206, CO

26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
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 - Historic multifamily property with six units, upgraded major systems, and a previously occupied basement unit.
Where is this apartment building located?
The property is located at 1340 Race St Denver, CO.
What are key features of this property?
This property features: Six existing units: two 1‑bedroom apartments and four studios; 1898 Victorian apartment building at 1340 Race St, Denver; Previously occupied basement unit offers an additional unit configuration
(303) 962-9555 Call to check price and availability
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