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Denver Multifamily Near Cheesman Park

1360 N Franklin Street, Denver, CO 80218

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For Sale

$1,100,000

Charming, renovated six-unit property near Cheesman Park in Denver.

Type:Commercial

Property size:

4,604 SF

Lot size:

0.11 Acres

Price / SF:

$238/SF

HighLights

Premier Denver location: Half a block from Cheesman Park, with exceptional walkability to parks, retail, dining, and transit.
Six fully renovated 1BD/1BA units with modern finishes.
Each unit includes private outdoor space (balcony or porch).
Four on‑site parking spaces provide additional income.
Classic 1901 brick construction featuring old‑world charm and architectural character.
Newer furnace.

We can help!

Listing Contact

TEAL NIPP HAGAN

For Sale

$1,100,000

Charming, renovated six-unit property near Cheesman Park in Denver.

Type:Commercial

Property size:

4,604 SF

Lot size:

0.11 Acres

Price / SF:

$238/SF

Added:: Nov 25, 2025
Days on Market:: 196
Last Refresh:: Apr 5 at 9:04 pm

Property Features for 1360 N Franklin Street

General Information

Standard status: Active
Size: 4,604 SF
Lot size: 0.11 Acres
Property subtype: Commercial

Building Details

Year Built: 1901

We can help!

Listing Contact

TEAL NIPP HAGAN

Listing agent TEAL NIPP HAGAN License #100049712

Listing office KAUFMAN HAGAN

Listing date Nov 25, 2025

Source Corcoran

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 KAUFMAN HAGAN

HighLights

Premier Denver location: Half a block from Cheesman Park, with exceptional walkability to parks, retail, dining, and transit.
Six fully renovated 1BD/1BA units with modern finishes.
Each unit includes private outdoor space (balcony or porch).
Four on‑site parking spaces provide additional income.
Classic 1901 brick construction featuring old‑world charm and architectural character.
Newer furnace.

Overview

This six-unit multifamily property is located half a block from Cheesman Park in Denver. Constructed in 1901, the 4,604-square-foot building retains its original architectural character, complemented by renovated one-bedroom, one-bathroom units. Each unit includes private outdoor space in the form of a balcony or porch. The property includes a large backyard and four off-street parking spaces. The building features brick construction and a pitched roof. Heating is provided by a gas furnace, and air conditioning is window-mounted. The property is zoned U-RH-3A. Situated in a sought-after central Denver neighborhood, the location offers walkability to parks, retail, dining, and transit. The 4,687-square-foot lot is located in one of Denver’s desirable and historically rich neighborhoods. The property has individual gas and electric meters, with master water and sewer. The building has three stories.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$135.4k	$29.40
− Vacancy	−$8.3k	−$1.79
EGI	$127.1k	$27.61
− OpEx	−$57.2k	−$12.42
NOI	$69.9k	$15.18

4,604 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$998.6K

$873.8K – $1.17M (±1% cap)

NOI $69,905 @ 7.0% cap · market cap 6.35%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.47M

$1.28M – $1.71M (±1% cap)

NOI $102,593 @ 7.0% cap · market cap 9.33%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Denver
County: Arapahoe
State: Colorado
Longitude: -104.968
Latitude: 39.7379

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For sale
Apartment buildings
CO
Denver
80218
1360 N Franklin Street

What type of property is this?

Apartment building - Charming, renovated six-unit property near Cheesman Park in Denver.

Where is this apartment building located?

The property is located at 1360 N Franklin Street Denver, CO.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Premier Denver location: Half a block from Cheesman Park, with exceptional walkability to parks, retail, dining, and transit.; Six fully renovated 1BD/1BA units with modern finishes.; Each unit includes private outdoor space (balcony or porch).