17-Unit Apartment Building with
For Sale
Contact for pricing
1399 Vine St, Denver, CO 80206
A landscaped shared outdoor area complements a mix of one- and two-bedroom residences.
Property Size9,944 SF
Days on Market22
Property Features for 1399 Vine St
General Information
Standard status
Active
Size
9,944 SF
Property subtype
Multifamily
Occupancy
95%
Amenities
17-unit Cheesman Park apartment community steps from Denver's premier urban amenities and green space.
Assumable $2.28M loan at 3.43% fixed through May 2032 provides attractive below-market financing.
In-place rents are approximately 12.2% below market, offering immediate upside through natural lease turnover.
Supply-constrained Cheesman Park location with strong renter demand and limited new multifamily development.
Boutique 17-unit property featuring classic mid-century character and a highly rentable unit mix.
Walkable location near Cheesman Park, Denver Botanic Gardens, Cherry Creek, and Downtown Denver.
Affluent demographics with average household income of approximately $120,500 within one mile.
Positioned to benefit from improving Denver multifamily fundamentals as new supply continues to decline.
Building Details
Building Size
9,944 SF
Units
17
Listed By:
Jason Hornik · License #License(s): CO: FA. 100070708
(303) 328-2064
Source:
Marcusmillichap
Added: Sep 28
Changed: Oct 15
Last Checked: Oct 16 at 5:43AM
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 Jason Hornik
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Investment Insights
Based on property information with market context.
This 17-unit apartment property at 1399 Vine St in Denver was built in 1950 on a 0.29-acre site. The residences include 16 one-bedroom apartments averaging 497 square feet and one two-bedroom apartment measuring 1,000 square feet. Hardwood flooring, natural light, and functional kitchens are among the interior features; mature landscaping frames a central courtyard.
Cheesman Park is two blocks away and encompasses 80 acres, with lawns, trails, trees, and a historic pavilion. The Denver Botanic Gardens, cafés, restaurants, grocery options, and retail and entertainment in Capitol Hill and Cherry Creek are within walking distance. Downtown Denver and the Cherry Creek employment corridor are described as minutes away.
Cheesman Park is two blocks away and encompasses 80 acres, with lawns, trails, trees, and a historic pavilion. The Denver Botanic Gardens, cafés, restaurants, grocery options, and retail and entertainment in Capitol Hill and Cherry Creek are within walking distance. Downtown Denver and the Cherry Creek employment corridor are described as minutes away.
Key Highlights
- 17 apartments: 16 one‑bedroom units averaging 497 square feet and one 1,000‑square‑foot two‑bedroom unit
- Built in 1950 on a 0.29‑acre site
- Central courtyard with mature landscaping
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,254
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A landscaped shared outdoor area complements a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 1399 Vine St Denver, CO.
What are key features of this property?
This property features: 17 apartments: 16 one‑bedroom units averaging 497 square feet and one 1,000‑square‑foot two‑bedroom unit; Built in 1950 on a 0.29‑acre site; Central courtyard with mature landscaping
