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24-Unit Apartment Building

1400 W Mississippi Ave, Denver, CO 80223

For Sale
$2,999,000

The two-story property combines studio, one-bedroom, and two-bedroom residences with updated building systems and common areas.

Property Size20,892 SF
Days on Market8

Property Features for 1400 W Mississippi Ave

General Information

Standard status Active
Size 20,892 SF
Property subtype Multifamily

Site & Location

Neighborhood Ruby Hill
Highway Access Yes

Units

Unit Mix 6 x studio, 6 x 1BR, 12 x 2BR
Multifamily Units 24

Building Details

Building Size 20,892 SF
Year Built 1963
Buildings 1
Stories 2
Listing Agency: Pinnacle Real Estate Advisors
Listed By: Connor Knutson · License CO #100052573
Source: Pinnaclerea
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 12 at 6:11AM

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

Rey
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Investment Insights

Based on property information with market context.

This 24-unit, two-story apartment property was built in 1963 and includes 6 studios, 6 one-bedroom units, and 12 two-bedroom units. Improvements include renovated units and refreshed hallways with new flooring, paint, fixtures, and electrical panels. The boiler, roof, hot water heater, and windows have also been updated.

The property is less than one mile from the Gates redevelopment and offers access to Santa Fe, Interstate 25, and US Hwy 6. The site of a new Denver NWSL women’s soccer stadium, scheduled to open in 2028, is 2 miles away.

Key Highlights

  • 24 apartments: 6 studios, 6 one‑bedroom units, and 12 two‑bedroom units
  • Two‑story building constructed in 1963
  • Unit renovations and common hallway updates include flooring, paint, fixtures, and electrical panels

Property Analytics

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Lease Details

24
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

Demographics for 80223, CO

19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Denver, CO

$265 Jul
$291 Aug
$347 Sep
$340 Oct

Properties on Market for Apartment buildings in Denver

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The two-story property combines studio, one-bedroom, and two-bedroom residences with updated building systems and common areas.
Where is this apartment building located?
The property is located at 1400 W Mississippi Ave Denver, CO.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 24 apartments: 6 studios, 6 one‑bedroom units, and 12 two‑bedroom units; Two‑story building constructed in 1963; Unit renovations and common hallway updates include flooring, paint, fixtures, and electrical panels
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