Congress Park Multifamily Investment Property

1406 Clayton Street, Denver, CO 80206

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For Sale

$1,025,000

Five-unit property in premium location with stable income and upside.

Type:Commercial

Property size:

3,598 SF

Lot size:

0.10 Acres

Price / SF:

$284/SF

HighLights

Fully leased five‑unit property provides stable income.
Premium Congress Park location near City Park, Cheesman Park, Botanic Gardens, and Downtown Denver.
Updated kitchens and bathrooms offer modern amenities while preserving original features.
Diverse unit mix appeals to a wide range of tenants.
Unique historical significance as a former social destination.
On‑site laundry and two‑car garage offer additional income potential.

We can help!

Listing Contact

JEFF HAHL

For Sale

$1,025,000

Five-unit property in premium location with stable income and upside.

Type:Commercial

Property size:

3,598 SF

Lot size:

0.10 Acres

Price / SF:

$284/SF

Added:: Dec 2, 2025
Days on Market:: 189
Last Refresh:: Apr 5 at 9:01 pm

Property Features for 1406 Clayton Street

General Information

Standard status: Active
Size: 3,598 SF
Lot size: 0.10 Acres
Property subtype: Commercial

Building Details

Year Built: 1897

We can help!

Listing Contact

JEFF HAHL

Listing agent JEFF HAHL

Listing office WEST PEAK PROPERTIES

Listing date Dec 2, 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 WEST PEAK PROPERTIES

HighLights

Fully leased five‑unit property provides stable income.
Premium Congress Park location near City Park, Cheesman Park, Botanic Gardens, and Downtown Denver.
Updated kitchens and bathrooms offer modern amenities while preserving original features.
Diverse unit mix appeals to a wide range of tenants.
Unique historical significance as a former social destination.
On‑site laundry and two‑car garage offer additional income potential.

Overview

This fully leased, five-unit property, updated in 1897, is located in Congress Park. The building retains original hardwood floors, moldings, fireplaces, stained glass, and woodwork, complemented by updated kitchens and bathrooms with newer finishes. The unit mix includes spacious one-bedroom and two-bedroom layouts, a studio, and a top-floor attic apartment, each featuring character, tall ceilings, and natural light. The property, once a social destination, now functions as an investment. Heat is provided by a central boiler, utilities are master-metered, and on-site laundry is currently free. A two-car garage offers additional revenue potential. Situated between City Park, Cheesman Park, and the Botanic Gardens, and minutes from Downtown Denver, this investment property offers strong demand, low vacancy risk, and potential to elevate rents and value through updates. The property size is 3598 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$105.8k	$29.40
− Vacancy	−$6.5k	−$1.79
EGI	$99.3k	$27.61
− OpEx	−$44.7k	−$12.42
NOI	$54.6k	$15.18

3,598 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$780.4K

$682.9K – $910.5K (±1% cap)

NOI $54,631 @ 7.0% cap · market cap 5.33%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.15M

$1.00M – $1.34M (±1% cap)

NOI $80,176 @ 7.0% cap · market cap 7.82%

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: -104.955
Latitude: 39.7386

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For sale
Apartment buildings
CO
Denver
80206
1406 Clayton Street

What type of property is this?

Apartment building - Five-unit property in premium location with stable income and upside.

Where is this apartment building located?

The property is located at 1406 Clayton Street Denver, CO.

What is the asking price?

The asking price for this property is $1,025,000.

What are key features of this property?

This property features: Fully leased five‑unit property provides stable income.; Premium Congress Park location near City Park, Cheesman Park, Botanic Gardens, and Downtown Denver.; Updated kitchens and bathrooms offer modern amenities while preserving original features.