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    1445 Detroit St Denver, CO 80206

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    For Sale
    $2,700,000

    17-unit apartment building in Denver's Congress Park neighborhood.

    Property size:
    10,044 SF

    Property Features for 1445 Detroit St

    General Information

    Standard status
    Active
    Size
    10,044 SF

    Building Details

    Year built
    1968

    Source: NORTHPEAK COMMERCIAL ADVISORS, LLC Agent CONNER PIRETTI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Denver Apartment Building with Parking

    The property at 1445 Detroit is a 17-unit apartment building located in Denver’s Congress Park neighborhood. This four-story property includes 16 covered parking spaces, a valuable amenity for the area. The building has been under the same ownership for over twenty years and presents a value-add opportunity through interior renovations. Similar renovated apartments in the neighborhood are achieving $1,650 per month. The building's systems are in good working order, featuring 70-amp electrical service with new GE breaker panels, an upgraded elevator, and a new roof installed last summer. The HVAC system has been upgraded with separate boilers for building heat and domestic hot water. The property size is 10,044 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mari Dog-Training Dog Trainer

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9544697
    Latitude
    39.739211

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    FAQs

    What type of property is this?
    Apartment building - 17-unit apartment building in Denver's Congress Park neighborhood.
    Where is this apartment building located?
    The property is located at 1445 Detroit St Denver, CO.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Coveted Congress Park location in Denver.; - Value-add opportunity through unit interior renovations to achieve $1,650/month rental income.; - Rare and valuable amenity: **16 covered parking spaces.**
    Request Owner's contact information
    1445 Detroit St Denver, CO 80206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1445 Detroit St Denver, CO 80206
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