17-Unit Apartment
For Sale
$3,400,000
1475 Cherry Street, Denver, CO 80220
Seventeen-unit property with a mix of 1- and 2-bedroom apartments, on-site laundry, and dedicated parking.
Property SizeContact for details
Days on Market67
Property Features for 1475 Cherry Street
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Additional Details
Multifamily Units
17
Taxes and HOA fees
Annual Taxes
$21,528
Building Details
Year Built
1946
Listing Agency:
The Old Country Real Estate Group LLC
Listed By:
Joseph Prinzi · License #100043211
(720) 939-3600
Source:
Exitrealty
Added: Jul 3
Changed: Sep 2
Last Checked: Sep 7 at 5:10AM
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 The Old Country Real Estate Group LLC
Investment Insights
Based on property information with market context.
This 17-unit apartment complex offers a versatile mix of one- and two-bedroom apartments. The property includes dedicated parking, a shared courtyard space, and on-site laundry facilities. The seller states the building is currently stabilized with consistent occupancy.
Located within walking distance of Colfax Avenue, the property is positioned for convenient access to restaurants, breweries, coffee shops, and boutique retail. The remarks also note proximity to public transportation and major thoroughfares.
The offering is presented as a value-add opportunity, with potential upside through cosmetic updates to kitchens, bathrooms, and flooring. The seller also highlights potential energy efficiency improvements such as LED lighting, low-flow fixtures, and solar panels. In addition, certain units are described as having reconfiguration potential to better maximize rental income. Seller financing is available, per the public remarks.
Located within walking distance of Colfax Avenue, the property is positioned for convenient access to restaurants, breweries, coffee shops, and boutique retail. The remarks also note proximity to public transportation and major thoroughfares.
The offering is presented as a value-add opportunity, with potential upside through cosmetic updates to kitchens, bathrooms, and flooring. The seller also highlights potential energy efficiency improvements such as LED lighting, low-flow fixtures, and solar panels. In addition, certain units are described as having reconfiguration potential to better maximize rental income. Seller financing is available, per the public remarks.
Key Highlights
- 17‑unit apartment complex built in 1946 with a mix of 1‑bedroom and 2‑bedroom units
- On‑site amenities include dedicated parking, a shared courtyard, and on‑site laundry facilities
- Currently stabilized with consistent occupancy, with room for upside through strategic upgrades
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
2,927
Businesses Nearby
Explore this area
Business Placement
Demographics for 80220, CO
37,233
Population
17,675
Households
2.1
Avg Household Size
37
Median Age
66%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
7,160
Density / Sq Mi
$101,961
Median Household Income
$61,568
Median Earnings
$1,621
Median Rent
$739,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seventeen-unit property with a mix of 1- and 2-bedroom apartments, on-site laundry, and dedicated parking.
Where is this apartment building located?
The property is located at 1475 Cherry Street Denver, CO.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 17‑unit apartment complex built in 1946 with a mix of 1‑bedroom and 2‑bedroom units; On‑site amenities include dedicated parking, a shared courtyard, and on‑site laundry facilities; Currently stabilized with consistent occupancy, with room for upside through strategic upgrades
