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Vintage Apartment Building
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1530 Pearl St, Denver, CO 80203

Fourteen-unit property with a mix of studio and one-bedroom residences near Denver’s urban core.

Property SizeContact for details
Days on Market143

Property Features for 1530 Pearl St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 8 x studio, 6 x 1BR
Multifamily Units 14

Additional Details

Cap Rate 5.4%
Listing Agency: NORTHPEAK Commercial Advisors
Listed By: Kevin Calame · License #CO 100022816
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:15PM

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 NORTHPEAK Commercial Advisors

Investment Insights

Based on property information with market context.

This vintage apartment building at 1530 Pearl St in Denver contains 14 residential units, including 8 studios and 6 one-bedroom apartments. The property offers a defined unit mix within a classic existing structure and is currently operating at a 5.4% cap rate.

The building is positioned at Colfax and Pearl, with walkable access to Denver’s urban core. Its location and varied apartment configuration provide a clear overview of the existing residential operation for buyers evaluating an income-producing multifamily property.

Key Highlights

  • 14‑unit apartment building at 1530 Pearl St, Denver, CO 80203
  • Unit mix includes 8 studio apartments and 6 one‑bedroom apartments
  • Currently achieving a 5.4% cap rate on existing operations

Property Analytics

Current Use

Parking Garage Parking Lot & Garage 1530 Pearl St ... Parking Lot & Garage AirGarage | Public Parking Parking Lot & Garage Avail car sharing Car Rental Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Electrical Service Daycare Center Veterinary Clinic Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

9,922
Businesses Nearby

Demographics for 80203, CO

22,883
Population
16,887
Households
1.4
Avg Household Size
33
Median Age
69%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
20,803
Density / Sq Mi
$74,654
Median Household Income
$59,229
Median Earnings
$1,569
Median Rent
$462,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen-unit property with a mix of studio and one-bedroom residences near Denver’s urban core.
Where is this apartment building located?
The property is located at 1530 Pearl St Denver, CO.
What are key features of this property?
This property features: 14‑unit apartment building at 1530 Pearl St, Denver, CO 80203; Unit mix includes 8 studio apartments and 6 one‑bedroom apartments; Currently achieving a 5.4% cap rate on existing operations
(303) 263-6260 Call to check price and availability
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