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Renovated Duplex Portfolio with Private Yards
For Sale
$4,250,000

1578 Meade St, Denver, CO 80204

Five contiguous duplexes totaling 10 units were renovated down to the studs in 2024 and 2025.

Property SizeContact for details
Lot Size0.72 Acres
Days on Market113

Property Features for 1578 Meade St

General Information

Standard status Active
Lot size 0.72 Acres
Property subtype Multifamily
Occupancy 95%

Additional Details

Cap Rate 4.78%
Fenced Yard Yes
Multifamily Units 10

Amenities

private fenced yards
in-unit washer/dryer
covered garage parking
Newly renovated 10-unit portfolio (2024–2025) with modern interiors, strong in-place rents (~$2,705 avg) and minimal near-term capex, supporting stable cash flow from day one.
Prime Sloan's Lake location one block from Denver's top lifestyle amenity, driving consistent tenant demand, rent growth, and long-term appreciation in a high-income demographic.
Five contiguous duplexes on separate parcels provide rare exit flexibility (sell individually or as a portfolio), enhancing liquidity and long-term investment optionality.

Building Details

Year Renovated 2025
Listed By: Jason Hornik · License #License(s): CO: FA. 100070708
Source: Marcusmillichap
Added: May 18 Changed: Aug 7 Last Checked: Sep 7 at 5:05AM

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 Jason Hornik

Investment Insights

Based on property information with market context.

A portfolio of five contiguous duplexes totaling 10 residential units, renovated down to the studs in 2024 and 2025. Interiors feature exposed original brick, soaring ceilings, expansive windows, and abundant natural light. Kitchens and bathrooms have been upgraded with a clean, refined finish.

Each unit includes private fenced yards, in-unit washer/dryer, and covered garage parking. The property is made up of five separate parcels, offering parcel-level flexibility.

Located at 1578 Meade St in Denver, the property is described as being one block from Sloan’s Lake. The offering is presented with an estimated 4.78% (per the provided remarks) and notes an average household income of $131,314 and median home value of $786,918 within a one-mile radius.

Key Highlights

  • Five contiguous duplexes totaling 10 units on approximately 0.72 acres in Sloan’s Lake
  • Renovated down to the studs in 2024 and 2025, including upgraded kitchens and bathrooms
  • Interiors feature exposed original brick, soaring ceilings, and expansive windows for abundant natural light

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Nail Salon Food Market Big Box & Wholesale Store Electrical Service Daycare Center

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

10
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,008
Businesses Nearby

Demographics for 80204, CO

35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
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?
Duplex - Five contiguous duplexes totaling 10 units were renovated down to the studs in 2024 and 2025.
Where is this duplex located?
The property is located at 1578 Meade St Denver, CO.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Five contiguous duplexes totaling 10 units on approximately 0.72 acres in Sloan’s Lake; Renovated down to the studs in 2024 and 2025, including upgraded kitchens and bathrooms; Interiors feature exposed original brick, soaring ceilings, and expansive windows for abundant natural light
More about this property
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