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    1588 Macon St Denver, CO 80010

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    For Sale
    $1,125,000

    Fully leased investment property with updated units in good condition.

    Property size:
    5,320 SF
    Lot size:
    0.16 Acres

    Property Features for 1588 Macon St

    General Information

    Standard status
    Active
    Size
    5,320 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1964
    Source: Corcoran

    Listing Agent: Preston Newberry

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

    Overview

    Well-Maintained Eight-Unit Multifamily Property

    This is an eight-unit multifamily property. The property is fully leased and has been well cared for. The units are in good shape and have some updates, making it a potential investment property. The property size is 5320 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8549566
    Latitude
    39.7416796

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    FAQs

    What type of property is this?
    Apartment building - Fully leased investment property with updated units in good condition.
    Where is this apartment building located?
    The property is located at 1588 Macon St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - Fully leased, providing immediate rental income.; - Well-cared for property, indicating good maintenance.; - Great investment property, suggesting strong potential returns.
    (303) 962-4272
    Request Owner's contact information
    1588 Macon St Denver, CO 80010
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    Denver, CO 80010
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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
    1588 Macon St Denver, CO 80010
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