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Apartment Building With Victorian Details

1600 Steele St, Denver, CO 80206

For Sale
$750,000

Corner-lot multifamily property with U-TU-O zoning, UO-3 overlay, separate utility meters, and on-site laundry.

Property Size7,472 SF
Lot Size0.11 Acres
Price / SF$100.37
Days on Market98

Property Features for 1600 Steele St

General Information

Standard status Active
Size 7,472 SF
Lot size 0.11 Acres
Zoning U-TU-O with UO-3 overlay

Site & Location

Neighborhood Cory - Merrill
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 7

Amenities

on-site laundry

Building Details

Year Built 1905
Listing Agency: American City Real Estate
Listed By: Jeffrey Joyce · License CO #1161315
Source: Teamuniteddenver
Added: Aug 8 Changed: Oct 25 Last Checked: Oct 7 at 2:03PM

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 American City Real Estate

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Investment Insights

Based on property information with market context.

Built in 1905, this multifamily property combines a converted Denver Square with additional apartment space at the rear and a basement unit. The interiors retain Victorian-era details, while a central boiler provides heat throughout the property. Gas and electricity are separately metered, and laundry facilities are located on site.

The property occupies a 4,690-square-foot corner lot at 1600 Steele St in Denver’s South City Park area. It is positioned one block from City Park, with access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. Land-use details include U-TU-O zoning and a UO-3 overlay. Buyer verification is required for zoning, permitted use, grandfathered status, rents, leases, unit configuration, and future rental options.

Key Highlights

  • 4,690‑square‑foot corner lot at 1600 Steele St, Denver, CO 80206
  • U‑TU‑O zoning with UO‑3 overlay
  • 1905 construction with preserved Victorian details

Property Analytics

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Lease Details

7
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,439
Businesses Nearby

Demographics for 80206, CO

26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Denver, CO

$265 Jul
$291 Aug
$347 Sep
$340 Oct

Properties on Market for Apartment buildings in Denver

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Corner-lot multifamily property with U-TU-O zoning, UO-3 overlay, separate utility meters, and on-site laundry.
Where is this apartment building located?
The property is located at 1600 Steele St Denver, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,690‑square‑foot corner lot at 1600 Steele St, Denver, CO 80206; U‑TU‑O zoning with UO‑3 overlay; 1905 construction with preserved Victorian details
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