Denver Multifamily Investment
For Sale
$1,675,000
1600 Yates St, Denver, CO 80204
Five-unit property near Sloan's Lake with value-add potential.
Days on Market100
Property Features for 1600 Yates St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1979
Listing Agency:
(303) 547-4561
Listed By:
Eduardo Rodriguez · License #100015555
(303) 547-4561
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 5:37AM
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 Eduardo Rodriguez
Investment Insights
Based on property information with market context.
This five-unit property is situated in Denver, one block south of Sloan's Lake and park. The location offers access to bars, restaurants, breweries, paddle boarding, views, and festivals. It is also near 17th Street, Sheridan Boulevard, Colfax Avenue bus routes, and the 12th/Sheridan Light Rail Station, with highway access to downtown and the mountains. The apartments feature granite counters, stain grade cabinets, and luxury vinyl tile flooring. Currently offered at a 6.28% CAP Rate, the property presents a value-add investment opportunity with potential for contemporary finishes and updated rents. The bike score is 96, indicating it is a biker's paradise. The walk score is 78, indicating it is very walkable, and the transit score is 47, indicating some transit options are available.
Key Highlights
- Excellent income‑producing 5‑unit property with a 6.28% CAP Rate.
- Prime location in Sloan's Lake, close to the lake, parks, bars, restaurants, and breweries.
- Value‑add investment opportunity with potential for increased rents through contemporary updates.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit property near Sloan's Lake with value-add potential.
Where is this apartment building located?
The property is located at 1600 Yates St Denver, CO.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Excellent income‑producing 5‑unit property with a **6.28% CAP Rate**.; Prime location in Sloan's Lake, close to the lake, parks, bars, restaurants, and breweries.; Value‑add investment opportunity with potential for increased rents through contemporary updates.
