1739 North Washington Street Denver, CO 80203
Four-unit property with updated interiors and immediate rental upside.
Property Features for 1739 North Washington Street
General Information
- Standard status
- Active
- Size
- 2,489 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing office Pinnacle Real Estate Advisors (303) 962-9555
Listing date May 14, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Value‑add investment opportunity with below‑market rents.
- Updated units with modern kitchens, bathrooms, and flooring.
- In‑unit mini‑split systems providing air conditioning.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $25.20 |
| − Vacancy | −$3.6k | −$1.46 |
| EGI | $59.1k | $23.74 |
| − OpEx | −$17.7k | −$7.12 |
| NOI | $41.4k | $16.62 |
