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Denver Fourplex Near University
For Sale
$1,150,000

1938 S Columbine St, Denver, CO 80210

Well-maintained fourplex near the University of Denver.

Days on Market100

Property Features for 1938 S Columbine St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1951
Listing Agency: Unique Properties, Inc
Listed By: Will McCauley
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 23 at 9:27AM

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 Unique Properties, Inc

Investment Insights

Based on property information with market context.

Columbine Manor is a four-plex located at 1938 S Columbine Street in Denver, Colorado. Built in 1951, the property is positioned in the heart of the University of Denver rental core. The building consists of three one-bedroom units and one two-bedroom unit, each with one bathroom. All units feature in-unit washers and dryers. The property also offers front and rear entrances, private yards, and four garages. The property is zoned G-MU-3, allowing for higher-density mixed-use development. The location benefits from immediate proximity to the University of Denver, supporting a large population of students, faculty, staff, and young professionals. The area has a bike score of 83, making it very bikeable, a walk score of 72, making it very walkable, and a transit score of 47, indicating some transit options. This location drives strong occupancy, resilient rents, and long-term leasing stability. Columbine Manor offers investors the opportunity to own a University of Denver-anchored multifamily asset with income and future development potential in a sought-after neighborhood.

Key Highlights

  • Prime location in the heart of the University of Denver rental core, a high‑demand, supply‑constrained submarket.
  • Strong and consistent tenant base driven by proximity to the University of Denver.
  • Zoned G‑MU‑3, allowing for potential higher‑density mixed‑use redevelopment or expansion.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Barber Shop Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

892
Businesses Nearby

Demographics for 80210, CO

39,394
Population
18,496
Households
2.1
Avg Household Size
33
Median Age
76%
College-Educated
99%
High-School Grad
6.1 sq mi
ZIP Area
6,458
Density / Sq Mi
$120,156
Median Household Income
$61,607
Median Earnings
$1,963
Median Rent
$870,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained fourplex near the University of Denver.
Where is this quadplex located?
The property is located at 1938 S Columbine St Denver, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime location in the heart of the University of Denver rental core, a high‑demand, supply‑constrained submarket.; Strong and consistent tenant base driven by proximity to the University of Denver.; Zoned G‑MU‑3, allowing for potential higher‑density mixed‑use redevelopment or expansion.
More about this property
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