2337 E 12th Ave Denver, CO 80206
Three-unit apartment building in Denver's Congress Park/Cheesman Park neighborhood.
- Added:
- Mar 24, 2026
- Days on Market:
- 110
- Last Refresh:
- Jul 2 at 7:06 am
Property Features for 2337 E 12th Ave
General Information
- Standard status
- Active
- Size
- 2,985 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1906
Listing office MMG
Listing date Mar 24, 2026
Source Crexi
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 MMG
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the highly sought‑after Congress Park / Cheesman Park neighborhood of Denver.
- Walking distance to Cheesman Park, Congress Park, and the Denver Botanic Gardens.
- Character‑rich asset with classic historic architecture.
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 | $75.2k | $25.20 |
| − Vacancy | −$4.4k | −$1.46 |
| EGI | $70.9k | $23.74 |
| − OpEx | −$21.3k | −$7.12 |
| NOI | $49.6k | $16.62 |
