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Approved 16-Unit Multifamily Project
For Sale
$1,750,000

2429 Eliot St, Denver, CO 80211

Fully approved 16-unit residential project with covered parking and private garage storage for every unit.

Property SizeContact for details
Days on Market158

Property Features for 2429 Eliot St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $15,091
Listing Agency: Generator Real Estate, LLC
Listed By: Adam Waggoner
Source: Exprealty
Added: Apr 4 Changed: Sep 6 Last Checked: Sep 7 at 12:23PM

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 Generator Real Estate, LLC

Investment Insights

Based on property information with market context.

The Eliot 16 is a fully approved, shovel-ready 16-unit residential project for sale at 2429 Eliot St. The proposed mix includes twelve 2-bedroom units and four 1-bedroom units, each designed with functional floor plans. The project also includes covered parking and private garage storage for every unit, built into the plan.

Public remarks indicate the project is exempt from income-restricted requirements based on the concept being finalized before the city’s affordable housing mandate, resulting in a 100% market-rate portfolio. The site is described as located in the heart of Jefferson Park with access to downtown Denver just minutes away.

Key Highlights

  • Fully approved 16‑unit residential project, fully entitled and shovel‑ready for immediate execution
  • Unit mix: twelve 2‑bedroom units and four 1‑bedroom units
  • Covered parking included for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Electrical Service

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

2,221
Businesses Nearby

Demographics for 80211, CO

37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Fully approved 16-unit residential project with covered parking and private garage storage for every unit.
Where is this apartment building located?
The property is located at 2429 Eliot St Denver, CO.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Fully approved 16‑unit residential project, fully entitled and shovel‑ready for immediate execution; Unit mix: twelve 2‑bedroom units and four 1‑bedroom units; Covered parking included for every unit
More about this property
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