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Six-Unit Multifamily with Detached Garages
For Sale
$1,495,000

3233 N Steele Street, Denver, CO 80205

Six units with corner-only connections, abundant natural light, and detached garages plus off-street parking for each unit.

Property SizeContact for details
Lot Size0.38 Acres
Days on Market73

Property Features for 3233 N Steele Street

General Information

Standard status Active
Lot size 0.38 Acres
Zoning U-RH-2.5

Additional Details

Business Included Yes
Fenced Yard Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $7,967

Building Details

Tenancy Multi
Listing Agency: West Peak Properties
Listed By: Jay Peterson
Source: Exprealty
Added: Jun 13 Changed: Aug 20 Last Checked: Aug 24 at 9:30AM

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 West Peak Properties

Investment Insights

Based on property information with market context.

This six-unit multifamily property offers larger 2- and 3-bedroom layouts, reported at approximately 900 to 1,000 square feet, with a corner-only connection between units. The building configuration creates privacy with no shared walls and windows on all sides, bringing in abundant natural light. The site includes a large fenced yard, off-street parking for every unit, and detached garages.

Units are individually metered for gas and electric. The property has seen recent improvements including new furnaces, new water heaters, new gutters, plumbing upgrades, exterior paint, and concrete replacement.

Zoned U-RH-2.5, the site provides flexibility for additional development and redevelopment opportunities, subject to city approval, including potential for up to 10 townhomes, up to 12 small apartments, or adding ADUs to the existing structure. The property is located just minutes from City Park, City Park Golf Course, the Denver Zoo, and the Museum of Nature & Science, with surrounding housing that includes newer builds and renovated homes.

Key Highlights

  • 6‑unit multifamily with large 2- and 3‑bedroom layouts ranging from 900–1,000 SF per unit
  • Corner‑only connections between units (no shared walls), with windows on all sides for abundant natural light
  • Extraordinary 16,600 SF lot with a large fenced yard, detached garages, and off‑street parking for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nail Salon Spa & Massage Center Pharmacy (Bike/Boat/Book/etc) Store Garden Center

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

Lease Details

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

Demographics for 80205, CO

34,967
Population
19,040
Households
1.8
Avg Household Size
34
Median Age
61%
College-Educated
94%
High-School Grad
4.6 sq mi
ZIP Area
7,602
Density / Sq Mi
$98,770
Median Household Income
$69,760
Median Earnings
$1,816
Median Rent
$627,600
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 - Six units with corner-only connections, abundant natural light, and detached garages plus off-street parking for each unit.
Where is this apartment building located?
The property is located at 3233 N Steele Street Denver, CO.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6‑unit multifamily with large 2- and 3‑bedroom layouts ranging from 900–1,000 SF per unit; Corner‑only connections between units (no shared walls), with windows on all sides for abundant natural light; Extraordinary 16,600 SF lot with a large fenced yard, detached garages, and off‑street parking for every unit
More about this property
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