Denver Fourplex Near Tennyson
For Sale
$875,000
3820 Xavier St, Denver, CO 80212
Two-story fourplex with oversized units near vibrant Tennyson Street.
Property Size2,336 SF
Price / SF$374.57
Days on Market320
Property Features for 3820 Xavier St
General Information
Standard status
Active
Size
2,336 SF
Property subtype
Multi-Family
Building Details
Year Built
1959
Listing Agency:
Kaufman Hagan
Listed By:
Teal Nipp Hagan · License #ER100049712
(720) 984-0419
Source:
Hudsonstonegateteam
Added: Nov 28, 2025
Changed: Sep 10
Last Checked: Oct 7 at 4:46PM
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 Kaufman Hagan
Investment Insights
Based on property information with market context.
Located on Xavier Street in Denver, this two-story fourplex contains four oversized one-bedroom, one-bathroom units. Situated just off 38th Avenue, the property is a quarter mile from the shops and restaurants on Tennyson Street. Constructed in 1959, the building features a flat roof and has seen capital improvements over the last 10 years, including new windows and updated major systems. The facade has been renovated. The gross building size is 2,336 square feet, situated on a 5,540-square-foot lot. Parking is provided via surface off-street spaces. Air conditioning is provided via window units. Water and sewer are master metered, while electric and gas are individually metered. The property is located in a residential neighborhood. The zoning is U-MS-3. This multifamily asset offers opportunities for both investors and owner-occupants due to its spacious layouts and location.
Key Highlights
- Prime location near 38th Ave and Tennyson St shops and restaurants.
- Four oversized 1‑bedroom, 1‑bathroom units.
- Significant capital improvements including new windows and updated major systems.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,821
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,420
$776.4K
Cap Rate 7%
$554,586
$554.6K
Cap Rate 9%
$431,344
$431.3K
Market Conditions
NOI Build-Up for 2,336 SF
Gross rent
$58.9K $25.20/SF
− Vacancy
−$3.4K −$1.46/SF
EGI
$55.5K $23.74/SF
− OpEx
−$16.6K −$7.12/SF
NOI
$38.8K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,420
Cap Rate 7%
$554,586
Cap Rate 9%
$431,344
Alternative Uses
Best Use
Multifamily LT 5
$554.6K
$485.3K – $647.0K
NOI $38,821 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$506.7K
$443.4K – $591.2K
NOI $35,469 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$743.6K
$650.7K – $867.6K
NOI $52,054 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,481
Businesses Nearby
Explore this area
Business Placement
Demographics for 80212, CO
20,397
Population
10,870
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
5,666
Density / Sq Mi
$118,692
Median Household Income
$76,379
Median Earnings
$1,714
Median Rent
$705,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story fourplex with oversized units near vibrant Tennyson Street.
Where is this quadplex located?
The property is located at 3820 Xavier St Denver, CO.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Prime location near 38th Ave and Tennyson St shops and restaurants.; Four oversized 1‑bedroom, 1‑bathroom units.; Significant capital improvements including new windows and updated major systems.
