4372 Fenton Street, Denver, CO 80212
Four-unit apartment building with two rental garages and shared laundry, offering a mix of updated and unrenovated interiors.
- Added:
- Apr 9, 2026
- Days on Market:
- 78
- Last Refresh:
- Jun 24 at 3:50 am
Property Features for 4372 Fenton Street
General Information
- Standard status
- Active
- Size
- 4,690 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1959
Listing office Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. (949) 633-4556
Listing date Apr 9, 2026
Source Exitrealty
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 Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
HighLights
- Four‑unit apartment building built in 1959 in the Town of Mountain View.
- Unit mix: three 2BD/1BA units at ~1,045 SF each and one 3BD/1BA unit over 1,100 SF.
- Two units (4368 and 4370) have fully updated interiors with open floorplans and strong natural light.
- Two units (4366 and 4372) are unrenovated, offering upside through renovation.
- Additional income from two rental garages plus shared laundry facilities for residents.
- C‑1 zoning allows residential uses within mixed‑use structures under Town Municipal Code Ch. 16, Art. 6.
Overview
Located at 4372 Fenton Street, the property sits in the Town of Mountain View, described as a pocket within the Denver metro with immediate access to surrounding urban amenities. The remarks note the asset is minutes from Denver, Wheat Ridge, and Lakeside, balancing neighborhood feel with proximity to employment, retail, and transit corridors.
From an owner-operator or investor standpoint, this building offers both in-place rental income and a clear path to improve value through updating the two unrenovated units. The current zoning is listed as C-1, and the Town’s Municipal Code (Ch. 16, Art. 6) is stated to permit residential uses within mixed-use structures. The description further notes the Fenton Street corridor as a redevelopment priority area, allowing consideration of a mixed-use, loft-style concept with ground-floor commercial space and upper-floor residential units in the future.
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 | $118.2k | $25.20 |
| − Vacancy | −$6.8k | −$1.46 |
| EGI | $111.3k | $23.74 |
| − OpEx | −$33.4k | −$7.12 |
| NOI | $77.9k | $16.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.0599414
- Latitude
- 39.7761232
