For Sale
$1,200,000
636 N Pennsylvania St, Denver, CO 80203
Apartment buildings
Property Size3,780 SF
Price / SF$317.46
Days on Market108
Property Features for 636 N Pennsylvania St
General Information
Standard status
Active
Size
3,780 SF
Site & Location
Neighborhood
Washington Park West
Additional Details
Multifamily Units
5
Building Details
Year Built
1926
Listing Agency:
Verity Real Estate
Listed By:
Lisa Nicholaides · License #100036138
(303) 638-9038
Source:
Hudsonstonegateteam
Added: Jul 9
Changed: Oct 16
Last Checked: Oct 7 at 2:48PM
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 Verity Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Converted Capitol Hill mansion offers 5 total units
- One unit does not meet egress and is currently used for storage
- Tenant parking available in the rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,394
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,880
$1.1M
Cap Rate 7%
$819,914
$819.9K
Cap Rate 9%
$637,711
$637.7K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$111.1K $29.40/SF
− Vacancy
−$6.8K −$1.79/SF
EGI
$104.4K $27.61/SF
− OpEx
−$47.0K −$12.42/SF
NOI
$57.4K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,880
Cap Rate 7%
$819,914
Cap Rate 9%
$637,711
Alternative Uses
Best Use
Apartment 5plus
$819.9K
$717.4K – $956.6K
NOI $57,394 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,232 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,543
Businesses Nearby
Explore this area
Business Placement
Demographics for 80203, CO
22,883
Population
16,887
Households
1.4
Avg Household Size
33
Median Age
69%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
20,803
Density / Sq Mi
$74,654
Median Household Income
$59,229
Median Earnings
$1,569
Median Rent
$462,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
Where is this apartment building located?
The property is located at 636 N Pennsylvania St Denver, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Converted Capitol Hill mansion offers 5 total units; One unit does not meet egress and is currently used for storage; Tenant parking available in the rear of the building
