Renovated Four-Unit Brick
For Sale
$935,000
705 Moore St, Denver, CO 80215
Brick multifamily property with consistent two-bedroom layouts, private outdoor space, and on-site tenant laundry.
Property Size3,576 SF
Lot Size0.21 Acres
Price / SF$261.47
Days on Market50
Property Features for 705 Moore St
General Information
Standard status
Active
Size
3,576 SF
Lot size
0.21 Acres
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Amenities
private patios
private balconies
on-site laundry
landscaping
Building Details
Year Built
1961
Buildings
1
Construction
brick
Listing Agency:
NorthPeak Commercial Advisors, LLC
Listed By:
Jack Sherman · License #FA100085430
(720) 738-1944
Source:
Teamuniteddenver
Added: Aug 26
Changed: Oct 14
Last Checked: Oct 7 at 4:24PM
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 NorthPeak Commercial Advisors, LLC
Investment Insights
Based on property information with market context.
This four-unit brick multifamily building was constructed in 1961 and contains four two-bedroom, one-bath residences with 3,576 square feet of building area. Each apartment includes private outdoor space: patios serve the ground-level homes, while upper residences have balconies. The property also provides laundry facilities for residents and is positioned on a 9,038-square-foot lot with fenced grounds and established landscaping.
The building is 100% occupied and has received substantial capital improvements. Work includes a new roof and gutters in 2026, landscaping and irrigation completed in 2024, new electrical panels, and plumbing replacement covering half of the property. Two and a half units have undergone full renovations. Electric service is separately metered, with other utilities billed back to tenants. The property is located at 705 Moore St in Denver, Colorado.
The building is 100% occupied and has received substantial capital improvements. Work includes a new roof and gutters in 2026, landscaping and irrigation completed in 2024, new electrical panels, and plumbing replacement covering half of the property. Two and a half units have undergone full renovations. Electric service is separately metered, with other utilities billed back to tenants. The property is located at 705 Moore St in Denver, Colorado.
Key Highlights
- Four‑unit brick building with 3,576 square feet, built in 1961
- 100% occupied multifamily property on a 9,038‑square‑foot lot
- All residences offer a two‑bedroom, one‑bath layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,428
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,560
$1.2M
Cap Rate 7%
$848,971
$849.0K
Cap Rate 9%
$660,311
$660.3K
Market Conditions
NOI Build-Up for 3,576 SF
Gross rent
$90.1K $25.20/SF
− Vacancy
−$5.2K −$1.46/SF
EGI
$84.9K $23.74/SF
− OpEx
−$25.5K −$7.12/SF
NOI
$59.4K $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%
$1,188,560
Cap Rate 7%
$848,971
Cap Rate 9%
$660,311
Alternative Uses
Best Use
Multifamily LT 5
$849.0K
$742.9K – $990.5K
NOI $59,428 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$775.7K
$678.7K – $905.0K
NOI $54,297 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.14M
$996.1K – $1.33M
NOI $79,686 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Explore this area
Business Placement
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
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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 - Brick multifamily property with consistent two-bedroom layouts, private outdoor space, and on-site tenant laundry.
Where is this quadplex located?
The property is located at 705 Moore St Denver, CO.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Four‑unit brick building with 3,576 square feet, built in 1961; 100% occupied multifamily property on a 9,038‑square‑foot lot; All residences offer a two‑bedroom, one‑bath layout
