Denver Multifamily Property For
850 Dexter Street Denver, CO 80220
850 Dexter Street, Denver, CO, 80220
$4,350,000
For Sale
$4,350,000
17-unit multifamily property located in Denver, Colorado.
Property Size8,970 SF
Price / SF$484.95
Days on Market238
Property Features for 850 Dexter Street
General Information
- Standard status
- Active
- Size
- 8,970 SF
- Property subtype
- Multifamily
Listing Agency
Pinnacle Real Estate Advisors
(303) 962-9559
Listed by
Josh Newell · License #FA100001439
Source
Pinnaclerea
Added: Nov 21, 2025 Checked: Jul 17 at 3:00 am
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This multifamily property, located in Denver, Colorado, features 17 units within a building of 8,970 square feet. The property is intended for residential income and includes apartment buildings. It has been sold recently.
Key Highlights
- Just Sold!
- 17 Units
- Located in Denver
Local Financial Insights For Apartment 5plus
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 | $263.7k | $29.40 |
| − Vacancy | −$16.1k | −$1.79 |
| EGI | $247.6k | $27.61 |
| − OpEx | −$111.4k | −$12.42 |
| NOI | $136.2k | $15.18 |
8,970 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.95M
$1.70M – $2.27M
NOI $136,197 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.50M – $3.33M
NOI $199,883 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - 17-unit multifamily property located in Denver, Colorado.
Where is this apartment building located?
The property is located at 850 Dexter Street Denver, CO.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: Just Sold!; 17 Units; Located in Denver
