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Capitol Hill Six-Unit Apartment Building

853 N Ogden Street Denver, CO 80218

853 N Ogden Street, Denver, CO, 80218

$1,350,000

For Sale

$1,350,000

Updated six-unit apartment building in Capitol Hill with low vacancy.

Property Size4,394 SF

Price / SF$307.24

AddedMay 28, 2025

Days on Market414

Last RefreshMar 16 at 9:09 am

Property Features for 853 N Ogden Street

General Information

Standard status: Active
Size: 4,394 SF

Building Details

Year Built: 1900

Listing office PINNACLE REAL ESTATE ADVISORS

Listing date May 28, 2025

Source Corcoran

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.

Located in the heart of Capitol Hill, 853 N. Ogden Street is an attractive six-unit apartment building. The property features four 1-bedroom, 1-bathroom units and two units with 1 bedroom, 1 bathroom, and a den. Since the property's acquisition in 2022, each unit has been updated with upscale finishes. These large units are rare for the neighborhood, resulting in extremely low vacancy rates. Significant capital has been invested in updating the units, along with newer systems, including a new boiler, a newer electrical system, and a newer 120-gallon water heater. Residents share a refreshed private courtyard in the back of the property, which includes a new fire pit. Onsite washer and dryer facilities are also available for residents. The property size is 4394 square feet.

Key Highlights

Six‑Unit Apartment Building: Attractive building located in the heart of Capitol Hill.
Updated Units: Each unit features upscale finishes completed since the 2022 acquisition.
Rare Large Units: Units are larger than typical for the Capitol Hill neighborhood, contributing to low vacancy rates.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$129.2k	$29.40
− Vacancy	−$7.9k	−$1.79
EGI	$121.3k	$27.61
− OpEx	−$54.6k	−$12.42
NOI	$66.7k	$15.18

4,394 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$953.1K

$834.0K – $1.11M (±1% cap)

NOI $66,717 @ 7.0% cap · market cap 4.94%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.40M

$1.22M – $1.63M (±1% cap)

NOI $97,914 @ 7.0% cap · market cap 7.25%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Apartment buildings
CO
Denver
80218
853 N Ogden Street

What type of property is this?

Apartment building - Updated six-unit apartment building in Capitol Hill with low vacancy.

Where is this apartment building located?

The property is located at 853 N Ogden Street Denver, CO.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Six‑Unit Apartment Building: Attractive building located in the heart of Capitol Hill.; Updated Units: Each unit features upscale finishes completed since the 2022 acquisition.; Rare Large Units: Units are larger than typical for the Capitol Hill neighborhood, contributing to low vacancy rates.