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Property profile & analytics
OFF-MARKET Estimated value $1,795,000
Apartment buildings

1331 Franklin St Denver, CO 80218-2474

4,170 SF 0.11 ac lot Built 1894
Individually Owned 4-yr Hold
Property ID
US13-0272936
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1894
Total area 4,170 SF
Lot 0.11 ac (4,984 SF)
Zoning code U-RH-3A
APN 05021-09-006-000
UPID US13-0272936
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.83M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.80M
Owner & transaction history
Andrew W Palmer · 4 yrs held
Andrew W Palmer
since 2022
Last sale
$1.9M
7 recorded transactions
2022
Price N/A
2022
$1.9M
2020
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
U-RH-3A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

U-RH-3A Row House 3A U-MX-2 Mixed Use 2 U-MX-2x Mixed Use 2x U-MX-3 Mixed Use 3 U-RX-3 Residential Mixed Use 3 U-RX-5 Residential Mixed Use 5 U-MS-2 Main Street 2 U-MS-2x Main Street 2x U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose…

Zone name Urban Neighborhood Context Row House 3a
General category RESIDENTIAL
Zone area 259.55 ac
Source Denver Zoning Code
Top alternative use upside
Auto repair, garage $1.7M +8.9%
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