Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1690 Milwaukee St Denver, CO 80206-1600
    Back to Search
    Property profile & analytics

    1690 Milwaukee St, Denver, CO 80206-1600

    View on Map
    • Garden apartment buildings
    • 4,448 SF
    • 0.21 lot acres
    Off-Market
    Last Sale Feb 9, 2026
    $1,185,000
    Property ID
    US13-0961990
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,210,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1690 Milwaukee St

    Year built
    1929
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Zone code
    G-MU-3
    Property type
    Garden apartment buildings
    APN
    02363-02-040-000
    APU
    236302040000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,125,000
      6.5%
      $1,040,000
      7%
      $965,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,432,000
      Market price range: $1.19M - $1.97M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,555,000
      Current use
      AUTO REPAIR, GARAGE
      $1,780,000
      Change: +15% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,445,000
      Change: -7% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,440,000
      Change: -7% Conversion: Moderate
      RETAIL STORES
      $1,430,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $1,350,000
      Change: -13% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.952
    Latitude
    39.7435
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,538
    $42,550
    $67,640
    $110,190
    -
    $690,100
    $1,009,500
    $1,699,600

    Comparable in this City

    • Value Estimation
      $790,000
      4,559 SF

      1368 Elizabeth St

      GARDEN APT, COURT APT (5+ UNITS)
      1368 Elizabeth St, Denver, CO 80206-2309
      View Details
    • Value Estimation
      $770,000
      4,122 SF

      2829 13th Ave

      GARDEN APT, COURT APT (5+ UNITS)
      2829 13th Ave, Denver, CO 80206-2403
      View Details
    • Value Estimation
      $755,000
      4,588 SF

      3014 17th Ave

      GARDEN APT, COURT APT (5+ UNITS)
      3014 17th Ave, Denver, CO 80206-1623
      View Details
    • Value Estimation
      $5,010,000
      9,113 SF

      1341 Cook St

      GARDEN APT, COURT APT (5+ UNITS)
      1341 Cook St, Denver, CO 80206-2647
      View Details
    • Value Estimation
      $2,150,000
      3,273 SF

      500 Cook St

      GARDEN APT, COURT APT (5+ UNITS)
      500 Cook St, Denver, CO 80206-4427
      View Details
    • Value Estimation
      $995,000
      6,463 SF

      1400 Detroit St

      GARDEN APT, COURT APT (5+ UNITS)
      1400 Detroit St, Denver, CO 80206-2485
      View Details

    Similar Nearby for Sale

    • $1,275,000
      4,338 SF

      Denver Cheesman Park Apartment Building

      Six-unit apartment building in Cheesman Park neighborhood with upside potential.
      1355 Vine St, Denver, CO 80206
      View Details
    • $900,000

      Denver Redevelopment Opportunity

      Prime location near City Park, ideal for redevelopment or renovation.
      1632 York St, Denver, CO 80206
      View Details
    • $2,300,000
      6,280 SF

      City Park West Apartments

      Well-maintained 12-unit apartment building in a desirable urban setting.
      1536 York St, Denver, CO 80206
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      161,672 SF

      Denver Office Space Available

      Office building with 161,672 square feet available for rent.
      250 Clayton St, Denver, CO 80206
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Denver, Colorado.
      1510 York St, Denver, CO 80206
      View Details
    • Contact for pricing
      734 SF

      York Street Office Space Available

      Office space for rent near Colfax Ave, Denver, CO.
      1500-1514 York St, Denver, CO 80206
      View Details
    • $38 SF/Yr

      Renovated Office Space in Denver

      Class A office space in Cherry Creek neighborhood for lease.
      55 Madison St, Denver, CO 80206
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space in Equinox Building

      Retail space available for lease in Denver's St. Paul Collection.
      240 St Paul St, Denver, CO 80206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1690 Milwaukee St
    Denver, CO 80206-1600
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1690 Milwaukee St, Denver, CO, 80206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!