For Sale
$875,000

421 Alameda AveDenver, CO 80209

Historic Denver Duplex, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
116
This charming 1-story, 2-unit apartment building in Denver's desirable West Wash Park neighborhood presents a compelling investment opportunity. Built in 1909 and extensively renovated in 2021, the property boasts 2,136 square feet situated on a 0.05-acre lot. Currently operating at 100% occupancy, the duplex offers two separately metered units, each with its own legal description, allowing for future flexibility. The property includes two off-street parking spaces in the rear. The units are fully furnished and currently utilized as Airbnbs, demonstrating strong rental potential. The U-MS-2 zoning permits both residential and commercial uses, making this property ideal for a live/work situation, continued short-term rental operation, or even conversion to a small office space. A recent survey has already been completed, simplifying the process should a buyer choose to sell one unit and retain the other. The asking price is $875,000, representing a price per unit of $437,500. This stabilized investment property is located at 421 E Alameda Ave, Denver, CO 80209, in a rapidly developing area with convenient access to numerous amenities.

Highlights

  • Charming 1-story, 2-unit duplex in Denver's West Wash Park neighborhood.
  • 2,136 sq ft on a 0.05-acre lot, extensively renovated in 2021.
  • 100% occupancy with two separately metered units, each with its own legal description.
  • Two off-street parking spaces.
  • Fully furnished units currently operating as Airbnbs.
  • U-MS-2 zoning allows residential and commercial uses.

Property Details for 421 Alameda Ave

Property type
Apartment buildings
Square Feet
2,136 SF
Year Built/Renovated
1909/2021
Buildings
1
Stories
1
Lot Size (sq. ft)
2,178 SF
Units
2

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7113002
Longitude
-104.9820406
421 Alameda Ave, Denver, Colorado

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421 Alameda Ave
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