1359 Wolff St, Denver, CO 80204
- $1,050,000
- 8
- BD
- 4
- BA
- 4,080
- SqFt
Courtesy of West Peak Properties . jay@westpeakproperties.com,720-495-2412
- List Price
- $1,050,000
- Status
- ACTIVE
- MLS#
- 1661841
- Subtype
- Residential Income
- Style
- Traditional
- Year Built
- 1969
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 4,080
- Lot Size
- 4,687
- Acres
- 0.11
- Subdivision
- Middlefield
Property Description
Multifamily investment opportunity that can be combined with the adjacent 4-unit at 1351-1357 Wolff St to create an 8-unit portfolio. Located near 10th Avenue and Sheridan Boulevard, immediately north of Dry Gulch, this fully occupied fourplex is positioned within an area undergoing significant multi- phase redevelopment. The property features four 2-bedroom, 1-bath units with quality rental- grade updates in most units and separately metered utilities. Multiple value-add opportunities exist through future rent growth, potential laundry income, and additional income from the detached two-car garage. Major improvements include a newer roof in 2023, two boilers replaced in 2024 and 2025, two new water heaters in 2021 and 2025, and new swamp coolers in 2021 and 2024. The 4,687 square-foot lot features a meticulously landscaped yard with decorative black metal fencing and additional off-street parking. Adjacent to Dry Gulch, residents have convenient access to its walking and biking path, along with the nearby 10th & Sheridan light rail station providing connections to downtown Denver and other destinations. Sloan’s Lake, Edgewater Public Market offering restaurants, shops, nightlife, and recreational amenities are also nearby. Ongoing transit-oriented investment and neighborhood redevelopment provide strong long-term demand and appreciation potential. The neighboring 4-unit at 1351–1357 Wolff Street is also available, creating an opportunity to assemble 8 units together for improved operating efficiency, management economies of scale, and enhanced exit optionality. Sold together is preferred, but available individually.
Additional Information
- Interior Features
- Ceiling Fans, Laminate Counters
- Exterior Features
- Lighting
- Taxes
- $5,113
- Property Description
- Traditional
- Zoning
- U-RH-3A
- Flooring
- Carpet, Linoleum, Vinyl
- Appliances
- LP Gas Water Heater, Range, Range Hood, Refrigerator
- Heating
- Steam
- Air Conditioning
- Evaporative Cooling
- Levels
- Two
- Roof
- Composition
- Garage Spaces
- 2
- School District
- Denver 1
- Elementary School
- Colfax
- Middle School
- Lake
- High School
- North
Mortgage Calculator
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than You 1st Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions