636 S Quitman, Denver, CO 80219
636 S Quitman, Denver, CO 80219
636 S Quitman, Denver, CO 80219
636 S Quitman, Denver, CO 80219
636 S Quitman, Denver, CO 80219
636 S Quitman, Denver, CO 80219
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$ 1,540,000
Est. payment | /mo

7 Beds

14 Baths

4,060 SqFt


Save
$ 1,540,000
Est. payment | /mo
Save

7 Beds

14 Baths

4,060 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,060 sqft

Subdivision Belmont Park Annex

MLS Listing ID IRE7578249

Bedrooms 7

HOA Y/N No

Year Built 1952

Annual Tax Amount $8,303

Tax Year 2025

Source ires

Property Description

Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued rent growth.

The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost.

Location

State CO

County Denver

Community Belmont Park Annex

Area Metro Denver

Zoning E-MX-3

Interior

Heating Baseboard

Exterior

Parking Features Off Street

Garage Spaces 29.0

View Y/N No

Roof Type Other

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Level or Stories One

Structure Type Other

New Construction false

Schools

Elementary Schools Castro

Middle Schools Kepner

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Charles Burkhart
Schools and Properties Nearby
Christine Gwinnup

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636 S Quitman