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Sold on 05/27/2022
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115 E Cedar Ave, Denver, CO 80209

  • $910,000

    Last sold 05/27/2022 after 39 Days

  • 4

    bed

  • 4

    bath

  • 2,444

    Sqft ($372/Sqft)

Multi-family not for sale
23 homes bought nearby with Movoto recently

About 115 E Cedar Ave

Property type Multi-family
Neighborhood
Year built 1931
HOA fee $0/month
Lot size 1,742 Sqft
Property description
Solid brick 4-plex in exceptionally high demand location(2 blocks off S Broadway and 12 blocks from Wash Park). Location offers easy access to bus, light rail, I-25 and downtown Denver.Value add opportunity for the savvy investor as therents have not been brought up-to-date for years. Building has historic charm with solid wood floors, trim and windows. Unit #1 includes an unfinished basement with an additional 600 sq. ft. of space.An easy property to step into cash flow and with room to increase rents right away. The roof and the two furnacemotors were replaced a few years ago.There is ample street parking spaces available. This is a low maintenanceinvestment with no exterior landscaping to take care of. Check out the virtual tour athttps://www.virtuance.com/listing/115-e-cedar-ave-denver-colorado. No showings until after accepted contract and earnest money delivered.
Listed by
Listing Agent - Kennen Cohen
Listing Agent Contact: 303-962-4272
Listing Office - Your Castle Real Estate Inc
Source: IRESMLS mls logo
MLS#4204209 • last updated 7 months ago
Movoto checked IRESMLS for data 11 minutes ago
Overview
Heating Forced Air
Levels/Style Two, Tudor
MLS # 4204209
Type Residential Income
Status Sold
Living Area 2444
Lot Size (Acres) 0.04
Annual Tax 4766
Interior
Total # of Bathrooms 4
Total # of Bedrooms 4
Basement Unfinished
Accessibility Features Level Lot
Exterior
Roof Composition
Construction Brick
Patio & Porch Patio
Lot Features Corner Lot, Level, House Faces South
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Master Meter-Gas, Separate Meter Electricity
Sewer/ Septic Public Sewer
Water Source City
Appliances Refrigerator
Location
County Denver
Subdivision Speer
Middle School Grant
High School District Denver District 1
Multifamily Details
Tenant Pays Electricity
Total # of Units 4
Cap Rate 4.71
Operating Expense 10402
Gross Income 44400
We are not permitted to show value estimates for this property.
  • May 2022
    mls logo MLS # 4204209
  • May 28, 2022 Sold
    $910,000
  • May 27, 2022 Sold
    $910,000 (+1.1%)
  • Apr 22, 2022 Pending
    —
  • Apr 18, 2022 Listed
    $900,000
  • Apr 17, 2022 Coming Soon
    $900,000
  • 115 E Cedar Ave
    $910K
  • Speer
    $445K +4% y/y
  • 80209
    $975K +2% y/y
  • Denver
    $539K -6% y/y
No chart available
Statistics calculated by Movoto

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5/10
Lincoln Elementary School
public Grades PK, K-6
Denver County 1 School District
5/10
Grant Middle School
public Grades 6-8
Denver County 1 School District
6/10
South High School
public Grades 9-12
Denver County 1 School District
Source: GreatSchools.org © 2026. All rights reserved.

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