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2105 E 16th Ave, Denver, CO 80206

$840,000
  • 5

    bed

  • 4

    bath

  • 2,875

    Sqft ($292/Sqft)

Multi-family for sale 14 days
$35K price drop

About 2105 E 16th Ave

Property type Multi-family
Neighborhood
Year built 1893
HOA fee $0/month
Lot size 3,049 Sqft
Property description
2105 E 16th Avenue is a charming 6-unit brick multifamily building located in Denver's highly desirable City Park West neighborhood. Built in 1893 and zoned G-RO-3, the property consists of (3) studio units and (3) 1bed/1bath units, offering a straightforward mix well-suited to the core Denver urban renter. City Park West is one of Denver's most walkable and bikeable neighborhoods, positioned just a few blocks from City Park, the Denver Zoo, and the Denver Museum of Nature and Science. Presbyterian St. Luke's Medical Center sits just 0.6 miles away, and East Colfax Avenue's restaurants, bars, and nightlife are steps from the front door, giving tenants an A+ urban lifestyle at an accessible price point. The property is currently 100% occupied and has benefited from consistent capital investment over the years, including all new electrical completed approximately 15 years ago, vinyl windows 5 years ago, new water heater in 2025, and on-site laundry. Separately metered electric reduces owner utility exposure and simplifies operations. With current rents modestly below market, a buyer can expect meaningful upside through natural lease-up turnover without the need for significant capital outlay. Highlights: Sub $850k for 6 units in a premium neighborhood All new electrical completed approximately 15 years ago Vinyl windows and on-site laundry Separately metered electric reduces owner utility exposure Highly walkable and bikeable location with easy access to East Colfax dining, nightlife, and retail
Listed by
Listing Agent - Jack Sherman
Listing Agent Contact: Jack@northpeakcre.com
Listing Office - NorthPeak Commercial Advisors, LLC
Source: IRESMLS mls logo
MLS#9036209 • last updated 1 week ago
Movoto checked IRESMLS for data 11 minutes ago
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Overview
Heating Forced Air
Levels/Style Three Or More
MLS # 9036209
Type Residential Income
Status Active
Living Area 2875
Lot Size (Acres) 0.07
Annual Tax 4405
Interior
Total # of Bathrooms 4
Total # of Bedrooms 5
Basement Unfinished
Accessibility Features Level Lot
Exterior
Roof Other
Construction Brick
Lot Features Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Location
County Denver
Subdivision Wyman
Middle School Mcauliffe Manual
High School District Denver District 1
Multifamily Details
Total # of Units 4
Cap Rate 6.199
Operating Expense 20248
Gross Income 72590
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Source: GreatSchools.org © 2026. All rights reserved.

Around City Park West

Explore everything this neighborhood has to offer. Learn more about City Park West.
81/100
Walk
59/100
Family
96/100
Dining
99/100
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  • Real Estate
  • CO
  • Denver County
  • Denver
  • 80206
  • City Park West
  • 2105 E 16th Ave

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