Active
636 S Quitman Street, Denver, CO, 80219
636 S Quitman Street, Denver, CO, 80219
7 Beds
14 Baths
4,060 SqFt
0 Acres
Listing Id
REC7578249$1,610,000
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.
Property Details
Price:
$1,610,000
MLS #:
REC7578249
Status:
Active
Beds:
7
Baths:
14
Type:
Multi Family
Structure:
Quadruplex
Subdivision:
Belmont Park Annex
Finished Sq Ft:
4,060
Total Sq Ft:
4,060
Year Built:
1952
Interior
Above Grade Finished Area
4060
Cooling
Other
Heating
Baseboard
Levels
One
Exterior
Construction Materials
Other
Lot Features
Level
Parking Spots
29
Parking Total
29
Roof
Unknown
Schools
School District:
Denver 1
Elementary School:
Castro
Middle School:
Kepner
High School:
Abraham Lincoln
Financial
Tax Year
2025
Taxes
$8,303
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636 S Quitman Street
Denver, CO