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3445 W Mansfield Avenue, Denver, CO, 80236

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3445 W Mansfield Avenue, Denver, CO, 80236

10 Beds
5 Baths
4,515 SqFt
0.5 Acres

Listing Id

REC4416130
$1,149,900

Turnkey Fourplex Investment Opportunity with Expansion Potential & Adjacent Land Upside!

Exceptional value-add multifamily investment opportunity located in a Qualified Opportunity Zone in the rapidly growing Sheridan/Denver market! This remodeled income-producing property offers a rare combination of strong in-place cash flow and future development potential.

Spanning approximately 4,515 sq ft,the property features a desirable unit mix including 2-and 3-bedroom units plus a studio. One of the property’s standout value-add features is a unit currently leased to two separate tenants, generating enhanced rental income. All units are currently occupied, and leases will transfer with the sale.

The owner has invested heavily in recent capital improvements, including three new furnaces, HVAC upgrades, updated electrical service, critical sewer infrastructure work, and replacement of most windows throughout the property. Tenant amenities set this property apart with parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and even a basketball court.

Positioned on an oversized lot with favorable zoning characteristics, the property also presents compelling long-term redevelopment and expansion potential. Current zoning may allow future expansion up to 8 units, subject to Buyer obtaining all required approvals and permits from the City of Sheridan. Seller is separately offering the adjacent land parcel located at 3435 ½ W Mansfield Ave (MLS #3939482), creating exciting possibilities for expanded parking,or future development opportunities.

Conveniently located minutes from Downtown Denver,Santa Fe Drive, and US-285, this property benefits from strong rental demand driven by accessibility, redevelopment activity, and proximity to major employment, shopping and dining.

Ideal for investors seeking immediate cash flow, long-term appreciation, or future development upside in one of the Denver metro area’s evolving investment corridors.

Property Details
Price:
$1,149,900
MLS #:
REC4416130
Status:
Active
Beds:
10
Baths:
5
Type:
Multi Family
Structure:
Quadruplex
Subdivision:
Sheridan
Finished Sq Ft:
4,515
Total Sq Ft:
4,515
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1920
SheridanSheridan 2Alice TerryFort Logan NorthgateSheridanMountain(s)
Interior
Above Grade Finished Area
4515
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Cooling
Central Air, Evaporative Cooling
Flooring
Vinyl
Heating
Forced Air
Laundry Features
In Unit
Levels
One
Exterior
Accessibility Features
Accessible Approach with Ramp
Common Walls
1 Common Wall, 2+ Common Walls
Construction Materials
Block, Wood Siding
Exterior Features
Private Yard, Rain Gutters
Fencing
Partial
Lot Features
Level, Near Public Transit
Parking Features
Unpaved
Parking Spots
15
Parking Total
15
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
View
Mountain(s)
Schools
School District:
Sheridan 2
Elementary School:
Alice Terry
Middle School:
Fort Logan Northgate
High School:
Sheridan
Financial
Tax Year
2025
Taxes
$4,822

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3445 W Mansfield Avenue
Denver, CO