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2741 W 12th Avenue
Denver, 80204
FOR
SALE
$900,000
Active
8
Beds
4
Baths
2,456
Sq.Ft.
1894
Yr. Built
MLS# 9077920
Cumulative Days on Market: Less than 1 (since February 20th, 2025) Data provided by the MLS.

Property Details

EXCELLENT OPPORTUNITY AT BOTH A 6.9 CAP (projected, rents go up in the fall at lease renewal to the 2024 rates) and FUTURE DEVELOPMENT POTENTIAL WITH C-MX-5 ZONING! Duplex property located in Sun Valley Neighborhood, 4 bedrooms per side, rents go up in the fall at lease renewal section 8 4 bedrooms 2024 fair market value is $3, 548 per unit. Property is currently rented with 4-bedroom Section 8 Vouchers, rent payments are guaranteed on the first of the month via direct deposit. Property has been stabilized for 8 years straight and is great for cash flow while future development entitlements are finalized. PLEASE DO NOT BOTHER TENANTS, NO SHOWINGS UNTIL A CONTRACT IS SUBMITTED.

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Property Highlights

Price
$900,000
Property Type
Residential Income
Property Sub Type
Duplex
Bedrooms
8
Total Bathrooms
4
Living Area
2,456
Price / Sq Ft
$366
Year Built
1894

Location

County
Denver
Subdivision
Sun Valley
Zoning
C-MX-5

Property Details

Price
$900,000
Property Sub Type
Duplex
Property Type
Residential Income

Building

Levels
One
Structure Type
Duplex
Total Area
2,456

Community

Local Schools

Elementary School
Fairview
High School
North
Middle School
Strive Lake
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
8
Total Bathrooms
4

Area and Spaces

Above Grade Finished Area
2,456
Living Area
2,456

Interior Features

Flooring
Carpet, Linoleum, Wood
Laundry Features
In Unit

Heating and Cooling

Heating Features
Forced Air, Natural Gas

Building Details

Construction

Year Built
1894

Materials

Construction Materials
Brick, Frame, Stucco, Wood Siding
Roof
Composition

Terms

Commercial

Cap Rate
6.90

Terms

Exclusions
Tenant property.
Ownership
Individual
Special Conditions
None
Special Terms
Cash, Conventional, Private Financing Available

Taxes

Tax

Tax (Annual)
$1,889

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Sewer
Public Sewer

Parking

Total Parking Spaces
4
Listed by Redt LLC, nathan@redthomes.com, 720-255-4101.
Listing Data last updated 02/21/2025 11:00 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 21-Feb-2025 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2025 Buying Buddy. All calculations should be independantly verified.
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 02/21/2025 11:00 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 02/21/2025 11:00 am
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