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1241 Monroe Street
Denver, 80206
FOR
SALE
$1,400,000
Active
6
Beds
4
Baths
5
Garage
3,312
Sq.Ft.
0.16
Acres
MLS# 9732280
Cumulative Days on Market: Less than 1 (since January 10th, 2025) Data provided by the MLS.

Property Details

Investment Opportunity! 4-PLEX Situated just 1 / 2 block from Congress Park's beloved local shops, restaurants, ice cream spots, and bars, this property delivers unbeatable walkability. Also a short stroll takes you to the vibrant retail scene at 8th and Colorado, and you're only a 5-minute drive from Cherry Creek North and quick, convenient access downtown Denver.Property HighlightsDuplex Layout: Two up-down rentals on each sideUpper Units: 2 bedrooms, 1 bath eachGarden-Level Units: 1 bedroom, 1 bath each with separate entrances Diverse Income Potential:Rent all four units long-term for steady cash flowLive in one unit and use the others to offset your mortgagepotentially live payment-free!Explore short-term rental options to maximize returnsTurnkey Condition:Complete remodel!New windowsNew roof (2023)New furnace (2023)New electrical panel (2023)Why You'll LOVE ItWhether you're an investor seeking a performing property or a homeowner dreaming of living in a vibrant, walkable neighborhood while generating income, this Quadplex checks every box. Its location and updates make it an exceptional find thats ready to produce immediate returns. DON"T MISS OUT!Opportunities like this are rare. Contact us today to schedule a private showing and learn more about this one-of-a-kind investment in Congress Park! Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.

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Property Highlights

Price
$1,400,000
Property Type
Residential Income
Property Sub Type
Quadplex
Bedrooms
6
Total Bathrooms
4
Living Area
3,312
Price / Sq Ft
$423
Acres
0.16
Year Built
1954
Condition
Updated/Remodeled

Location

County
Denver
Direction Faces
East
Subdivision
Congress Park
Zoning
U-TU-C

Property Details

Condition
Updated/Remodeled
Price
$1,400,000
Property Sub Type
Quadplex
Property Type
Residential Income

Building

Levels
One
Structure Type
Quadruplex
Total Area
3,312

Community

Local Schools

Elementary School
Teller
High School
East
Middle School
Morey
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
6
Total Bathrooms
4

Rooms and Basement

Basement Features
Exterior Entry
Has Basement
Yes

Area and Spaces

Above Grade Finished Area
1,656
Below Grade Finished Area
1,656

Appliances

Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range Hood, Refrigerator, Washer

Interior Features

Electic
220 Volts
Laundry Features
In Unit
Security Features
Carbon Monoxide Detector(s)

Heating and Cooling

Heating Features
Forced Air

Building Details

Construction

Foundations
Slab
Year Built
1954

Materials

Construction Materials
Brick
Roof
Composition

Terms

Terms

Exclusions
Seller's personal property
Ownership
Individual
Special Conditions
None
Special Terms
Cash, Conventional, FHA

Taxes

Tax

Tax (Annual)
$5,627

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Public Sewer
Utilities
Natural Gas Connected
Water Source
Public

Lot

Acres
0.16
Lot Features
Level
Lot Size
7,010
Lot Size Area Sq Ft
7,010

Exterior Features

Patio And Porch Features
Front Porch

Parking

Total Parking Spaces
5
Listed by Exp Realty, LLC, treva@thetrevgroup.com, 720-350-1010.
Listing Data last updated 01/10/2025 05:40 pm
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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 01/10/2025 05:40 pm. 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: 01/10/2025 05:40 pm
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