Property Description

Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances.
Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition.
The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property’s appeal and reduce near-term capital needs.
Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.

Included Appliances

CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasher

Property Details

Interior

Above Grade Finished Area

5043

Appliances

CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasher

Building Area Total

5043

Cooling

Central Air

Flooring

CarpetVinyl

Furnished

Unfurnished

Heating

Forced Air

Interior Features

Ceiling Fan(s)Laminate CountersPantry

Laundry Features

In Unit

Living Area

5043

Room Count

16

Security Features

Radon Detector

Window Features

Double Pane WindowsWindow Coverings

Construction

Also Marketed As

Residential LeaseResidential IncomeCommercial SaleCommercial LeaseResidential

Architectural Style

Modular

Building Area Source

Public Records

Common Walls

1 Common Wall2+ Common Walls

Construction Materials

ConcreteFrame

Direction Faces

Northeast

Entry Level

1

Entry Location

Ground

Levels

Two

Livable Structure Count

Yes

Number Of Units Total

4

Out Building Count

Yes

Property Condition

Updated/Remodeled

Roof

Unknown

Structure Type

Quadruplex

Year Built

1979

Site & Exterior

Current Use

Live/Work

Electric

Single Phase

Exterior Features

GardenLightingPrivate YardRain GuttersSpa/Hot Tub

Fencing

Full

Lot Features

Level

Lot Size Acres

0.18

Lot Size Area

8029

Lot Size Square Feet

8029

Lot Size Units

Square Feet

Offstreet Spaces

8

Out Building Number Of

Yes

Parking Features

Asphalt

Parking Total

8

Patio And Porch Features

Patio

Road Frontage Type

Public

Road Responsibility

Public Maintained Road

Road Surface Type

Alley PavedPaved

Sewer

Public Sewer

Vegetation

Cleared

Water Included

Yes

Water Source

Public

Well Type

Community

Well Usage

Commercial

Zoning

E-TU-C

Financials

Contract Earnest Check To

Elevated Title

Documents Available

Feasibility StudyLeasesLegal DescriptionPlatRental Average

Home Warranty

No

Lease Amount

1800

Lease Expiration

2026-10-30

Lease Term

12 Months

Ownership

Corporation/Trust

Parcel Number

5174-00-131

Special Listing Conditions

None

Tax Annual Amount

6545

Tax Legal Description

T4 R68 S17 SE/4 E 140.125FT OF N/2 OF NW/4 OF SW/4 OF SW/4OF SE/4 EXC E 14FT & EXC W 0.75FT & EXC N 50FT & EXC S 50FT

Tax Year

2024

Title Company

Elevated Title

Neighborhood & Lifestyle

Community & Association

Senior Community

No

Subdivision Name

Athmar Park

Schools

Ratings

Elementary

Goldrick

Middle

Kepner

High

Abraham Lincoln

Elem. District

Denver 1

Middle District

Denver 1

High District

Denver 1

Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 29, 2026, 6:45pm.

1015 S Eliot Street 4

1015 S Eliot Street 4

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Leroy Lutu

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$200

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1015 S Eliot Street 4

1015 S Eliot Street 4

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Leroy Lutu