Property
ActiveCommercial
1/17
$2,600,000

1475 Cherry Street

Denver, CO 80220
0
Beds
0
Baths
12,339
SqFt
0.32
Acres
RECOLORADO
#9343269
Updated: Oct 4, 2026, 3:30am

Property Description

Prime Investment Opportunity With Seller Financing Available: 17-Unit Apartment Complex in Denver with Value-Add
Potential Nestled just steps from Colfax Avenue, Denver's vibrant cultural and commercial corridor, this 17-unit apartment
complex presents an unparalleled opportunity for investors. This property boasts a blend of urban convenience and
untapped potential, making it an ideal choice for those seeking to maximize returns in one of Denver’s most dynamic
neighborhoods. Property Highlights: Unit Mix: A built-for property with a versatile mix of 1-bedroom and 2-bedroom
apartments, catering to a broad tenant base. Location: Situated within walking distance to Colfax Avenue, this property
offers easy access to restaurants, breweries, coffee shops, and boutique retail. The proximity to public transportation and
major thoroughfares ensures strong tenant demand. Upside Potential: While currently stabilized with consistent
occupancy, this property offers significant room for upside potential through strategic upgrades. On-Site Amenities:
Includes dedicated parking, a shared courtyard space, and on-site laundry facilities—features that are highly desirable for
tenants in this area. Value-Add Opportunities: Renovation Potential: Cosmetic updates to kitchens, bathrooms, and flooring
could drive up rental income. Energy Efficiency Upgrades: Implementing energy solutions like LED lighting, low-flow
fixtures, and solar panels could lower operating costs. Reconfiguration Options: Certain units offer the potential for
conversion or reconfiguration to maximize rental income. Neighborhood Features: Colfax Avenue is the heartbeat of
Denver, offering entertainment venues, art galleries, and nightlife. This property’s location also benefits from proximity to
several parks, schools, and employment hubs, ensuring a steady stream of qualified tenants. The area is experiencing
continued growth, with developments and revitalization efforts enhancing its long-term value

Property Details

Interior
Building Area Total
12339
Construction
Also Marketed As
Residential IncomeCommercial Sale
Construction Materials
BrickFrame
Number Of Units Total
17
Roof
Rolled/Hot Mop
Structure Type
Low Rise (1-3)
Year Built
1946
Year Built Effective
2020
Site & Exterior
Current Use
Multi-Family
Lot Features
LandscapedSprinklers In Front
Lot Size Acres
0.32
Lot Size Area
14100
Lot Size Square Feet
14100
Lot Size Units
Square Feet
Offstreet Spaces
6
Parking Total
6
Road Frontage Type
Public
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Zoning
U-TU-C
Financials
Contract Earnest Check To
Equity Title
Contract Min Earnest
50000.00
Owner Pays
ElectricityTrash CollectionWater
Parcel Number
6062-03-018
Tax Annual Amount
21528
Tax Legal Description
S 63FT OF PLOT 16 & N 1/3 OF PLOT 15 EXC REAR 8FT TO CITYBLK 2 BELLEVUE
Tax Year
2025
Title Company
Equity Title

Neighborhood & Lifestyle

WalkScore™
Walk Score
Very Walkable
79
Transit Score
Good Transit
52
Bike Score
Very Bikeable
79
Listing provided courtesy of RECOLORADO via IDX. Updated: Oct 4, 2026, 3:30am.
Joseph Prinzi

Listing Agent

The Old Country Real Estate Group LLC

Call Agent