Property
ActiveResidential
1/10
$1,850,000

982 S Sheridan Boulevard

Denver, CO 80226
20
Beds
10
Baths
7,500
SqFt
0
Acres
RECOLORADO
#3064703
Updated: May 28, 2026, 11:30pm

Property Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation.

With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income.

982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver’s strong market fundamentals.

Property Details

Interior
Above Grade Finished Area
7500
Building Area Total
7500
Cooling
Central Air
Heating
Forced Air
Living Area
7500
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Construction Materials
Brick
Levels
One
Roof
Unknown
Structure Type
Quadruplex
Year Built
1956
Site & Exterior
Lot Features
Level
Offstreet Spaces
16
Parking Total
16
Sewer
Public Sewer
Zoning
E-TU-C
Financials
Contract Earnest Check To
Title Company
Ownership
Individual
Parcel Number
5183-00-882
Special Listing Conditions
None
Tax Annual Amount
9525
Tax Legal Description
T4 R68 S18 SW/4 DIF BOOK 0327-580 EXC WLY 10FT FOR ROWSHERIDAN BLVD
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
Westwood
Schools
Ratings
Elementary
Force
Middle
DSST: Byers Middle School
High
John F. Kennedy
Elem. District
Denver 1
Middle District
Denver 1
High District
Denver 1
Listing provided courtesy of RECOLORADO via IDX. Updated: May 28, 2026, 11:30pm.
Charles Burkhart

Listing Agent

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Call Agent