Value-Add quadplex one block away from Cheesman Park offered at a 5.87% cap rate.
Diverse unit mix consisting of one studio, two 1bds, and one 2bd. Two of these units have been recently renewed at higher lease rates.
New owner can increase income by renovating all units and increase rent.
Alley parking in the rear of the building.
Sold for $800,000
$800,000
1280 N Race, Denver, CO 80206
5beds
4baths
2,867sqft
Quadruplex
Built in 1894
-- sqft lot
$853,100 Zestimate®
$279/sqft
$2,842 Estimated rent
Home value
$853,100
$785,000 - $930,000
$2,842/mo
Zestimate® history
Owner options
List your home for rent
$2,842/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,842/mo
Rent Zestimate®
Refinance and save
$4,576/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,576/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Scott Whitfield 303-919-7967 scott@capitalpropgroup.com,
Capital Property Group LLC,
Paul Hanson 303-889-9062,
Capital Property Group LLC
Bought with:
Sue Viney
Hazel Sky Homes LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 3348094
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Features
- Basement: Partial
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,867
- Total interior livable area: 2,867 sqft
- Finished area above ground: 2,867
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Details: Off Street Spaces: 3
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,125 Square Feet
Details
- Parcel number: 502119003
- Zoning: G-MU-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Fixer
- Year built: 1894
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Wymans
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $279/sqft
- Annual tax amount: $5,988
- Date on market: 2/21/2024
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Exclusions: Owner And Tenant Personal Property
- Ownership: Individual
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2024 | Sold | $800,000-5.9%$279/sqft |
Source:  REcolorado as distributed by MLS GRID #3348094 Report a problem | ||
| 3/6/2024 | Pending sale | $850,000$296/sqft |
Source: REcolorado as distributed by MLS GRID #3348094 Report a problem | ||
| 2/21/2024 | Listed for sale | $850,000$296/sqft |
Source: REcolorado as distributed by MLS GRID #3348094 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Cheesman Park
Nearby homes
- $800,0005 bd4 ba2.8k sqft1280 Race St, Denver, CO 80206Sold
- $--2 bd1 ba1.1k sqft1280 Race St APT 1, Denver, CO 80206Off Market
- $--1 bd1 ba600 sqft1280 Race St APT 2, Denver, CO 80206Off Market
- $--1 bd1 ba400 sqft1280 Race St APT 4, Denver, CO 80206Off Market
- $---- bd1 ba390 sqft1280 Race St APT 3, Denver, CO 80206Off Market
- $629,1002 bd2 ba1.3k sqft1284 Race St, Denver, CO 80206Off Market
- $815,3003 bd3 ba1.9k sqft1276 Race St, Denver, CO 80206Off Market
- $--2 bd1 ba600 sqft1290 Race St APT 2, Denver, CO 80206Off Market
Nearby schools
GreatSchools rating
- 10/10Bromwell Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Morey Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Bromwell
- Middle: Morey
- High: East
- District: Denver 1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$853,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$853,100
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Denver Topics
