Perfect property for rental investors and/or condo converters! 2045 S Josephine St. is a classic 1950’s Denver property located in the highly desirable and prestigious neighborhood of DU. The location doesn’t get better being just 1 block off DU campus, and close to popular restaurants, retail, and bars. The property consists of 4 units with a favorable unit mix for the location of (2) 1bed/1bath, (1) 2bed/1bath, and (1) 3bed/1.5bath units. There is onsite laundry and private patios for tenants to enjoy. Units are separately metered for gas and electric with individual furnaces and hot water heaters. Additionally, the units are in a side-by-side layout which is not only preferred by tenants but also creates the opportunity to convert these units to condos and sell individually.
Sold for $1,200,000
$1,200,000
2045 S Josephine Street, Denver, CO 80210
7beds
5baths
2,917sqft
Quadruplex
Built in 1950
-- sqft lot
$1,273,900 Zestimate®
$411/sqft
$2,440 Estimated rent
Home value
$1,273,900
$1.16M - $1.41M
$2,440/mo
Zestimate® history
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$2,440/mo
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$5,563/mo
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$5,563/mo
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Zillow last checked:
Listing updated:
Listed by:
Jack Sherman 303-903-9638 jack@northpeakcre.com,
NorthPeak Commercial Advisors, LLC
Bought with:
Jack Sherman, 100085430
NorthPeak Commercial Advisors, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 6527320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: Common Area
Features
- Basement: Crawl Space
- Common walls with other units/homes: No One Above,No One Below
Interior area
- Total structure area: 2,917
- Total interior livable area: 2,917 sqft
- Finished area above ground: 2,917
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Features: Level
Details
- Parcel number: 525208012
- Zoning: G-MU-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
Condition
- Updated/Remodeled
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: University Park
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $1,371,200
- Annual tax amount: $6,833
- Date on market: 7/20/2024
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Exclusions: Tenants And Seller Personal Property
- Ownership: Individual
- Tenant pays: Gas, Internet
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2024 | Sold | $1,200,000-5.9%$411/sqft |
Source:  REcolorado as distributed by MLS GRID #6527320 Report a problem | ||
| 8/5/2024 | Pending sale | $1,275,000$437/sqft |
Source: REcolorado as distributed by MLS GRID #6527320 Report a problem | ||
| 7/20/2024 | Listed for sale | $1,275,000+338.1%$437/sqft |
Source: REcolorado as distributed by MLS GRID #6527320 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/20/2019 | Listing removed | $1,350 |
Source: Owner Report a problem | ||
| 12/7/2019 | Price change | $1,350-3.6% |
Source: Owner Report a problem | ||
| 11/8/2019 | Price change | $1,400-3.4% |
Source: Owner Report a problem | ||
| 10/7/2019 | Listed for rent | $1,450 |
Source: Owner Report a problem | ||
| 3/15/1999 | Sold | $291,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,833 +24.8% | $88,180 -3.9% |
| 2023 | $5,477 +1.4% | $91,750 +33.2% |
| 2022 | $5,403 +2.6% | $68,870 -4.9% |
| 2021 | $5,265 +2.9% | $72,410 +2% |
| 2020 | $5,117 +3.5% | $70,964 -0.7% |
| 2019 | $4,942 | $71,460 +11.9% |
| 2018 | $4,942 +0.3% | $63,880 |
| 2017 | $4,927 +26.2% | $63,880 +27.8% |
| 2016 | $3,905 +6.6% | $49,980 |
| 2015 | $3,664 0% | $49,980 +13.3% |
| 2014 | $3,665 -3.5% | $44,110 |
| 2013 | $3,798 +17.9% | $44,110 -2.4% |
| 2012 | $3,222 +15.6% | $45,180 +0% |
| 2011 | $2,786 +2.2% | $45,178 +8% |
| 2010 | $2,725 -4.2% | $41,840 |
| 2009 | $2,845 -0.2% | $41,840 -1.8% |
| 2008 | $2,850 +14.5% | $42,600 |
| 2007 | $2,490 +1.1% | $42,600 +14.5% |
| 2006 | $2,462 +1.7% | $37,190 |
| 2005 | $2,420 +34.4% | $37,190 -3.7% |
| 2003 | $1,801 +1.9% | $38,610 +28.3% |
| 2002 | $1,768 | $30,090 -0.9% |
| 2001 | -- | $30,360 |
Find assessor info on the county website
Neighborhood: University Park
Nearby homes
- $611,200-- bd-- ba-- sqft2045 S Josephine St APT 2, Denver, CO 80210Off Market
- $--1 bd1 ba547 sqft2045 S Josephine St APT 4, Denver, CO 80210Off Market
- $--2 bd1 ba850 sqft2045 S Josephine St APT 1, Denver, CO 80210Off Market
- $714,000-- bd-- ba7.5k sqft2055 S Josephine St, Denver, CO 80210Off Market
- $--1 bd1 ba500 sqft2075 S Josephine St #106, Denver, CO 80210Off Market
- $--1 bd1 ba500 sqft2075 S Josephine St #2721252, Denver, CO 80210Off Market
- $8501 bd1 ba500 sqft2075 S Josephine St #204, Denver, CO 80210For Rent
- $--1 bd1 ba500 sqft2075 S Josephine St APT 206, Denver, CO 80210Off Market
Nearby schools
GreatSchools rating
- 9/10University Park Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Merrill Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10South High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Merrill
- High: South
- 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.
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Estimated market value
$1,273,900
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
$1,273,900
- Colorado
- Denver County
- Denver
- 80210
- University Park
- 2045 S Josephine Street
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