VA Assumable loan at 3.75% Ask Agents for Information! Turnkey fourplex in Northeast Park Hill offering a compelling opportunity for investors and owner-occupants alike. The property currently generates $8,445/month in gross scheduled rental income, sitting at a 5.12% cap rate and all four units thoughtfully updated and maintained. The unit mix includes two 3-bedroom units and two 2-bedroom units, providing strong rental versatility and broad tenant appeal. One unit will be delivered vacant at closing, creating an immediate opportunity for an owner-occupant to live on-site while benefiting from income from the remaining units, or for an investor to reposition the unit at market rent.
Significant improvements have been completed throughout 2024–2026, including new windows, interior doors, paint, blinds, LED lighting, appliances, electrical breakers, central air conditioning, exterior paint and siding, professional landscaping, a new paver patio, and updated safety features. Additional unit-specific improvements include restored hardwood flooring, a professionally remodeled bathroom, and a remodeled kitchen.
The oversized detached 2-car garage offers an additional value-add opportunity, with approximately 676 SF already framed for a potential ADU/fifth unit and electrical wiring pulled through the existing framing. Buyer to verify zoning, permitting, feasibility, and all development requirements with the City and County of Denver. The property also offers at least five off-street parking spaces.
Residents are separately metered for gas and electric, while water, sewer, and trash are billed back to the units at a 25% share each. With strong existing rental income, extensive recent renovations, multiple off-street parking spaces, potential ADU upside, and the flexibility to occupy one unit, this property offers a rare combination of immediate cash-flow potential and future value-add opportunity in Northeast Park Hill.
For sale
Price cut: $70K (9/21)
$1,380,000
3243 Kearney Street, Denver, CO 80207
10beds
5baths
7,545sqft
Quadruplex
Built in 1955
-- sqft lot
$1,337,300 Zestimate®
$183/sqft
$-- HOA
What's special
- 56 days
- 369
- 28
Zillow last checked:
Listing updated:
Listed by:
Katherine McCaslin 970-402-9329 katie.mccaslin@serhant.com,
Serhant Colorado LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 7898418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry: Common Area, In Unit, Multiple Locations
Features
- Flooring: Wood
- Basement: Bath/Stubbed,Finished,Full
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 7,545
- Total interior livable area: 7,545 sqft
- Finished area above ground: 2,290
- Finished area below ground: 5,255
Property
Parking
- Total spaces: 5
- Details: Off Street Spaces: 5
Features
- Levels: Two
- Stories: 2
Lot
- Features: Level
Details
- Parcel number: 129228006
- Zoning: E-SU-DX
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Block, Frame
- Roof: Composition
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Northeast Park Hill
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $183/sqft
- Annual tax amount: $6,285
- Date on market: 8/19/2026
- Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
- Exclusions: Personal Property
- Ownership: Individual
- Lease term: Other
- Tenant pays: Electricity, Gas, Internet, Trash Collection, Water
Estimated market value
$1,337,300
$1.27M - $1.40M
$3,107/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $1,380,000-4.8%$183/sqft |
Source: | ||
| 9/8/2026 | Price change | $1,450,000-3.3%$192/sqft |
Source: | ||
| 8/19/2026 | Listed for sale | $1,500,000$199/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Northeast Park Hill
Nearby schools
Schools provided by the listing agent
- Elementary: Smith Renaissance
- Middle: McAuliffe International
- 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.









