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For sale
  • $1,500,000

    3243 Kearney Street, Denver, CO 80207

    10beds
    5baths
    7,545sqft
    : 
    $8,914/mo
    Get pre-qualified
    Quadruplex
    Built in 1955
    -- sqft lot
    $1,436,800 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    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.
    6 days
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    19
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    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#: 7898418MLS Logo

      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: $199/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

        $1,436,800

        $1.36M - $1.51M

        Not available

        Price history

        DateEventPrice
        8/19/2026Listed for sale$1,500,000$199/sqft
        Source: REcolorado as distributed by MLS GRID #7898418 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Northeast Park Hill

        Getting around

        54 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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