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For sale
  • Price cut: $10K (10/8)
    $1,139,900

    3445 W Mansfield Avenue, Denver, CO 80236

    10beds
    4baths
    4,515sqft
    : 
    $7,283/mo
    Get pre-qualified
    Quadruplex
    Built in 1920
    -- sqft lot
    $1,107,900 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Basketball courtPrivate yard areasUpdated electrical serviceThree new furnacesHvac upgrades
    NEW PRICE – $1,139,900! Fourplex Investment Opportunity with Strong Rental Income & Expansion Potential! Now offered at $1,139,900, this income-producing multifamily property presents an outstanding opportunity for investors seeking immediate cash flow, long-term appreciation, and future development potential in the growing Sheridan/Denver market. Located within a Qualified Opportunity Zone, this approximately 4,515-square-foot property combines established rental income, extensive capital improvements, and exciting value-add possibilities. The property features a versatile mix of 2- and 3-bedroom units plus a studio. One of its unique income-generating features is a unit currently leased to two separate tenants, maximizing rental potential. All units are occupied, providing immediate rental income, with existing leases transferring to the new owner. Significant capital improvements include three new furnaces, HVAC upgrades, updated electrical service, major sewer infrastructure improvements, and replacement of most windows, helping reduce immediate capital expenditure needs. Tenant amenities further distinguish this property, including parking for 15+ vehicles, private yard areas, multiple storage sheds/outbuildings, and a basketball court—features rarely found together in multifamily properties. Beyond its current income potential, the oversized lot offers exciting possibilities for future growth. Current zoning may allow expansion to up to 8 units, subject to verification and required City of Sheridan approvals and permits. The seller is also offering the adjacent vacant land parcel at 3435 ½ W Mansfield Ave (MLS #3939482), recently reduced to just $99,900! Conveniently located near Downtown Denver, Santa Fe Drive, and US-285, the property provides easy access to employment centers, shopping, dining, and major transportation corridors.
    153 days
    238
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Ivelina Mileva 720-231-5475 Ivelina.Realtor@gmail.com,

    Equity Colorado Real Estate

    Source: REcolorado as distributed by MLS GRID,MLS#: 4416130MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Central Air, Evaporative Cooling
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: In Unit
      Features
      • Flooring: Vinyl
      • Has basement: No
      • Common walls with other units/homes: 1 Common Wall,2+ Common Walls
      Interior area
      • Total structure area: 4,515
      • Total interior livable area: 4,515 sqft
      • Finished area above ground: 4,515

      Property

      Parking
      • Total spaces: 15
      • Details: Off Street Spaces: 15
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Private Yard, Rain Gutters
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.5 Acres
      • Features: Level, Near Public Transit
      Details
      • Parcel number: 031971870
      • Zoning: Residential/Multi-family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Block, Wood Siding
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1920

      Utilities & green energy

      • Electric: 110V, 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Sheridan
      HOA
      • Has HOA: No
      Location
      • Region: Denver

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $780,000
      • Annual tax amount: $4,822
      • Date on market: 5/22/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,Jumbo,Other
      • Exclusions: None
      • Ownership: Individual
      • Tenant pays: Electricity
      • Electric utility on property: Yes

        Estimated market value

        $1,107,900

        $1.05M - $1.16M

        $2,118/mo

        Price history

        DateEventPrice
        10/8/2026Price change$1,139,900-0.9%$252/sqft
        Source: REcolorado as distributed by MLS GRID #4416130 Report a problem
        8/13/2026Price change$1,149,900-4.2%$255/sqft
        Source: REcolorado as distributed by MLS GRID #4416130 Report a problem
        5/25/2026Price change$1,199,900-4%$266/sqft
        Source: REcolorado as distributed by MLS GRID #4416130 Report a problem
        5/22/2026Listed for sale$1,250,000+4.2%$277/sqft
        Source: REcolorado as distributed by MLS GRID #4416130 Report a problem
        7/1/2025Listing removed$1,200,000$266/sqft
        Source: HomeSmart #7328143 Report a problem
        6/26/2025Listed for sale$1,200,000+48.1%$266/sqft
        Source: HomeSmart #7328143 Report a problem
        12/29/2021Sold$810,000-18.1%$179/sqft
        Source: Public Record Report a problem
        4/17/2020Listed for sale$989,000+143.6%$219/sqft
        Source: Homesmart Realty Group Of Colorado #2586199 Report a problem
        8/11/2005Sold$406,000+117.7%$90/sqft
        Source: Public Record Report a problem
        12/8/2003Sold$186,500+33.2%$41/sqft
        Source: Public Record Report a problem
        10/8/1993Sold$140,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,821 +9.3%$48,750 +0.4%
        2024$4,411 +18%$48,576 -7.9%
        2023$3,738 -1.1%$52,767 +32.6%
        2022$3,780 $39,780 -4.9%
        2021-- $41,828 +44.2%
        2020$3,058 -40.7%$29,015
        2019$5,157 --
        2018$5,157 +20.2%$47,124
        2017$4,291 $47,124 +11.1%
        2016-- $42,427
        2015-- $42,427 +2.7%
        2014$3,912 +17.3%$41,296 +19.2%
        2013$3,336 $34,630
        2012-- $34,630
        2011$3,776 -0.2%$34,630 -27.1%
        2010$3,784 +47.6%$47,500
        2009$2,563 $47,500 +47.7%
        2008-- $32,159
        2007-- $32,159 +113.8%
        2006-- $15,044
        2005-- $15,044 -6.3%
        2002$1,185 +11.1%$16,060 +19.4%
        2001$1,066 $13,450
        Find assessor info on the county website

        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: 80236

        Getting around

        55 / 100
        Somewhat Walkable
        33 / 100
        Some Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alice Terry
        • Middle: Fort Logan Northgate
        • High: Sheridan
        • District: Sheridan 2

        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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