Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market.
With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.
Sold for $700,000
$700,000
4489 Grant Street, Denver, CO 80216
5beds
3baths
2,566sqft
Triplex
Built in 1894
-- sqft lot
$667,100 Zestimate®
$273/sqft
$2,573 Estimated rent
Home value
$667,100
$620,000 - $720,000
$2,573/mo
Zestimate® history
Owner options
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$2,573/mo
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$2,573/mo
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$4,042/mo
Est. payment
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$4,042/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Christopher Mitton 303-887-4955 cmitton@pinnaclerea.com,
Pinnacle Real Estate Advisors
Bought with:
Christopher Mitton
Pinnacle Real Estate Advisors
Source: REcolorado as distributed by MLS GRID,MLS#: 7233580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Steam
Cooling
- Has cooling: Yes
Appliances
- Laundry: In Unit
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,566
- Total interior livable area: 2,566 sqft
- Finished area above ground: 2,566
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Details: Off Street Spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Garden, Private Yard, Rain Gutters
- Fencing: Partial
Lot
- Size: 9,375 Square Feet
- Features: Level
Details
- Parcel number: 222133029
- Zoning: E-MX-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Cement Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1894
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
Community & HOA
Community
- Subdivision: Globeville
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $273/sqft
- Annual tax amount: $2,283
- Date on market: 11/25/2024
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
- Exclusions: Tenants Personal Property
- Ownership: Individual
- Tenant pays: Other
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $700,000$273/sqft |
Source:  REcolorado as distributed by MLS GRID #7233580 Report a problem | ||
| 2/5/2025 | Pending sale | $700,000$273/sqft |
Source: REcolorado as distributed by MLS GRID #7233580 Report a problem | ||
| 11/25/2024 | Listed for sale | $700,000$273/sqft |
Source: REcolorado as distributed by MLS GRID #7233580 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Globeville
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Nearby schools
GreatSchools rating
- 4/10Garden Place Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 2/10Manual Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Manual High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Garden Place
- Middle: Mcauliffe Manual
- High: Manual
- 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
$667,100
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
$667,100
- Colorado
- Denver County
- Denver
- 80216
- Globeville
- 4489 Grant Street
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