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For sale
  • Price cut: $4K (5/20)
    $645,000

    4741 Race Street, Denver, CO 80216

    5beds
    3baths
    2,200sqft
    : 
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    Triplex
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $293/sqft
    $-- HOA

    What's special

    Rare Turnkey Opportunity. MLS Square Footage is only for the main house. Additional Square Footage with the detached unit. All units are remodeled. Main house is an up/down duplex with 2 Bedrooms and 1 Bathroom in each unit. The detached unit is a 1 Bedroom 1 Bathroom. Positioned in one of Denver’s high-demand corridors, this meticulously remodeled three-unit property is a standout for investors seeking stability and immediate cash flow in 2026. As the Denver market shifts toward a "strategic buyer" landscape with moderate appreciation and rising inventory, this turnkey asset eliminates the risk of high renovation costs and lengthy construction delays. All three units have been extensively updated with modern finishes. Perfect for the "strategic buyer," this property allows an owner-occupant to live in one unit while the other two cover the mortgage—an ideal strategy given current 2026 interest rates. With 2026 home prices showing steady 2–4% annual growth, this property offers a hedge against inflation while providing a consistent income stream from day one. In a 2026 market that rewards prepared investors, this fully renovated triplex is a rare find.
    189 days
    |
    242
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Toby Waters 720-300-5114 303RealEstate@gmail.com,

    LoKation Real Estate

    Source: REcolorado as distributed by MLS GRID,MLS#: 8958180MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Baseboard, Forced Air, Steam
      Cooling
      • Central Air
      Features
      • Flooring: Tile, Vinyl, Wood
      • Basement: Exterior Entry,Finished,Full,Walk-Out Access
      Interior area
      • Total structure area: 2,200
      • Total interior livable area: 2,200 sqft
      • Finished area above ground: 1,100
      • Finished area below ground: 1,100

      Property

      Parking
      • Total spaces: 3
      • Details: Off Street Spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch, Patio
      Lot
      • Size: 5,640 Square Feet
      • Features: Level
      Details
      • Parcel number: 223105027
      • Zoning: E-TU-B
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Swansea
      HOA
      • Has HOA: No
      Location
      • Region: Denver

      Financial & listing details

      • Price per square foot: $293/sqft
      • Annual tax amount: $2,741
      • Date on market: 1/2/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
      • Exclusions: Tenants Personal Property.
      • Ownership: Corporation/Trust
      • Tenant pays: Cable TV, Electricity, Internet

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/20/2026Price change$645,000-0.6%$293/sqft
        Source: REcolorado as distributed by MLS GRID #8958180 Report a problem
        4/1/2026Price change$649,000-1.5%$295/sqft
        Source: REcolorado as distributed by MLS GRID #8958180 Report a problem
        3/25/2026Pending sale$659,000$300/sqft
        Source: REcolorado as distributed by MLS GRID #8958180 Report a problem
        3/20/2026Price change$659,000-1.5%$300/sqft
        Source: REcolorado as distributed by MLS GRID #8958180 Report a problem
        2/18/2026Price change$669,000-0.9%$304/sqft
        Source: REcolorado as distributed by MLS GRID #8958180 Report a problem
        1/2/2026Listed for sale$675,000$307/sqft
        Source: REcolorado as distributed by MLS GRID #8958180 Report a problem

        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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Elyria Swansea

        Getting around

        66 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Swansea
        • Middle: Bruce Randolph
        • 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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