Property Description

Multifamily investment opportunity that can be combined with the adjacent 4-unit at 1359–1365 Wolff Street to create an 8-unit portfolio. Located near 10th Avenue and Sheridan Boulevard, immediately north of Dry Gulch, this fully occupied fourplex is positioned within an area undergoing significant multi-phase redevelopment.
The property features four 2-bedroom, 1-bath units with quality rental-grade updates in most units and separately metered utilities. Multiple value-add opportunities exist through future rent growth and additional income from the detached two-car garage. Major improvements include a newer roof in 2023, two boilers approximately 2 and 15 years old, two new water heaters in 2021, and new swamp coolers in 2024 and 2025. The 7, 813-square-foot lot features a meticulously landscaped yard with decorative black metal fencing and additional off-street parking.
Adjacent to Dry Gulch, residents have convenient access to its walking and biking path, along with the nearby 10th and Sheridan light rail station providing connections to downtown Denver and other destinations. Sloan’s Lake, Edgewater Public Market offering restaurants, shops, nightlife, and recreational amenities are also nearby. Ongoing transit-oriented investment and neighborhood redevelopment provide strong long-term demand and appreciation potential.
The neighboring 4-unit at 1359–1365 Wolff Street is also available, creating an opportunity to assemble 8 units together for improved operating efficiency, management economies of scale, and enhanced exit optionality. Sold together is preferred, but available individually.