1437 Columbine Street, Denver, CO 80206
$1,850,000
1437 Columbine Street

1437 Columbine Street

Classic 1905 Revival-style triplex in the heart of Denver's Congress Park, offering 5,480 sq. ft. of income-producing space and timeless character. Configured as three units with 6 bedrooms and 6 bathrooms total, this property blends historic charm with strong investment potential. Unit A spans two levels with 3 beds/3 baths, while Units C and D offer 2-bed/2-bath and 1-bed/1-bath layouts. Current long-term leases generate $1,850-$2,250/month per unit, with projected annual income of $103,000 for full long-term occupancy--or $140,000+ if Unit A is operated as a short-term rental. Estimated cap rate ranges from 5.3%-5.8%, with additional upside through modest updates, utility pass-throughs, or garage/parking income.

Recent updates include a new boiler system, city-compliant fire escape, underfloor heating, updated bathrooms in Units A and C, re-landscaped front and back yards with retaining wall, new patio and outdoor lighting, fully automated sprinkler system, smart lighting, CCTV, and electronic keypads. Original details remain throughout--woodwork, stained glass, tile fireplaces, radiators, pocket doors, and a welcoming front porch--elements that attract both long-term tenants and Airbnb guests.

Additional highlights: two laundry areas, three off-street parking spaces (with potential for a future garage), and a fully fenced backyard.

Prime location in one of Denver's most walkable neighborhoods--just blocks from City Park, Denver Botanic Gardens, Washington Park, and Colfax Avenue's dining and nightlife. Stroll to favorites like Shells & Sauce, Chef Zorba's, and Genesee Coffee, or explore Cherry Creek's upscale shopping minutes away. Convenient to bus and light rail, plus Rose, National Jewish, St. Joseph's, and Anschutz hospitals. Zoned for multifamily with potential for single-family conversion (nearby homes trade around $5M) or reconfiguration to four units, this is a rare, flexible asset in a coveted corridor.
  • 6 BEDS
  • For Sale
  • 1905 BUILT
  • 7,405.2 Sq.Ft. LOT
  • 5,480 Sq.Ft.

Katie Fredrick

Broker Associate | CLHMS, CNE
PHONE NUMBER (720) 628-2735
ADDRESS 858 W Happy Canyon Rd, , Castle Rock, CO 80108
EMAIL ADDRESS [email protected]
License FA100069320
Contact Agent

Features & Amenities

Area & Lot

  • Status:For Sale
  • LIVING SPACE:5,480 Sq.Ft.
  • TOTAL AREA:5,480 Sq.Ft.
  • LOT SIZE:7,405.2 Sq.Ft.
  • MLS® ID:6990012
  • Type: Multi-Family
  • Year Built:1905
  • Neighborhood:Denver
  • View Description:City
  • ELEMENTARY SCHOOL:Teller
  • MIDDLE SCHOOL:Morey
  • HIGH SCHOOL:East
  • School District:Denver 1

Interior

  • Total Bedrooms:6
  • Total Bathrooms:7
  • Laundry Room:Common Area, Multiple Locations
  • Flooring information:Carpet, Stone, Tile, Wood
  • Fireplace:Basement, Dining Room, Family Room
  • Appliances:Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer, Wine Cooler
  • Other Interior Features:Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data

Exterior

  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected
  • ROOF:Composition
  • Lot Features:Historical District, Level, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Heat Type:Hot Water, Steam
  • Air Conditioning:Air Conditioning-Room
  • Sewer:Public Sewer
  • Security Features:Smart Locks, Smoke Detector(s)
  • Other Exterior Features:Balcony, Garden, Gas Grill, Private Yard

Financial

  • SALES PRICE $1,850,000
  • REAL ESTATE TAXES $7,378/yr
  • Zoning U-RH-3A
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