1015 S Eliot ST Denver, CO 80219
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,043 sqft
Price per Sqft $193
Subdivision Athmar Park
MLS Listing ID 9735734
Style Modular
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1979
Lot Size 8,029 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Property Description
Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition.
The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property's appeal and reduce near-term capital needs.
Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.
Location
State CO
County Denver
Zoning E-TU-C
Direction Northeast
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Pantry
Heating Forced Air
Cooling Central Air
Flooring Carpet, Vinyl
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Garden, Lighting, Private Yard, Rain Gutters, Spa/Hot Tub
Fence Full
Waterfront Description Public
Roof Type Unknown
Porch Patio
Private Pool No
Building
Lot Description Level
Faces Northeast
Story Two
Sewer Public Sewer
Water Public
Architectural Style Modular
Schools
School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1
Others
Senior Community No
Tax ID 5174-00-131
Special Listing Condition None Known
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Nearby Locations
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TESTIMONIALS
Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.