Under contract

1437 Columbine St, Denver, CO 80206

Beds
6
Baths
7
Sqft
4,912

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLIV Sotheby's International Realty
  • 0
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
7
Square feet
4,912
Lot size (acres)
0.17
Year built
1905

Interior features

Basement
Yes, Finished
Fireplaces
3
Laundry
Common Area

Utilities

Heating
Hot Water, Steam
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$7,378

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: REColorado MLS®#: 6990012 Last checked:

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than LIV Sotheby's International Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.