Active
1241 Monroe Street
Denver CO, 80206
$1,400,000
$422.71 per sqft
Active
6 Beds
4 Baths
3,312 sqft
Multi-family
Built in 1954
Investment Opportunity! 4-PLEX Situated just 1/2 block from Congress Park's beloved local shops, restaurants, ice cream spots, and bars, this property delivers unbeatable walkability. Also a short stroll takes you to the vibrant retail scene at 8th & Colorado, and you're only a 5-minute drive from Cherry Creek North and quick, convenient access downtown Denver.
Property Highlights
Duplex Layout: Two up-down rentals on each side
Upper Units: 2 bedrooms, 1 bath each
Garden-Level Units: 1 bedroom, 1 bath each with separate entrances
Diverse Income Potential:
Rent all four units long-term for steady cash flow
Live in one unit and use the others to offset your mortgage--potentially live payment-free!
Explore short-term rental options to maximize returns
Turnkey Condition:
Complete remodel!
New windows
New roof (2023)
New furnace (2023)
New electrical panel (2023)
Why You'll LOVE It
Whether you're an investor seeking a performing property or a homeowner dreaming of living in a vibrant, walkable neighborhood while generating income, this Quadplex checks every box. Its location and updates make it an exceptional find that's ready to produce immediate returns.
DON"T MISS OUT!
Opportunities like this are rare. Contact us today to schedule a private showing and learn more about this one-of-a-kind investment in Congress Park! Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.
9732280
MLSⓇ ID
January 10, 2025
Listed
January 17, 2025
Updated
Map
1241 Monroe Street
Denver CO, 80206
Interior Features
Total Stories
1
Bedrooms
6
Total Bathrooms
4
Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range Hood, Refrigerator, Washer
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Level
Roof
Composition
Sewer
Public Sewer
School Information
School District
Denver 1
High School
East
Elementary School
Teller
Other Property Details
Taxes
$5,627
Tax Frequency
Annually
Garage
Yes
Garage Spaces
5
Parking Total
5
View
No
County
Denver
Water Source
Public
Pool
No
Zoning
U-TU-C
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Data last updated 3:01 PM UTC, 1/17/2025
