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28830431
32935941

1406 Clayton St, Denver, CO 80206

JH
CO 100106929
West Peak Properties
JP
CO 100021375
West Peak Properties
Listed by West Peak Properties
$1,025,000
192 days on market
Updated 23 days ago

1406 Clayton St, Denver

Details
APN 5012-05-013
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,598
Units 5
Cap Rate 5.42%
NOI $55,524
Occupancy 100%
Pro-Forma Cap Rate 6.6%
Pro-Forma NOI $67,633
Price per SqFt $285
Broker Co-Op Yes
Class C
Year Built 1897
Buildings 1
Stories 3
Lot Size (SqFt) 4,393
Zoning U-RH-3A
Ownership Individual

Updated Historic Brick 5-unit Multifamily in Cheesman Park

Marketing description

Updated 1897 Denver brick charmer in a premium Congress Park location, this fully leased five-unit property offers stable income today with clear upside ahead. Steeped in history, the building still showcases its original hardwood floors, beautiful moldings, fireplaces, stained glass, and intricate woodwork—paired seamlessly with updated kitchens and bathrooms that feature clean, newer finishes.

The unit mix includes spacious 1-bed and 2-bed layouts, a studio, and a top-floor attic apartment, each with its own character, tall ceilings, and generous natural light. Once a well-known social destination for government officials more than a century ago, the property carries a unique legacy while functioning as a reliable investment today. Heat is provided by a central boiler, utilities are master-metered, and on-site laundry, currently free, can be converted to income. The two-car garage also offers additional revenue potential.

Situated between City Park, Cheesman Park, the Botanic Gardens, and just minutes to Downtown Denver, this is an exceptional investment with strong demand, low vacancy risk, and room to elevate rents and value through thoughtful updates.

Investment highlights

𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 𝐇𝐈𝐆𝐇𝐋𝐈𝐆𝐇𝐓𝐒

• Historic 1897 brick property with original hardwood floors, stained glass, fireplaces, and detailed woodwork
Timeless architectural character that’s nearly impossible to replicate today.

• Fully leased 5-unit delivering stable in-place income with immediate upside potential
Strong demand and low vacancy risk in this high-rent neighborhood.

• Flexible unit mix (1-beds, 2-beds, studio, attic apartment)
Each unit offers tall ceilings, great light, and updated kitchens/baths.

• On-site laundry + two-car garage provide easy value-add income opportunities
Current free laundry can be monetized; garage can be leased separately.

• A+ location between City Park, Cheesman Park, and the Botanic Gardens
Minutes to Cherry Creek & Downtown - one of Denver’s most desirable rental pockets.


Listing Contacts

JH
CO 100106929
West Peak Properties
JP
CO 100021375
West Peak Properties
Listed by West Peak Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$55,524.00
$4,627.00/mo

Valuation Metrics

0
DSCR
5.42%
Cap Rate
5.42%
ROI

Map

Zoning

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U-RH-3A ResidentialMulti FamilyUrban Neighborhood Context Row House 3a
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jeff Hahl
License
100106929
Brokerage
West Peak Properties
Brokerage Phone
3037184969
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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