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31248182
31248209

2337 E 12th Ave, Denver, CO 80206

KW
CO FA.100079114
MMG
SB
EO-100081587
MMG
CM
EC.100107354, CO FA.100081883
MMG
Listed by MMG
$974,000
81 days on market
Updated 43 days ago

2337 East 12th Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,985
Units 3
Cap Rate 4.69%
NOI $45,698
Pro-Forma Cap Rate 5.9%
Pro-Forma NOI $57,442
Price per SqFt $326
Year Built 1906
Year Renovated 2025
Buildings 1
Stories 2

Multifamily | 3 Units | $324,667/unit

Marketing description

MMG Real Estate Advisors is pleased to present the opportunity to acquire 2337 E 12th Avenue, a 3-unit apartment building located in Denver’s highly sought-after Congress Park / Cheesman Park neighborhood. The property features classic historic architecture — including leaded glass windows and an original staircase. Ideally positioned in the heart of central Denver, just blocks from Cheesman Park, Congress Park, and the Denver Botanic Gardens, this is an exceptional opportunity for an investor or owner-occupant to acquire a well-located, character-rich asset in one of the city’s most walkable and established neighborhoods.

Investment highlights

  • Premier Congress Park / Cheesman Park Location: Located just blocks from Cheesman Park, Congress Park, and the Denver Botanic Gardens, 2337 E 12th Avenue sits at the center of one of Denver’s most desirable and established neighborhoods. The property is only minutes to Downtown Denver and Cherry Creek, offering residents convenient access to the city’s primary employment, dining, and retail corridors. This central positioning supports sustained rental demand and long-term asset value.

  • Classic Historical Architecture: The property features classic historic architecture that sets it apart from newer construction, including leaded glass windows and an original staircase. These character details resonate strongly with tenants who seek the authenticity and craftsmanship of Denver’s established neighborhoods — contributing to resident satisfaction and retention.

  • Off-Street Parking in a High-Demand Neighborhood: The property includes two off-street parking spaces, providing a valued convenience for residents in a dense, high-demand urban neighborhood where parking is at a premium.

  • Exceptional Walkability & Proximity to Denver’s Best Amenities: Residents enjoy close proximity to everyday essentials including Trader Joe’s, Safeway, and King Soopers, as well as numerous restaurants, cafes, and neighborhood amenities. The property’s walkable location within Congress Park / Cheesman Park places tenants in one of Denver’s most livable urban environments.

Listing Contacts

KW
CO FA.100079114
MMG
SB
EO-100081587
MMG
CM
EC.100107354, CO FA.100081883
MMG
Listed by MMG

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,698.00
$3,808.17/mo

Valuation Metrics

0
DSCR
4.69%
Cap Rate
4.69%
ROI

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Additional Information

Name
Kevin Woolsey
License
FA.100079114
Brokerage
Capstone Companies
Title
Senior Advisor
Brokerage Address
1031 Santa Fe Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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