Listed by Malman Real Estate
$750,000
421-423 East Alameda Avenue
Details
Property Type Retail, Multifamily
Square Footage 2,136
Units 2
Year Built 1909
Year Renovated 2023
Zoning U-MS-2 - Commercial and Residential Allowed
Ground Lease No
Duplex | Mixed-Use Potential | Prime Location
Investment highlights
- Rare Duplex Opportunity – Two-unit residential property with layout ideal for investors or owner-users
- Mixed-Use Potential – Zoned and positioned for possible office or retail
- Prime Central Location – Situated along E Alameda Ave with strong visibility and convenient access to major corridors
- Income-Producing Asset – Opportunity for stable rental income with upside through repositioning or rent growth
- Owner-User Flexibility – Occupy one unit and lease the other to offset expenses
- High Demand Submarket – Located in a desirable Denver neighborhood with strong residential and commercial activity
- Value-Add Potential – Enhance returns through renovations, re-tenanting, or adaptive reuse
- Walkable Amenities – Close proximity to dining, retail, and neighborhood services
- Easy Accessibility – Minutes to Downtown Denver, Cherry Creek, and major transportation routes
- Street Presence – Excellent frontage along a well-traveled corridor
Listing Contacts
Listed by Malman Real Estate
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Zoning
U-MS-2 CommercialNeighborhood CommercialUrban Neighborhood Context Main Street 2
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View all 141 uses
View all 141 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
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