www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33242806
33230748

2105 E 16th Avenue, Denver, CO 80206

HS
CO FA100086469
NORTHPEAK Commercial Advisors
JS
CO FA 100085430
NORTHPEAK Commercial Advisors
Listed by NORTHPEAK Commercial Advisors
$875,000
3 days on market
Updated 2 days ago

2105 E 16th Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,495
Units 6
Cap Rate 6.00%
NOI $52,342
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.70%
Pro-Forma NOI $58,635
Price per SqFt $250
Year Built 1893
Lot Size (SqFt) 2,950
Zoning G-RO-3
Investment Type Value Add

6 units in City Park prime location for $875,000

Marketing description

2105 E 16th Avenue is a charming 6-unit brick multifamily building located in Denver's highly desirable City Park West neighborhood. Built in 1893 and zoned G-RO-3, the property consists of (3) studio units and (3) 1bed/1bath units, offering a straightforward mix well-suited to the core Denver urban renter. City Park West is one of Denver's most walkable and bikeable neighborhoods, positioned just a few blocks from City Park, the Denver Zoo, and the Denver Museum of Nature and Science. Presbyterian St. Luke's Medical Center sits just 0.6 miles away, and East Colfax Avenue's restaurants, bars, and nightlife are steps from the front door, giving tenants an A+ urban lifestyle at an accessible price point.

The property is currently 100% occupied and has benefited from consistent capital investment over the years, including all new electrical completed approximately 15 years ago, vinyl windows 5 years ago, new water heater in 2025, and on-site laundry. Separately metered electric reduces owner utility exposure and simplifies operations. With current rents modestly below market, a buyer can expect meaningful upside through natural lease-up turnover without the need for significant capital outlay.

Investment highlights

Sub $900k for 6 units in a premium neighborhood

All new electrical completed approximately 15 years ago

Vinyl windows and on-site laundry

Separately metered electric reduces owner utility exposure

Highly walkable and bikeable location with easy access to East Colfax dining, nightlife, and retail

Listing Contacts

HS
CO FA100086469
NORTHPEAK Commercial Advisors
JS
CO FA 100085430
NORTHPEAK Commercial Advisors
Listed by NORTHPEAK Commercial Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,342.00
$4,361.83/mo

Valuation Metrics

0
DSCR
5.98%
Cap Rate
5.98%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Hunter Schaefer
License
FA100086469
Brokerage
NorthPeak Commercial Advisors
Title
Senior Advisor
Brokerage Address
1720 South Bellaire Street
Name
Jack Sherman
License
FA 100085430
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591