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33416121
33416120

2875 N HARRISON ST, DENVER, CO 80205

$800,000
5 days on market
Updated 1 day ago

2875 N Harrison Street

Details
APN 02254-25-013-000
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 3,835
Units 7
Cap Rate 7.66%
NOI $61,317
Tenancy Multi
Pro-Forma Cap Rate 8.44%
Pro-Forma NOI $67,500
Class C
Year Built 1953
Buildings 1
Stories 1
Lot Size (SqFt) 15,600
Zoning E-MU-2.5
Investment Type Value Add

Condo Conversion Ready

Marketing description

Land, Multifamily • 3,835 SF • 05/19/2025

Investment highlights

Investment Opportunity in Denver’s Thriving City Park Corridor

Located in the highly desirable Skyland/City Park neighborhood, 2875 N Harrison Street presents a rare opportunity to acquire a well-positioned 6-unit multifamily asset on a large 0.36-acre corner lot. The property features a classic brick construction, individual gas and electric metering, and a strong in-place income stream with an attractive cap rate. Beyond current cash flow, investors will appreciate the property's flexible E-MU-2.5 zoning, allowing for a variety of future residential redevelopment options including townhomes, duplexes, urban houses, garden court developments, and small apartment buildings. Situated within walking distance of City Park Golf Course, Denver Zoo, and Denver Museum of Nature & Science, the property benefits from strong neighborhood demographics, excellent walkability, and continued investment throughout the surrounding area. Whether you're seeking stable cash flow, value-add potential, or a long-term redevelopment play, 2875 N Harrison offers multiple paths to upside in one of Denver's most dynamic neighborhoods.

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$61,317.00
$5,109.75/mo

Valuation Metrics

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DSCR
7.66%
Cap Rate
7.66%
ROI

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