3544 S BANNOCK ST
Multifamily | 6.46% CAP | 4 Units
Marketing description
Marcus & Millichap is pleased to present 3544 S Bannock St, a fully renovated four-unit multifamily investment opportunity located in the highly desirable Englewood submarket just minutes south of Downtown Denver. The property features four spacious one-bedroom, one-bathroom residences that have been thoughtfully updated with modern finishes and include in-unit washers and dryers, creating a highly attractive rental product with limited near-term capital expenditure requirements.
Situated just minutes from Swedish Medical Center, Craig Hospital, Porter Hospital, and Downtown Englewood, the property benefits from strong tenant demand generated by one of the Denver metro area's largest medical and employment corridors. Offered at an attractive $800,000 price point, investors have the opportunity to acquire a turnkey multifamily asset at an accessible basis while benefiting from durable cash flow, continued rental demand, and long-term appreciation in one of the metro area's strongest infill submarkets.
Investment highlights
- Each residence features a large one-bedroom, one-bathroom layout, offering significantly more living space than many competing apartments throughout the Englewood market. The generous floor plans continue to appeal to professionals and long-term residents seeking functional living environments.
- Located in one of Denver's most established and rapidly improving submarkets, the property offers convenient access to Downtown Denver, South Broadway, numerous restaurants, retail destinations, and the RTD Light Rail system. Englewood continues to experience strong rental demand driven by its central location, walkability, and continued public and private investment.
- The combination of renovated interiors, desirable unit layouts, in-unit laundry, proximity to major employers, and a highly sought-after Englewood location positions the property for durable occupancy and continued long-term rental growth.
- The property has undergone extensive renovations, creating a true turnkey investment with minimal deferred maintenance. Modern interior finishes provide investors with a low-maintenance ownership opportunity while attracting quality tenants seeking updated living spaces.
- The property is located just minutes from Swedish Medical Center, Craig Hospital, and Porter Hospital, placing residents near thousands of healthcare jobs and creating a consistent tenant base supported by one of the region's largest employment hubs.
- Offered at approximately $800,000, the property provides investors with a rare opportunity to acquire a fully renovated Denver-area multifamily asset at an accessible price point. The lower basis appeals to first-time multifamily investors, 1031 exchange buyers, and private capital seeking stable cash flow without the larger equity requirements associated with higher-priced assets.
- Each apartment includes its own in-unit washer and dryer, an amenity that remains highly desirable among renters and provides a competitive advantage over comparable properties in the surrounding area.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
