7721-7729 East 14th, Ave — Sale in Denver, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Denver, CO 80220

Photos

7721-7729 East 14th, Ave — Sale in Denver, CO, photo 1 of 2
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Investment Figures

Cap rate
7.52%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 7721 E 14th Ave, a rare six-unit cottage-style multifamily investment opportunity located in the highly desirable East Denver submarket. Situated on a prominent 0.35-acre corner lot, the property consists of six fully renovated side-by-side residences that provide tenants with the privacy and feel of single-family living while offering investors the operational efficiencies of multifamily ownership. Each unit is complemented by a detached garage that is leased separately, creating an additional income stream and enhancing the overall tenant experience. The property is offered at a 7.52% Day One Cap Rate with the ability to increase to a 8.07% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential. Investment Highlights: • Six cottage-style homes offer single-family privacy with the efficiency of multifamily ownership. • Situated on a 0.35-acre corner lot with strong land value and future redevelopment potential. • Unique layout may support a future condo conversion, creating an additional value-add opportunity. • Fully renovated property with modern finishes and minimal near-term capital needs. • Detached garages provide additional income and a highly desirable tenant amenity.

Market Context

This multifamily in Denver, CO is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Denver, CO — view the full market.

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