Lease to Own
Address
1015 S Eliot St # 1-4, Denver, CO
Price
$ 975,000
Property Attributes
  • MLS#9735734
  • TypeSingle Family
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • AreaMetro Denver
  • NeighborhoodAthmar Park
  • Zip80219
  • Style
  • Year Built1979
  • Taxes$ 6545
  • Price$ 975,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms4
  • Sqr Footage5043
  • Lot Size0.18 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description

Well-maintained 4-unit investment opportunity in a centrally located Denver neighborhood with strong rental demand and value-add potential. The property consists of four 2-bedroom, 1-bath units in a two-story, walk-up building with dedicated off-street parking and direct exterior unit entrances. Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances - ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition. The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property's appeal and reduce near-term capital needs. Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.

Elementary School Middle School High School
Goldrick Elementary School Kepner Middle School Abraham Lincoln High School
Price History
4/20/2026 Listed $975,000

General Features

Living Area 5043
Sewer Public Sewer
Heating Forced Air
Cooling Central Air,Ceiling Fan(s)
Roof Other
Appliances Dishwasher,Refrigerator,Washer,Dryer,Microwave,Disposal
Zoning E-TU-C
Garage Spaces 8
Patio/Porch Features Patio
Construction Materials Frame,Concrete
Exclusions N/A
Pets Allowed Private Yard
Year Built 1979
Levels Two
Unit Number 1-4
Tax Year 2024
Accessibility Level Lot
County Denver
New Construction No
Property Type Residential
HOA No
Energy Efficient Windows
Subdivision Name Athmar Park
Full Baths 4
Status Active
High School Abraham Lincoln
City Denver
High School District Denver District 1
MLS Area Metro Denver
Elementary School Goldrick
Property Attached Y/N Yes
Tax Annual Amount 6545
Middle/Junior High School Kepner
MLS Area Minor Metro17/DSW
Standard Status Active
Expected Active Date 2026-04-20
AttributionContact [email protected]

Interior Features

Interior Amenities Pantry
Basement Radon Test Available
Window Features Window Coverings
Above Grade Finished Area 5043
Half Baths 4
Total Bedrooms 8
LivingAreaSource Assessor
Total Baths 8

Exterior Features

Fencing Fenced
Parking Features Off Street
Lot Features Level,Outbuildings,House/Lot Faces NE,Paved,Gutters
Water Source City
Lot Size Area 8029
Lot Size Acres 0.18
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 80219

Price
AVG $490K
$980K
Taxes
AVG $2,468
$6,545
Year Built
AVG 1952
1979
Visits
AVG 104
264
Data Provided by Inside Real Estate®

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