7721 E 14th Ave, Denver, CO

$1,100,000

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6

Beds

6

Baths

3,090

Square feet

About 7721 E 14th Ave

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 7.35% Day One Cap Rate with the ability to increase to a 7.89% 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.

Features of 7721 E 14th Ave

MLS® # 3395871
Price $1,100,000
Bedrooms 6
Bathrooms 6.00
Square Footage 3,090
Year Built 1948
Type Residential Income
Status Active

Community Information

Address 7721 E 14th Ave
Area Denver
Subdivision East Colfax
City Denver
County Denver
State CO
Zip Code 80220

Amenities

Parking Spaces 3
Parking Detached
# of Garages 3
Garages Detached
Is Waterfront No
Has Pool No

Interior

Heating Radiant
Fireplace No
Stories One

Exterior

Lot Description Level
Roof Other
Construction Other

School Information

District Denver District 1
Elementary Montclair
Middle Hill
High George Washington

Additional Information

Days on Market 45
Zoning E-TU-B
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentCharles Burkhart
OfficeMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Listing Map

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