About 5355 Quitman St
Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market. Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow. Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth. Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
Features of 5355 Quitman St
| MLS® # | 8926338 |
|---|---|
| Price | $950,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,400 |
| Acres | 0.31 |
| Year Built | 1971 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 5355 Quitman St |
|---|---|
| Area | Denver |
| Subdivision | Berkeley Gardens |
| City | Denver |
| County | Adams |
| State | CO |
| Zip Code | 80212 |
Amenities
| Utilities | Electricity Available, Cable Available, Master Meter-Electric, Master Meter-Gas |
|---|---|
| Parking Spaces | 8 |
| Parking | Attached |
| # of Garages | 2 |
| Garages | Attached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Refrigerator, Washer, Dryer, Disposal |
|---|---|
| Heating | Forced Air |
| Fireplace | No |
| Stories | One |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Composition |
| Construction | Frame |
School Information
| District | Westminster Public Schools |
|---|---|
| Elementary | Tennyson Knolls |
| Middle | Tennyson Knolls |
| High | Westminster |
Additional Information
| Days on Market | 5 |
|---|---|
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brady Efting |
|---|---|
| Co-Agent | Chad Goodale |
| Office | Compass - Denver |