Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market.
With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.
Sold
$700,000
4489 Grant Street, Denver, CO 80216
5beds
3baths
2,566sqft
Triplex
Built in 1894
-- sqft lot
$692,500 Zestimate®
$273/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 01:47pm
Listed by:
Christopher Mitton 303-887-4955 cmitton@pinnaclerea.com,
Pinnacle Real Estate Advisors
Bought with:
Christopher Mitton, 100081883
Pinnacle Real Estate Advisors
Source: REcolorado,MLS#: 7233580

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Steam
Cooling
- Has cooling: Yes
Appliances
- Laundry: In Unit
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,566
- Total interior livable area: 2,566 sqft
- Finished area above ground: 2,566
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Details: Off Street Spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Garden, Private Yard, Rain Gutters
- Fencing: Partial
Lot
- Size: 9,375 sqft
- Features: Level
Details
- Parcel number: 222133029
- Zoning: E-MX-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Cement Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1894
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
Community & neighborhood
Location
- Region: Denver
- Subdivision: Globeville
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
- Ownership: Individual
Services availability

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Estimated market value
$692,500