PRICE IMPROVEMENT!!! Rare opportunity to own a huge residential rental with great upside potential!!! This triplex boasts 5B/2B, 4B/2B and 5B/2B with full finished basements, private garages, and spacious enclosed yards for each unit. The basement living quarters paired with the upstairs are perfect for large families, blended families or mother-in-law housing, allowing the investor to capitalize on the square footage of the home and maximize the rents. All three units have full basements with two of the three bedrooms and sporting a full kitchen, individual laundry and private entrances. The property alone has 5 kitchens, 14 bedrooms, and 6 full bathrooms. Newer paint and flooring, and one unit has new furnace/boiler. Potential added rental income from the three detached garages, as well as the opportunity to implement RUBS for water/trash. Great location near Anschutz Medical Campus and all amenities within close proximity. Don't miss out on this unique property! Pair this property with the triplex next door, also for sale, to maximize the management of both.
Listed by Sherry Schoenberger
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License #035137
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HomeSmart
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303-713-9000
Last updated August 15, 2025
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Source: REcolorado #6135487
Listing Facts
TypeMulti-family
NeighborhoodSable Altura Chambers
Bedrooms14
Bathrooms6
Days on Prevu128
Taxes$6,059/year
Size5,276 sqft
Price per sqft$208
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
07/28/2025
Price Increased
$1,100,000
07/28/2025
Price Decreased
$110,000
06/17/2025
Price Decreased
$1,120,000
05/02/2025
Listed by HomeSmart
$1,150,000
Property Details for 14200 E 22nd Place
Exterior
Construction
Property Attached: Yes
Roof: Composition
Structure Type: Triplex
Year Built: 1978
Common Walls: 2+ Common Walls
Construction Materials: Brick, Frame
Exterior Features: Private Yard, Rain Gutters
Features
Fencing: Partial
Patio And Porch Features: Covered, Front Porch
Measurements
Building Area Total: 5,456
Lot Features: Corner Lot, Landscaped, Level, Near Public Transit, Sprinklers In Front
Financial
Residential Income
Cap Rate: 7.4
Gross Income: $92,705.00
Operating Expense: $21,160.00
Operating Expense Includes: Insurance, Maintenance, Other, Personal Property Tax, Real Estate Tax, Utilities
Taxes
Parcel Number: R0085397
Tax Annual Amount: $6,059.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Middle Or Junior School District: Adams-Arapahoe 28J
Utilities
Equipment
Heating: Forced Air, Natural Gas
Laundry Features: In Basement, In Unit, Laundry Closet, Main Level, Multiple Locations
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Public
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