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1437 Columbine StreetDenver, CO 80206

For Sale

$1,900,000

Smart Buyer Rebate $19,000

Classic Revival-style 3-unit income property in prime Congress Park location with long-term upside. Built in 1905 and offering 5,480 sq. ft. of rentable space, this property is currently configured as three separate units: 6 bedrooms, 7 bathrooms total. Two units have been updated; the third is occupied by a long-term tenant. Layout allows for continued multi-unit use or conversion back to single-family. Zoned and structured to appeal to both traditional and short-term rental strategies.

Recent upgrades include a new boiler system, code-compliant fire escape, and electronic keypad entry on all units. Much of the original architectural character remains—wood moulding, stained glass, radiators, and fireplace grates—supporting strong appeal to both long-term and short-term tenants. Additional features include two laundry areas, a fully fenced backyard, and three off-street parking spaces.

Located in a walkable, high-demand rental corridor close to City Park, Denver Botanic Gardens, Bluebird Theater, and Colfax Avenue dining and nightlife.

Value-add potential: Cap rate can increase with additional unit updates or by applying for a short-term rental permit and shifting one or more units to Airbnb-style use (buyer to verify city requirements). Featured in Historic Denver’s Northwest Congress Park Neighborhood guidebook. Strong existing structure, prime location, and flexible configuration make this a compelling asset for investors seeking immediate income and long-term growth.

Listed by Katie Fredrick

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License #55037861

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LIV Sotheby's International Realty

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720-628-2735

Last updated August 06, 2025

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Source: REcolorado #6990012

Listing Facts

  • TypeMulti-family
  • NeighborhoodCongress Park
  • Bedrooms6
  • Bathrooms7
  • Days on Prevu107
  • Taxes$7,378/year
  • Size4,912 sqft
  • Price per sqft$387

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

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Listing History

05/23/2025
Listed by LIV Sotheby's International Realty
$1,900,000

Property Details for 1437 Columbine Street

Exterior

Construction

  • Roof: Composition
  • Structure Type: Triplex
  • Year Built: 1905
  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Exterior Features: Balcony, Garden, Gas Grill, Private Yard

Features

  • Direction Faces: East
  • Fencing: Full
  • Patio And Porch Features: Covered, Front Porch, Patio
  • View: City

Measurements

  • Building Area Total: 5,480
  • Lot Features: Historical District, Level, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.17
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,405
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 5.79
  • Gross Income: $150,000.00
  • Operating Expense: $41,880.00

Taxes

  • Parcel Number: 5012-08-025
  • Tax Annual Amount: $7,378.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer, Wine Cooler
  • Fireplace Features: Basement, Dining Room, Family Room
  • Fireplaces Total: 3
  • Flooring: Carpet, Stone, Tile, Wood
  • Interior Features: Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s), Wired For Data

Measurements

  • Living Area: 4,912

Rooms

  • Basement: Daylight, Exterior Entry, Finished, Full
  • Has Basement: Yes
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 6

Other

General

  • Exclusions: Owners and tenant's personal property.

Location

  • Subdivision Name: Congress Park

Parking

Parking

  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Teller
  • Elementary School District: Denver 1

High School

  • High School: East
  • High School District: Denver 1

Middle or Junior School

  • Middle Or Junior School: Morey
  • Middle Or Junior School District: Denver 1

Utilities

Equipment

  • Cooling: Air Conditioning-Room
  • Heating: Hot Water, Steam
  • Laundry Features: Common Area, Multiple Locations
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.