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1437 Columbine StreetDenver, CO 80206

For Sale

$1,850,000

Smart Buyer Rebate $18,500

Classic 1905 Revival-style triplex in the heart of Denver’s Congress Park, offering 5,480 sq. ft. of income-producing space and timeless character. Configured as three units with 6 bedrooms and 6 bathrooms total, this property blends historic charm with strong investment potential. Unit A spans two levels with 3 beds/3 baths, while Units C and D offer 2-bed/2-bath and 1-bed/1-bath layouts. Current long-term leases generate $1,850–$2,250/month per unit, with projected annual income of $103,000 for full long-term occupancy—or $140,000+ if Unit A is operated as a short-term rental. Estimated cap rate ranges from 5.3%–5.8%, with additional upside through modest updates, utility pass-throughs, or garage/parking income.

Recent updates include a new boiler system, city-compliant fire escape, underfloor heating, updated bathrooms in Units A and C, re-landscaped front and back yards with retaining wall, new patio and outdoor lighting, fully automated sprinkler system, smart lighting, CCTV, and electronic keypads. Original details remain throughout—woodwork, stained glass, tile fireplaces, radiators, pocket doors, and a welcoming front porch—elements that attract both long-term tenants and Airbnb guests.

Additional highlights: two laundry areas, three off-street parking spaces (with potential for a future garage), and a fully fenced backyard.

Prime location in one of Denver’s most walkable neighborhoods—just blocks from City Park, Denver Botanic Gardens, Washington Park, and Colfax Avenue’s dining and nightlife. Stroll to favorites like Shells & Sauce, Chef Zorba’s, and Genesee Coffee, or explore Cherry Creek’s upscale shopping minutes away. Convenient to bus and light rail, plus Rose, National Jewish, St. Joseph’s, and Anschutz hospitals. Zoned for multifamily with potential for single-family conversion (nearby homes trade around $5M) or reconfiguration to four units, this is a rare, flexible asset in a coveted corridor.

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 October 19, 2025

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Source: REcolorado #6990012

Listing Facts

  • TypeMulti-family
  • NeighborhoodCongress Park
  • Bedrooms6
  • Bathrooms7
  • Days on Prevu152
  • Taxes$7,378/year
  • Size4,912 sqft
  • Price per sqft$377

Amenities

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

Location

Mortgage Calculator

Listing History

09/30/2025
Price Decreased
$1,850,000
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.