Rare duplex value-add opportunity in the heart of Midtown Denver. 1937–1939 Park Ave offers two legal addresses with strong potential for repositioning into two attached single family residences. Minimal upgrades needed with strong resale demand for finished product.
Offered at $700,000 with an estimated post-renovation value of $990,000, this property presents a highly financeable split-exit strategy with excellent upside. Each side is approximately 918 SF and ideal for end-user resale after renovation.
Located within the larger Uptown Portfolio, this property is part of a rare contiguous assemblage including 1960 Clarkson, 1950 Clarkson, and 818–820 E 20th. Buyers may purchase individually or as part of the full site opportunity.
Excellent Midtown location adjacent to Safeway-anchored retail, near downtown Denver, hospitals, restaurants, and major employment centers. Strong opportunity for investors, flippers, and buyers looking for a clean duplex repositioning strategy with multiple exit paths.
Listed by Jules "J.B." Hochman
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License #026271
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Brockman Group LLC
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303-668-4930
Listed by Justin Brockman
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License #55047737
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Brockman Group LLC
Last updated April 24, 2026
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Source: REcolorado #7386432
Listing Facts
TypeMulti-family
NeighborhoodFive Points
Bedrooms4
Bathrooms2
Days on Prevu8
Taxes$5,164/year
Size2,254 sqft
Price per sqft$311
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
04/24/2026
Listed by Brockman Group LLC
$700,000
Property Details for 1937-1939 Park Avenue
Exterior
Construction
Property Attached: Yes
Property Condition: Fixer, Updated/Remodeled
Roof: Membrane
Structure Type: Duplex
Year Built: 1900
Common Walls: End Unit, 1 Common Wall
Construction Materials: Block, Brick
Features
View: City, Mountain(s)
Measurements
Building Area Total: 2,354
Lot Features: Level
Financial
Residential Income
Cap Rate: 5.42
Gross Income: $48,000.00
Operating Expense: $10,000.00
Taxes
Parcel Number: 2353-10-037-039
Tax Annual Amount: $5,164.00
Tax Year: 2024
Interior
Measurements
Living Area: 2,254
Rooms
Basement: Partial
Has Basement: Yes
Bathrooms Total Integer: 2
Bedrooms Total: 4
Other
General
Exclusions: Tenants Personal Property
Location
Subdivision Name: Uptown
Parking
Parking
Parking Total: 2
Schools
Elementary School
Elementary School: Cole Arts And Science Academy
Elementary School District: Denver 1
High School
High School: East
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Whittier E-8
Middle Or Junior School District: Denver 1
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 4 bedrooms and 2 bathrooms in this multi-family home at 1937-1939 Park Avenue.
What schools are nearby to 1937-1939 Park Avenue?
Nearby schools include the Cole Arts And Science Academy Elementary School, Whittier E-8 Middle School, and East High School.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1937-1939 Park Avenue.
What are the annual taxes for 1937-1939 Park Avenue?
Annual taxes for this multi-family home are estimated at $5,164.
How does 1937-1939 Park Avenue compare to other multi-family homes in Five Points?
This multi-family home is listed 71% below the average price for multi-family homes in Five Points and has been on the market for 93 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,254 sqft.
1937-1939 Park Avenue is a 4-bedroom, 2-bath multi-family home for sale in Denver CO 80218. Available on Prevu for 8 days at $700,000. This home features 2,254 square feet of living space, located in Five Points. The median listing price for multi-family homes in this area is $609,950. Nearby schools include Cole Arts And Science Academy Elementary School, Whittier E-8 Middle School, and East High School. Property amenities include air conditioning and parking. Explore more multi-family home listings in Denver.
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