ATTENTION INVESTORS AND DEVELOPERS! With the recent law changes including Parking Reform (HB24-1304) and Stairwell Code Change (HB25-1273) this opportunity will not last. Presenting 2133 S Ash St, an incredible redevelopment opportunity in the rapidly expanding University Hills neighborhood. This quadplex, set on a substantial 12,300 sq/ft lot, is primed for transformation. Zoned Commercial Mixed Use (C-MX-5) with the potential for up to five stories, this property offers unparalleled possibilities for your next commercial or mixed-use project. Surrounded by a dynamic mix of developments—including a neighboring 1.5-acre apartment complex ( Deco Apartments ) and a 20+ unit rowhome development across the street—this location is ideal for growth. Just minutes from Denver University, Wash Park, Bonnie Brae, and other highly sought-after areas, the property boasts a prime location with immense potential. Currently configured as a four-unit building, it features two 1-bed/1-bath units and two 2-bed/1-bath units. Two units are tenant occupied on a month-to-month basis, while the remaining two are vacant and ready for renovation and/or new tenants. This is the investment opportunity you've been waiting for—schedule your private tour today! Preferred lender incentive up to $5,000 towards closing costs, please inquire for more info.
Listed by Tanner Schuetz
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License #55056199
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Grant Real Estate Company
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941-224-1622
Listed by Daniel Beckius
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License #55051751
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Grant Real Estate Company
Last updated August 06, 2025
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Source: REcolorado #2803475
Listing Facts
TypeMulti-family
NeighborhoodUniversity Hills
Bedrooms6
Bathrooms4
Days on Prevu61
Taxes$6,209/year
Size3,141 sqft
Price per sqft$509
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
07/08/2025
Listed by Grant Real Estate Company
$1,600,000
Property Details for 2133 S Ash Street
Exterior
Construction
Property Attached: Yes
Property Condition: Fixer
Roof: Membrane, Other
Structure Type: Quadruplex
Year Built: 1950
Common Walls: 2+ Common Walls
Construction Materials: Other
Exterior Features: Dog Run, Rain Gutters
Features
Fencing: Partial
Measurements
Building Area Total: 3,141
Lot Features: Corner Lot, Near Public Transit
Lot Size Acres: 0.28
Lot Size Area: 0
Lot Size Square Feet: 12,196
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 1.0
Gross Income: $24,600.00
Operating Expense: $10,956.00
Operating Expense Includes: Insurance, Real Estate Tax
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
Water Source: Public
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