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2133 S Ash StreetDenver, CO 80222

For Sale

$1,600,000

Smart Buyer Rebate $16,000

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

Taxes

  • Parcel Number: 0630217008000
  • Tax Annual Amount: $6,209.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Cooktop, Dishwasher, Disposal, Freezer, Microwave, Oven, Refrigerator

Measurements

  • Living Area: 3,141

Rooms

  • Basement: Crawl Space
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6

Other

Location

  • Subdivision Name: University Hills

Parking

Parking

  • Parking Features: Gravel
  • Parking Total: 7

Schools

Elementary School

  • Elementary School: University Park
  • Elementary School District: Denver 1

High School

  • High School: Thomas Jefferson
  • High School District: Denver 1

Middle or Junior School

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

Utilities

Equipment

  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Sewer: Community Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone 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.