Development Opportunity – Land Approved for 5-Story, 33-Unit Project
The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process.
Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9–12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.
Listed by Christine Kresge
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License #36300N
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Avenue Realty & Mortgage
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303-667-7204
Last updated August 14, 2025
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Source: REcolorado #5401991
Listing Facts
TypeMulti-family
NeighborhoodHighland
Bedrooms7
Bathrooms4
Days on Prevu121
Taxes$150/year
Size3,958 sqft
Price per sqft$431
Amenities
Parking
Location
Mortgage Calculator
Listing History
08/12/2025
Price Decreased
$1,706,250
07/16/2025
Price Decreased
$1,750,000
07/03/2025
Price Decreased
$1,988,750
05/29/2025
Price Decreased
$2,042,500
05/08/2025
Listed by Avenue Realty & Mortgage
$2,150,000
Property Details for 2900 W 32nd Avenue
Exterior
Construction
Roof: Composition
Structure Type: Triplex
Year Built: 1912
Construction Materials: Brick
Measurements
Building Area Total: 3,958
Lot Features: Level
Lot Size Acres: 0.23
Lot Size Area: 0
Lot Size Square Feet: 10,018
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 2294-04-096
Tax Annual Amount: $150.00
Tax Year: 2024
Interior
Measurements
Living Area: 3,958
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Total Integer: 4
Bedrooms Total: 7
Other
General
Exclusions: Tenants personal property
Location
Subdivision Name: Lo Hi
Parking
Parking
Parking Total: 4
Schools
Elementary School
Elementary School: Edison
Elementary School District: Denver 1
High School
High School: North
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Strive Sunnyside
Middle Or Junior School District: Denver 1
Utilities
Equipment
Cooling: Evaporative Cooling
Heating: Forced Air
Sewer: Public Sewer
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