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3414 W 23rd AvenueDenver, CO 80211

For Sale

$899,000

Smart Buyer Rebate $8,990

Welcome to this charming Victorian home nestled on a beautiful tree-lined street in Denver. Built in 1900, this home has been tastefully converted into four distinct rental units. It represents a rare opportunity to own multiple income-producing apartments in one of Denver’s most central locations. Located just moments from Sloan's Lake, LoHi, Downtown Denver and Empower Field at Mile High, tenants will enjoy easy access to the city’s best amenities. Each unit offers private living space with its own unique features and character. Situated on a prime corner lot, the house provides shared amenities for tenants to use (no HOA). The fenced backyard allows tenants to enjoy the Colorado outdoor weather, a 1-car detached garage provides additional storage space, and the basement features a shared laundry room and adds approximately 500 square feet of unfinished living space. Three 1-bedroom units are currently rented while the large studio is available and ready for showings. The exterior of the home just went through a revamp with new exterior paint and refreshed landscaping. The FOUR apartments have been in strong demand for 10 years, and will serve as a profitable addition to your investment portfolio. Here is what each unit has to offer:
-> Unit 1 - 1 bedroom. Located upstairs in the back of the home. In unit washer / dryer hookups. Has stair access from the front door and a private back door entrance.
-> Unit 2 - 1 bedroom. Located upstairs in the front of the home.
-> Unit 3 - 1 bedroom. Street level access through the backyard. Most upgraded unit with white shaker cabinets, granite countertops, stainless steel appliances, exposed brick accent wall, sliding French doors leading to the bedroom, hardwood floors, large bathroom with tub/shower combo and in unit washer / dryer hookups.
-> Unit 4 - Studio. Street level access on north side of the home. New interior paint and carpet, granite countertops in kitchen, bathroom with window and walk-in shower.

Listed by Zac Nelson

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License #032307

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Compass - Denver

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720-933-8232

Last updated September 05, 2025

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Source: REcolorado #8465619

Listing Facts

  • TypeMulti-family
  • NeighborhoodSloan Lake
  • Days on Prevu5
  • Taxes$3,921/year
  • Size2,342 sqft
  • Price per sqft$384

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

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Listing History

09/04/2025
Listed by Compass - Denver
$899,000

Property Details for 3414 W 23rd Avenue

Exterior

Construction

  • Roof: Composition
  • Structure Type: Quadruplex
  • Year Built: 1900
  • Architectural Style: Victorian
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Yard

Features

  • Direction Faces: East
  • Fencing: Partial

Measurements

  • Building Area Total: 2,842
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,330
  • Lot Size Square Feet: 6,330
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.5
  • Gross Income: $77,866.00
  • Operating Expense: $19,406.00
  • Operating Expense Includes: Maintenance, Professional Management, Utilities

Taxes

  • Parcel Number: 2322-20-019
  • Tax Annual Amount: $3,921.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan

Measurements

  • Living Area: 2,342

Rooms

  • Basement: Exterior Entry, Unfinished
  • Has Basement: Yes

Other

General

  • Exclusions: All tenant's personal belongings.

Location

  • Subdivision Name: Witter & Cofields / Sloan's Lake

Parking

Parking

  • Garage Spaces: 1
  • Parking Features: Gravel
  • Parking Total: 5

Schools

Elementary School

  • Elementary School: Brown
  • Elementary School District: Denver 1

High School

  • High School: North
  • High School District: Denver 1

Middle or Junior School

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

Utilities

Equipment

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas 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.