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
Mortgage Calculator
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
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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