Investor Special – Duplex with Quadplex Potential! CAP Rate: 6.8% | Fully Occupied | Income-Producing Opportunity!
Attention all savvy investors and house hackers! This is your chance to own a cash-flowing duplex in the hot East Colfax neighborhood — with the potential to become a quadplex! Property Highlights:
Two large units — each 835 sq ft on the main floor plus 835 sq ft of basement space
2 bed / 1 bath per unit currently, with unfinished basements ready to be converted into 4 bed / 2 bath units
Fully occupied – income from day one! Recent capital improvements already completed Each unit has its own side yard
4 off-street parking spaces. Value-Add Opportunity: Unfinished basements offer significant upside — build out additional bedrooms and bathrooms to double your rental income potential! Investment Potential: Great for long-term rental, Airbnb, or owner-occupied house hacking. Prime Location: 1.5 miles to Stanley Marketplace, 2.5 miles to City Park, 6 miles to Coors Field, Easy access to DIA and major highways
Listed by Brynn Cerese
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License #55057900
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Five Four Real Estate, LLC
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802-522-8944
Listed by Steven Cerese
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License #55038241
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Five Four Real Estate, LLC
Last updated January 08, 2026
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Source: REcolorado #9354323
Listing Facts
TypeMulti-family
NeighborhoodEast Colfax
Bedrooms4
Bathrooms2
Days on Prevu21
Taxes$3,070/year
Size1,670 sqft
Price per sqft$419
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/08/2026
Listed by Five Four Real Estate, LLC
$699,000
Property Details for 8001 E 16th Street
Exterior
Construction
Property Attached: Yes
Roof: Shingle, Composition
Structure Type: Duplex
Year Built: 1925
Common Walls: 1 Common Wall
Construction Materials: Brick
Measurements
Building Area Total: 3,340
Lot Features: Level
Lot Size Acres: 0.14
Lot Size Area: 0
Lot Size Square Feet: 6,098
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 6.8
Gross Income: $54,000.00
Operating Expense: $10,000.00
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
Taxes
Parcel Number: 1333-14-012
Tax Annual Amount: $3,070.00
Tax Year: 2024
Interior
Measurements
Living Area: 1,670
Rooms
Basement: Unfinished
Has Basement: Yes
Bathrooms Total Integer: 2
Bedrooms Total: 4
Other
General
Exclusions: Tenant's Personal Property
Location
Subdivision Name: East Montrose
Parking
Parking
Parking Total: 4
Schools
Elementary School
Elementary School: Ashley
Elementary School District: Denver 1
High School
High School: George Washington
High School District: Denver 1
Middle or Junior School
Middle Or Junior School: Hill
Middle Or Junior School District: Denver 1
Utilities
Equipment
Cooling: Attic Fan
Heating: Forced Air
Laundry Features: In Unit
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 4 bedrooms and 2 bathrooms in this multi-family home at 8001 E 16th Street.
What schools are nearby to 8001 E 16th Street?
Nearby schools include the Ashley Elementary School, Hill Middle School, and George Washington High School.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 8001 E 16th Street.
What are the annual taxes for 8001 E 16th Street?
Annual taxes for this multi-family home are estimated at $3,070.
How does 8001 E 16th Street compare to other multi-family homes in East Colfax?
This multi-family home is listed 51% below the average price for multi-family homes in East Colfax and has been on the market for 48 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,670 sqft.
8001 E 16th Street is a 4-bedroom, 2-bath multi-family home for sale in Denver CO 80220. Listed on Prevu for 21 days at $699,000. This residence features 1,670 square feet of living space, located in East Colfax. The median listing price for multi-family homes in this area is $475,000. Nearby schools include Ashley Elementary School, Hill Middle School, and George Washington High School. Additional amenities include parking. Explore more multi-family home listings in Denver.
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