Denver, CO 80209,44 S Sherman ST
Denver, CO 80209,44 S Sherman ST
Denver, CO 80209,44 S Sherman ST
Denver, CO 80209,44 S Sherman ST
Denver, CO 80209,44 S Sherman ST
Denver, CO 80209,44 S Sherman ST
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Wendy Rowley

Wendy Rowley

+1(303) 717-5613
$ 2,600,000
Est. payment | /mo

8,998 SqFt

Save
$ 2,600,000
Est. payment | /mo
Save

8,998 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,998 sqft

Price per Sqft $288

MLS Listing ID 4847818

Style Traditional

HOA Y/N No

Year Built 1960

Annual Tax Amount $18,265

Tax Year 2024

Lot Size 6,442 Sqft

Acres 0.15

Property Sub-Type Multi Family

Source recolorado

Property Description

NICE 13-UNIT APARTMENT BUILDING WITH GREAT INCOME AND FABULOUS POTENTIAL! Great solid-brick apartment building in great condition in desirable quiet residential neighborhood. Walking distance to south Broadway corridor, including restaurants, retail, and nightlife. Close to Baker & West Washington Park neighborhoods. Professionally managed building & well-maintained with solid, strong income and tremendous upside potential! Newer windows throughout building, 10 of 13 units have been totally remodeled over past few years. Secure building, four off-street parking spot, four balcony units - building consists of two studio, ten one bedroom, and one two-bedroom penthouse apartment. Low vacancy rate. 2024 Cap Rate was 4.79, but 06/2025 rent increases bring projected new Cap Rate of 5.92 with room for additional increases. Operating costs included remodeling expenses of some units. 2024 assessed value is $3,497,000. This is truly a rare opportunityto own a great income-producing multi-familly property with tremendous upside. Hurry - this property will not last long!

Location

State CO

County Denver

Zoning G-MU-3

Interior

Fireplace N

Exterior

Exterior Feature Balcony, Lighting

Parking Features Exterior Access Door, Lighted

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Membrane

Total Parking Spaces 4

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Bunnell Real Estate Services

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Polaris at Ebert Elementary School

    Public | KG - 5

  • 9

    Steele Elementary School

    Public | KG - 5

  • 9

    Cory Elementary School

    Public | 1 - 5

  • 8

    Bromwell Elementary School

    Public | KG - 5

  • 8

    University Park Elementary School

    Public | KG - 5

  • 8

    Teller Elementary School

    Public | PK - 5

  • 7

    Valdez Elementary School

    Public | PK - 5

  • 7

    Lincoln Elementary School

    Public | KG - 5

  • 7

    Asbury Elementary School

    Public | KG - 5

  • 6

    Kipp Sunshine Peak Academy

    Public | 5 - 8

  • 6

    University Preparatory

    Public | KG - 3

  • 5

    Fairview Elementary School

    Public | PK - 5

  • 5

    Greenlee Elementary School

    Public | PK - 5

  • 4

    Johnson Elementary School

    Public | PK - 5

  • 4

    Goldrick Elementary School

    Public | PK - 5

  • 4

    Schmitt Elementary School

    Public | PK - 5

  • 4

    Mathematics and Science Leadership Academy

    Public | KG - 5

  • 4

    Columbine Elementary School

    Public | PK - 5

  • 3

    Barnum Elementary School

    Public | PK - 5

  • 3

    Escuela Tlatelolco School

    Public | KG - 12

Middle Schools 20
  • 7

    Morey Middle School

    Public | 6 - 8

  • 7

    Girls Athletic Leadership School

    Public | 6 - 8

  • 7

    Merrill Middle School

    Public | 6 - 8

  • 6

    Grant Beacon Middle School

    Public | 6 - 8

  • 5

    Kepner Middle School

    Public | 8 - 8

  • 5

    Strive Prep - Federal

    Public | 6 - 8

  • 5

    Denver Center for International Studies

    Public | 6 - 12

  • 5

    Dora Moore ECE-8 School

    Public | EE - 8

  • 5

    Whittier ECE-8 School

    Public | EE - 8

  • 4

    Strive Prep - Sunnyside

    Public | 6 - 8

  • 3

    Strive Prep - Westwood

    Public | 6 - 8

  • 0

    Kepner Beacon Middle School

    Public | 6 - 8

  • 0

    Compass Academy

    Public | 6 - 8

  • 0

    Strive Prep - Kepner

    Public | 6 - 7

  • 0

    Ace Community Challenge School

    Public | 8 - 10

  • 0

    La Academia at the Denver Inner City Parish

    Private | 7 - 12

  • 0

    West Generation Academy

    Public | 6 - 12

  • 0

    West Leadership Academy

    Public | 6 - 12

  • 0

    Denver Public Montessori Junior/Senior High School

    Public | 6 - 7

  • 0

    Denver Center for 21st Learning at Wyman

    Public | 6 - 12

High Schools 20
  • 6

    Kipp Denver Collegiate High School

    Public | 9 - 12

  • 6

    East High School

    Public | 9 - 12

  • 5

    South High School

    Public | 9 - 12

  • 4

    Cec Middle College of Denver

    Public | 9 - 12

  • 4

    Manual High School

    Public | 9 - 12

  • 2

    North High School

    Public | 9 - 12

  • 1

    Abraham Lincoln High School

    Public | 9 - 12

  • 1

    Academy of Urban Learning

    Public | 9 - 12

  • 0

    Excel Academy

    Public | 9 - 12

  • 0

    Strive Preparatory - Smart Academy

    Public | 9 - 10

  • 0

    Respect Academy at Lincoln

    Public | 9 - 12

  • 0

    North High School Engagement Center

    Public | 9 - 12

  • 0

    Strive Preparatory - Excel

    Public | 9 - 9

  • 0

    Florence Crittenton High School

    Public | 9 - 12

  • 0

    Colorado's Finest Alternative High School

    Public | 9 - 12

  • 0

    Contemporary Learning Academy High School

    Public | 9 - 12

  • 0

    Colorado High School

    Public | 10 - 12

  • 0

    West Career Academy

    Public | 9 - 12

  • 0

    West High School

    Public | 9 - 12

  • 0

    Emily Griffith Technical College

    Public | 9 - 12

School and business data provided by Attom Data.
Wendy Rowley

+1(303) 717-5613

wendy@therowleygroup.com

18801 E Mainstreet, Ste 250, Parker, CO, 80134, United States

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44 S Sherman ST